What are the bonds issued by a company with its financial assets as collateral?

Bonds issued by a company with its financial assets as collateral are securities-backed trust company bonds, which are bonds issued with the company's financial assets (such as stocks or bonds held by the company) as collateral and are a kind of mortgage securities.

Mortgage company bonds refer to bonds issued with corporate financing as the guarantee. Among them, the company's movable property as collateral is called pledged corporate bonds; Real estate as collateral may be all or part of the company's assets. The former is called carpet mortgage corporate bonds, and the latter is called partial mortgage companies.

Mortgaged corporate bonds can be divided into: (1) companies with no fixed mortgage, that is, the issuing company continues to issue corporate bonds with the same collateral. (2) Restrict the mortgage of corporate bonds. This kind of corporate bonds shows that the issuing company can only issue corporate bonds once, and there is a kind of collateral. If the bonds are to be sold separately, additional collateral needs to be provided. According to the types of collateral, mortgage company bonds can be divided into equipment trust bonds and securities mortgage trust company bonds. Among them, securities mortgage trust company bonds are divided into stocks and corporate bonds. Although they can be transferred to the trustee, the mortgage company still reserves the right to vote and pay dividends.