The article considers the modern foreign and domestic approaches to an assessment of the credit quality of issuers of bonds. The authors make a conclusion that the existing techniques of an assessment of the credit quality of issuers of bonds have a number of serious shortcomings, since they presuppose the equivalence of issuers’ ability and readiness to carry out its obligations with respect of bonds, their own universality and as well as accessibility, relevance and reliability of financial reporting of an bond issuer.
Keywords: bond market, investment portfolio, commercial bank, credit rating, financial risk, financial performance
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