What is the longest term of corporate bonds?

Legal analysis: the longest corporate bond term exceeds 10 years. Once the bond expires, the joint-stock company must repay the principal and redeem the bond. Corporate bonds have to be repaid, so there is a question of how long it will take to repay the principal. The period from the date of issuance of corporate bonds to the date of repayment is called the term of corporate bonds. At present, corporate bonds with a maturity of less than one year are generally called short-term corporate bonds, and those with a maturity of more than one year and less than five years are called medium-term corporate bonds; Long-term corporate bonds with a maturity of more than 5 years are called long-term corporate bonds.

Legal basis: Article 16 of the Securities Law of People's Republic of China (PRC) shall meet the following conditions for public issuance of corporate bonds:

(a) the net assets of a joint stock limited company are not less than 30 million yuan, and the net assets of a limited liability company are not less than 60 million yuan;

(2) The accumulated bond balance does not exceed 40% of the company's net assets;

(3) The average distributable profit in the last three years is enough to pay the interest of corporate bonds for one year;

(4) The investment of the raised funds conforms to the national industrial policy;

(5) The bond interest rate shall not exceed the interest rate level stipulated by the State Council;

(six) other conditions stipulated by the State Council.