What are the listing rules of corporate bonds of the Exchange?

1. What are the listing rules for corporate bonds of this Exchange? According to the listing rules, the Exchange's Listing Rules for Corporate Bonds stipulates that the term of bonds of listed companies is more than one year, and the actual issuance amount is not less than 50 million yuan. Bonds must be rated by credit rating agencies and have a good credit rating. The bonds shall be listed under the recommender system. An application for listing bonds on the Exchange shall be recommended by one or two institutions recognized by the Exchange, and a letter of recommendation for listing shall be issued. The Exchange shall set up a listing committee to examine the bond listing application, and the Exchange shall make a decision on whether to approve the listing according to the opinions of the listing committee. Listing rules have strict regulations on information disclosure of bonds of listed companies, which are similar to those of listed companies. Issuers need to make regular reports and interim reports. Periodic reports include annual reports and interim reports. If the information publicly disclosed by the issuer involves financial accounting, law, asset appraisal, credit rating and other matters, it shall be examined and verified by professional intermediaries such as accounting firms (securities qualifications), law firms, asset appraisal and rating agencies, and written opinions shall be issued. In view of the characteristics of bonds, the listing rules require issuers to disclose whether there is a breach of contract in the redemption and redemption of issued bonds, whether there is a risk of repayment on schedule in the future, the description of bond tracking rating, and major litigation matters involving or possibly affecting the repayment of bonds on schedule. During the listing of bonds, if there are any events or related market rumors that may lead to major changes in the credit rating of bonds and have any impact on the timely repayment of bonds, the issuer shall submit an interim report to this Exchange at the first time and make an announcement to clarify it. The Exchange will suspend relevant bonds as appropriate. Two. Bond listing Bond listing means that the stock exchange recognizes and accepts certain bonds to be traded in the exchange market, and the bond listing must conform to the listing system formulated by the stock exchange and relevant government departments. Unlike stocks, corporate bonds have a fixed term, and the issuer must repay the principal and interest according to the agreed conditions. Therefore, the conditions for listing bonds are different from those for stocks. In order to protect the interests of investors and ensure the liquidity of bond trading, a stock exchange should generally review the listing qualification of corporate bonds from the following aspects after receiving the issuer's listing application. The listing of bonds refers to the legal act that bonds issued according to law are publicly listed and traded on the stock exchange after being approved by the stock exchange. The listing of bonds is a bridge connecting bond issuance and bond trading. All bonds traded on the stock exchange are called listed bonds; Accordingly, bond issuers are called listed companies. In the Listing Rules, there are requirements for corporate bonds of exchange companies, and securities trading can only be carried out if the requirements are met. The listing rules of corporate bonds of the exchange will be different according to the specific circumstances, but generally speaking, they are based on the interests of both parties and also to better protect the interests of investors.