Conditions for issuing corporate bonds
1, well organized and running well; 2. The average distributable profit in the last three years is enough to pay the interest of corporate bonds for one year; 3. Other conditions stipulated by the State Council. 4. 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; 5. The accumulated balance of bonds shall not exceed 40% of the company's net assets; 6. The investment of raised funds conforms to the national industrial policy; 7. The bond interest rate shall not exceed the interest rate level stipulated by the State Council. The characteristics of corporate bonds can be summarized as: 1, and corporate bonds are a kind of securities; 2. Corporate bonds are based on credit; 3. The essential legal relationship of corporate bonds is creditor-debtor relationship; 4. Corporate bonds need to repay the principal and interest and have a certain repayment period.