What are the conditions for securities companies to issue bonds?

Legal analysis: 1. The public issuance of bonds by securities companies shall meet the following requirements: (1) The issuer's audited net assets at the end of the latest period shall not be less than 654.38 billion yuan; (2) All risk monitoring indicators meet the relevant provisions of the China Securities Regulatory Commission; (3) There are no major violations of laws and regulations in the last two years; (4) Having a sound operating mechanism for the shareholders' meeting and the board of directors, an effective internal management system, and an appropriate technical support system for business isolation and internal control; (5) The assets are not occupied by natural persons, legal persons or other organizations with actual control rights and their affiliates; (6) Other conditions stipulated by the China Securities Regulatory Commission.

Legal basis: Article 18 of the Measures for the Administration of Issuance and Trading of Corporate Bonds (OrderNo. 1 13 of China Securities Regulatory Commission) can be publicly issued to public investors or only to qualified investors at their own choice: (1) the fact that the issuer has not defaulted on its debts or delayed repayment of principal and interest in the last three years; (2) The average annual distributable profit realized by the issuer in the last three fiscal years shall not be less than 65,438+0.5 times of the one-year interest of the bonds; (3) The credit rating of the bond has reached AAA; (four) other conditions stipulated by the China Securities Regulatory Commission according to the needs of investor protection. Public issuance of corporate bonds that do not meet the standards prescribed in the preceding paragraph shall be open to qualified investors; China Securities Regulatory Commission will simplify the approval procedures for public offering of shares only to qualified investors.