What is the difference between small public corporate bonds and large public corporate bonds?

Legal analysis: 1. Different issuance conditions;

2. Management of different distribution rights;

3. Different transaction methods;

Legal basis: Article 14 of the Measures for the Administration of Issuance and Trading of Corporate Bonds. The public offering of corporate bonds shall meet the following conditions:

(1) Having a sound organizational structure;

(2) The average distributable profit in the last three years is enough to pay the interest of corporate bonds for one year;

(3) The asset-liability structure is reasonable and the cash flow is normal;

(4) Other conditions stipulated by the State Council.

The public offering of corporate bonds shall be accepted and examined by the stock exchange and reported to the China Securities Regulatory Commission for registration.