Legal analysis: the reason why bonds are corporate bonds lies in the main characteristics of corporate bonds: repayment of principal and interest, which is fundamentally different from other securities. First of all, corporate bonds reflect the creditor-debtor relationship between its issuers and investors. Therefore, corporate bonds should be repaid at maturity, not "investment" or "gift", but a "loan" relationship. Secondly, corporate bonds should not only be repaid at maturity, but also pay a certain amount of "interest" in addition to the principal, which is the "return" for investors to hand over their own funds to issuers for use within a period of time. It is "investment income" for investors and "capital cost" for issuers. There are two ways to determine interest: fixed interest and floating interest. There are two ways to pay interest: one-time payment at maturity and interval payment (such as once a year and once every six months). 1, corporate bonds are necessary securities; 2. Corporate bonds are monetary securities and financing securities; 3. Corporate bonds are securities that can be transferred, mortgaged and circulated; 4. Corporate bonds are warrants. 5. Corporate bonds are repaid with corporate profits, with high risks and high returns.
Legal basis: Article 154 of the Company Law of People's Republic of China (PRC). After the application for issuing corporate bonds is approved by the department authorized by the State Council, the method for raising corporate bonds shall be announced. The measures for raising corporate bonds shall specify the following main items:
(1) Name of the company;
(2) the purpose of the funds raised by bonds;
(3) The total amount of bonds and the par value of bonds.
(4) How to determine the bond interest rate;
(5) The time limit and method for repaying the principal and interest;
(6) Bond guarantee;
(7) The issue price and date of the bonds;
(8) The net assets of the company.
(9) The total amount of corporate bonds issued but not yet due.
(10) Corporate bond underwriting institutions.