What kinds of corporate bonds are there?

The types of corporate bonds are as follows:

1, which can be divided into:

(1) Registered bonds, that is, the name of the holder is registered on the front of the bond, and the principal and interest are collected with the seal. When transferring, it must be endorsed and registered in the bond issuing company.

(2) Bearer bonds, that is, the name of the holder is not required to be stated on the face of the bonds, and the principal and interest repayment and circulation transfer are only subject to the bonds without registration.

2. Basis of profit distribution:

(1) Participating corporate bonds refer to corporate bonds that can not only obtain interest income as agreed in advance, but also participate in the company's profit distribution to a certain extent.

(2) Non-participating corporate bonds refer to corporate bonds whose holders can only get interest at the pre-agreed interest rate.

3. According to whether it can be redeemed in advance, it can be divided into:

(1) Corporate bonds can be redeemed in advance, that is, the issuer buys back all or part of the bonds issued by it before the bonds expire.

② Corporate bonds cannot be redeemed in advance, that is, corporate bonds that can only repay the principal and interest in one lump sum.

4. According to the purpose of issuance:

① Ordinary corporate bonds, that is, corporate bonds characterized by fixed interest rate and fixed term. This is the main form of corporate bonds, which aims to provide a source of funds for the company to expand its production scale.

(2) Reorganization of corporate bonds, bonds issued to pay off corporate debts, also known as old bonds with new ones.

(3) Interest-bearing corporate bonds, also known as adjusted corporate bonds, refer to new bonds with lower interest rates issued by companies facing debt credit crisis with the consent of creditors in exchange for previously issued bonds with higher interest rates.

(4) Deferred corporate bonds refer to corporate bonds that the company can extend the repayment period after obtaining the consent of creditors when the issued bonds cannot be paid at maturity and new debts cannot be issued to repay the old debts.

5. Classification by option:

(1) Corporate bonds with options refer to some corporate bonds issued by issuers, which give the holders certain options, such as convertible corporate bonds (with options to convert into common stocks), corporate bonds with warrants and repayable corporate bonds (with options for the holders to sell the bonds back to the issuer before the maturity of the bonds).

(2) Corporate bonds without options, that is, corporate bonds in which the issuer has not given the above options to the holders.

Tips:

1. The above information is for reference only, and no suggestions are made.

2. Investment is risky, so the choice should be cautious.

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