The difference between corporate bonds and association bonds

1, with different issuers. Corporate bonds: issued by joint-stock companies and limited companies. Corporate bonds: mostly issued by central enterprises, state-owned enterprises or state-controlled enterprises.

2. Different mobile locations and pricing. Corporate bonds: At present, China only circulates in the stock exchange, which is relatively open, so the pricing is determined by the issuing company and underwriters through market inquiry. Corporate bonds: directly priced at an interest rate not higher than 40% of residents' time deposits in the same period, and the mobile places mainly flow in the interbank market.

3. The purpose of issuing bonds is different. Corporate bonds are bonds issued by companies according to the specific needs of enterprise management. Its main uses include investment in fixed assets, technology upgrading, improving the structure of enterprise capital sources, adjusting enterprise asset structure, reducing enterprise financial costs, and supporting enterprise mergers and acquisitions and asset restructuring. Corporate bonds are basically issued for infrastructure construction and government projects.