目前全国每年发行各类有价证券几百亿,累计发行上千亿,如此大额资金,已经渗透到千家万户,是否能按期偿还本息已成为人们街头巷议的热点话题。国内最近出现的几起债券不能按时兑现风潮已经给人们敲响了警钟。据测算,全国会有相当一部分企业不能按时兑现债券到期款项,这些企业事前没有经过科学的评估论证,盲目上项目,最后导致债券集资款只能以滚动发行的方式转移困难;这些企业许多是没有经过有价证券评级或经过评级信誉较低的企业。诚然,购买有价证券存在着一定的风险,但在风险预期上决不是无所作为,有价证券评级将是维护筹资者和投资者双方合法权益的最佳选择。 At present, there are tens of billions of securities issued every year in the whole country and the accumulated issuance of billions of billions has soared to millions of households. Whether the principal and interest can be repaid on schedule has become a hot topic in the streets. The recent emergence of several domestic bonds that have not been able to deliver on schedule has given people a wake-up call. It is estimated that a considerable part of the country will not be able to honor the bond due on time. These enterprises did not go through scientific evaluation and demonstration projects beforehand, and blindly ended the project. As a result, the bond-backed funds could only be transferred in a roll-out manner. Many of these enterprises are There are no companies that have undergone a securities rating or have a low reputation rating. Admittedly, there is a certain risk involved in the purchase of securities, but risk aversion is by no means ineffective. The valuation of securities will be the best choice for safeguarding the legitimate rights and interests of both fundraisers and investors.