1, credit bonds
Credit bonds refer to bonds that are issued without collateral and rely entirely on the good reputation of the company. Usually only enterprises with strong economic strength and high reputation can issue such bonds.
2. Mortgage bonds
Mortgage bond refers to that the bond issuer takes part of the bond issuer's property as collateral when issuing bonds through appropriate legal procedures, and once the bond issuer has debt repayment difficulties, it sells this part of the property to pay off the debts.
3. Guaranteed bonds
Guaranteed bonds refer to bonds issued by a guarantor as a guarantee. When the enterprise does not have enough funds to repay the bonds, the creditor may ask the guarantor to repay them.
Legal basis: Article 394 of the Civil Law of People's Republic of China (PRC) guarantees the performance of debts. If the debtor or a third party mortgages the property to the creditor without transferring the possession of the property, the debtor fails to perform the due debt or the creditor has the right to receive priority compensation for the property. The debtor or the third party specified in the preceding paragraph is the mortgagor, the creditor is the mortgagee, and the property that provides guarantee is the mortgaged property.