Brief introduction of corporate bond trust

Corporate bond trust, also known as mortgage company bond trust, refers to the trust business in which the trust company accepts the entrustment of the borrowing company to exercise mortgage or other rights instead of the bondholders. Its basic practice is: taking the trust company as the trustee, taking all the company's creditors as the beneficiaries, aiming at protecting the security rights of all the company's creditors, taking the security right of the collateral provided by the borrowing company as the trust property, the borrowing company and the trust company conclude a trust deed, and the trust company obtains the security right on the collateral, which is preserved and enforced for the beneficiaries.