随着我国债券市场的迅速发展,债券已成为企业和居民最重要的投融资渠道。信用评级能够缓解信息不对称,是揭示债券信用风险最重要的手段之一。目前存在的评级泡沫化现象,严重降低了信用评级的使用价值。本文具体分析这一现象及成因,并提出消除评级泡沫、提高信用评级质量的政策建议。 With the rapid development of China’s bond market, bonds have become the most important investment and financing channel for enterprises and residents. Credit rating can alleviate the asymmetry of information is one of the most important means to reveal the credit risk of bonds. The current phenomenon of bubble rating, seriously reducing the credit rating of the value. This article specifically analyzes this phenomenon and its causes, and puts forward policy suggestions to eliminate the rating bubble and improve the credit rating quality.