Why? Look at the definition:
Corporate bonds refer to securities issued by listed companies in accordance with legal procedures and agreed to repay the principal and interest within a period of more than one year. It is a medium and long-term direct financing product supervised by China Securities Regulatory Commission. The new "Company Law" defines corporate bonds as "securities issued by the company in accordance with legal procedures and agreed to repay the principal and interest within a certain period of time". Corporate bonds are an important means of external financing for enterprises, an important source of financing for enterprises and one of the important financial instruments in the financial market.
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Look at the concept questions.