bond a: a bond-type A fund, where the letter A indicates that the fee type of the fund is front-end fee, that is, the fee is charged at the time of subscription, and the management fee and custody fee are charged in the operation fee, but the sales service fee is not charged.

bond c: a bond-type fund of class c, where the letter c means that the fund does not charge subscription fees, but only accrues management fees, custody fees and sales service fees on a daily basis during the holding period of the fund.

In general, the operating rate of Class A funds is relatively low, but the redemption threshold is relatively high. We encourage people to hold them for a long time, and the investment cycle should be more than 2 years as far as possible. There is no subscription fee for Class C funds, and the redemption threshold is usually relatively low. This is mainly to allow investors to invest flexibly and facilitate short-term and medium-term operations.

Although there are various types of bonds, they all contain some basic elements in their contents. These elements refer to the basic contents that must be stated in the issued bonds, which are the main agreements to clarify the rights and obligations of creditors and debtors, including:

1. The face value of bonds

The face value of bonds refers to the face value of bonds, which is the amount of principal that issuers should repay to bondholders after the maturity of bonds, and is also the calculation basis for enterprises to pay interest to bondholders on time. The face value of a bond is not necessarily the same as the actual issue price of the bond. If the issue price is greater than the face value, it is called premium issue; if it is less than the face value, it is called at discount; and if it is equivalent, it is called parity issue.

2. Repayment period

The repayment period of a bond refers to the period for repaying the principal of the bond specified in the corporate bond, that is, the time interval between the bond issuance date and the maturity date. Companies should determine the repayment period of corporate bonds in combination with their own capital turnover and various factors affecting the external capital market.

3. Interest payment period

The interest payment period of a bond refers to the time when the interest is paid after the enterprise issues the bond. It can be paid once due, or once a year, half a year or three months. Considering the time value of money and inflation, the interest payment period has a great influence on the actual income of bond investors. The interest of a bond that pays interest once at maturity is usually calculated at simple interest; For bonds that pay interest in installments during the year, the interest is calculated according to compound interest.

4. coupon rate

The coupon rate of bonds refers to the ratio of bond interest to the face value of bonds, which is the calculation standard of the remuneration that the issuer promises to pay to bondholders in a certain period. The determination of bond coupon rate is mainly influenced by the bank interest rate, the issuer's credit status, the repayment period and interest calculation method, and the supply and demand of funds in the capital market at that time.

5. Issuer's name

The issuer's name indicates the debt subject of the bond, which provides a basis for creditors to recover the principal and interest at maturity.

The above elements are the basic elements of the face value of bonds, but not all of them are printed on the face value when they are issued. For example, in many cases, bond issuers announce the term and interest rate of bonds to the public in the form of announcements or regulations.