"A limited liability company can be the subject of issuing corporate bonds." Is this correct?

That's right.

According to the relevant provisions of the Company Law, both limited liability companies established by state-owned investors and general limited liability companies can issue corporate bonds.

Corporate bonds refer to securities issued by the company in accordance with legal procedures and agreed to repay the principal and interest within a certain period of time. Issuing corporate bonds is an important means for companies to raise funds. The main characteristics of corporate bonds are: repayment, which is a credit tool, and the issuer promises to repay the principal and interest on the scheduled date; Liquidity, corporate bonds can be transferred; Relatively safe, corporate bonds are not directly related to the company's performance, and the risk is smaller than that of stocks; The income is relatively stable, because there is a fixed interest rate, and you can earn the difference in circulation by getting interest regularly.

The main body of issuing corporate bonds, that is, companies qualified to issue corporate bonds, are: joint stock limited companies; Wholly state-owned companies; A limited liability company invested and established by two or more state-owned enterprises; A limited liability company established by two or more state-owned investors. Among the four subjects that can issue corporate bonds, it is a common rule that a joint stock limited company can issue corporate bonds, while a limited liability company, as the issuing subject, requires a large scale and reliable reputation to support its normal development.