19 Cheng Chuan 0 1 is a private corporate bond issued by Sichuan Tietou Urban and Rural Investment and Construction Group Co., Ltd. on 20 19 (Phase I). It is an ordinary corporate bond with the bond code of SH16231kloc-0/.
A bond is a kind of bill issued by a government or company, which can be converted into cash at maturity with interest. Bonds issued by the government are called public bonds. When an investor buys a bond, it is equivalent to lending money to the issuer. At the same time, the issuer promises to repay the principal and interest on schedule on the maturity date of the bond. Before the maturity of bonds, investors usually charge interest regularly, so bonds are also regarded as fixed-income investment products.