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Business Enterprise
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Enterprises Bond
Enterprise Bond

Enterprise bonds refer to bonds that are issued by a non-financial company, with a maturity of more than 1 year. The issuers of Enterprise bonds are mainly state owned companies. The bonds are regulated and approved by the National Development and Reform Commission (NDRC).
One of the most important sections of enterprises bond is Urban Construction Bond (城投债), which generally refers to the bonds that are issued by local government financing platforms. These platforms are usually created by local government through the injection of land or other capital, with a primary task of undertaking public welfare or quasi-public welfare projects. Urban Construction Bonds have different varieties, including commercial papers, mid-term notes, enterprises bonds and private placement notes.


Enterprise Bonds Rating Reports

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