Credit Rating Model of Small Enterprises Based on Optimal Discriminant Ability and Its Empirical Study

Table 4

Default loss rate of different credit ratings.

(1) Objective function threshold	(2) Objective function value	(3) AAA rating LGD	(4) AA rating LGD	(5) A rating LGD	(6) BBB rating LGD	(7) BB rating LGD	(8) B rating LGD	(9) CCC rating LGD	(10) CC rating LGD	(11) C rating LGD
40000	41742	0.52	5.62	8.18	11.10	15.30	22.93	37.89	94.68	100.00
	42650	0.58	5.41	8.20	18.56	19.42	19.52	37.89	94.53	100.00
42196	42643	0.57	5.69	6.74	7.79	18.03	20.48	22.96	94.68	100.00
	42657	0.53	6.08	6.61	8.10	19.40	19.61	22.96	94.53	100.00
42650	44951	0.52	5.49	7.65	15.42	17.44	20.84	23.01	94.82	100.00