This study aims to analyze the effect of earnings management, liquidity ratios, solvency ratios, and profitability ratios on bond ratings. The obligations of a property and real estate sector company given by a depository are important for investors to know because investors will know the rating of the company that is eligible or not to invest. The population of this study is 45 companies listed on the Indonesia Stock Exchange in the property and real estate sector during the 2017-2020 period. The sampling technique used was purposive sampling method and 22 companies were selected as samples. This study uses quantitative descriptive methods and multiple regression tests to determine the relationship between variables. The results of the analysis show that earnings management, liquidity ratios, solvency ratios and profitability ratios have an effect on bond ratings in the property sector listed on the IDX.