The difference between short-term financing bonds and bonds

1. The management regulations are different. Short-term financing bonds shall be implemented in accordance with the Measures for the Administration of Short-term Financing Bonds, and corporate bonds shall be implemented in accordance with the Pilot Measures for the Issuance of Corporate Bonds.

2. Regulators are different. Short-term financing bonds are supervised by the People's Bank of China, and corporate bonds are supervised by the China Securities Regulatory Commission.

3. The issuer is different. The issuer of short-term financing bonds is a non-financial enterprise with legal personality, and the issuer of corporate bonds is a legal person enterprise.

4. Bonds have different maturities. The term of short-term financing bonds is less than one year, and the term of corporate bonds is more than one year.

What kinds of short-term financing bonds are there?

1. According to the distribution method, short-term financing bonds can be divided into brokerage financing bonds and direct selling financing bonds.

2. According to the classification of issuers, short-term financing bonds can be divided into financial enterprise financing bonds and non-financial enterprise financing bonds.

3. According to the classification of the issuance and circulation scope of financing bonds, short-term financing bonds can be divided into domestic financing bonds and international financing bonds.