1. transferable
According to the company law, corporate bonds are transferable. This legally affirms the liquidity of corporate bonds, which enables such securities to be bought and sold in the market.
2. Transfer location
According to the law, the transfer of corporate bonds should be carried out on a legally established stock exchange. There are two kinds of trading places here: one is the centralized trading place, that is, the on-site trading of the stock exchange; The other is over-the-counter trading established according to law, that is, over-the-counter trading.
3. Transfer price
The transfer price of corporate bonds is agreed by the transferor and the transferee, that is, the buyers and sellers of corporate bonds determine their buying and selling prices according to the role of the market mechanism, not by the administrative organs.
4. Transfer mode
Registered bonds are transferred by bondholders by endorsement or other means stipulated by laws and administrative regulations, mainly to meet the needs of paperless issuance and circulation.
5. Listing of corporate bonds
Listing of corporate bonds means listing on the stock exchange. A company's application for listing its corporate bonds must be approved by the the State Council Securities Regulatory Authority or its authorized stock exchange.
6. Conditions for listing corporate bonds
The listing of corporate bonds must meet the following three conditions: (1) the term of corporate bonds is more than one year; (2) The actual amount of corporate bonds issued is not less than 50 million yuan; (3) When the company applies for listing its bonds, it still meets the statutory conditions for issuing corporate bonds.