大力发展地方政府债券市场是我国推进城镇化的必然选择,如何防范和化解地方政府债的系统性风险,是各级政府和金融市场广大投资者必须共同应对的问题。本文通过对国外地方政府债信用评级的国际经验介绍,并结合我国地方债信用评级的现状与问题分析,探讨了我国地方债信用风险的有效防控机制。 Vigorously developing the local government bond market is an inevitable choice for our country to promote urbanization. How to prevent and defuse the systemic risk of local government debt is a problem that all levels of government and investors in the financial market must jointly cope with. Based on the introduction of the international experience of credit ratings of local government bonds in foreign countries and the analysis of the current situation and problems of the local debt credit rating in our country, this paper discusses the effective prevention and control mechanism of the local debt credit risk in our country.