Bond placement means that the issuing company or intermediary selects or approves certain persons to subscribe for securities or sells securities to them.
Many securities products have a placement process.
That is to say, you have the right to preemptively subscribe, and you will be given the right to newly issued securities in a certain proportion based on the number of existing securities products you have.
The more common ones are the placement of stocks and the placement of funds.
Allotment refers to the new share allotment code data sent by the registration company to the securities dealer. Investors enter this allotment code to subscribe for new shares. If the new share subscription is not successful, the registration company will send "** give up" data to the securities dealer, indicating that the new share subscription is not successful.
Placing is a form of issuance when new shares are issued.
When new shares are issued, listed companies allocate a certain proportion of the total issued shares to some institutional investors offline.
According to regulations, the placement part cannot be listed and traded together with the online issuance part, and it will be about a year later.
The placement shares are not available to individual investors during the issuance period.
The characteristics of expanded information bonds are as follows: 1. Repayment bonds have a specified repayment period, and the debtor must pay interest and repay the principal to the creditor on time.
2. Liquid bond holders can flexibly transfer bonds according to needs and actual market conditions to recover principal in advance and realize investment returns.
3. The interests of safety bond holders are relatively stable and do not change with changes in the issuer's operating income, and the principal can be recovered on schedule.
4. Income bonds can bring a certain amount of income to investors, which is the return on bond investment.
In actual economic activities, bond income can take the following three forms: 1. Investment in bonds can bring interest income to investors regularly or irregularly.
2. Investors can take advantage of changes in bond prices and earn the difference by buying and selling bonds.
3. Interest income from reinvesting the cash flow obtained from investing in bonds.
The interoperability and rapid development of the bond market will put pressure on commercial banks, prompting them to improve their ability to assess risks and price, conduct more accurate analysis of corporate credit, improve their service capabilities for different companies, and have
Help enhance its international competitiveness.
Expanding bond issuance requires the further development of my country's rating agencies. The enrichment of bond products requires rating agencies to fulfill their responsibilities and provide investors with truly differentiated and informative research reports and rating ratings.