Differences: 1. Different objects. The bond buyer or investor and the issuer are a creditor-debt relationship. The bond issuer is the debtor, and the investor (bond buyer) is the creditor.

Lending is when the lender transfers currency ownership to the borrower, and the borrower returns the same amount of currency with interest.

2. Different issuers: The issuers of bonds are debtors such as governments, enterprises, and banks; while the issuers of loans can be private individuals or institutions, with no restrictions.

3. Different issuance methods Bonds are securities issued by governments, enterprises, banks and other debtors to raise funds in accordance with legal procedures and promise to creditors to repay principal and interest on a specified date.

Borrowing means that the bond lender uses a certain number of bonds as pledges to borrow the underlying bonds from the bond lender, and agrees to return the borrowed underlying bonds at a certain date in the future, and the bond lender will return the corresponding pledges.

Behavior.

Extended information The main subjects of bond issuance in my country are corporate enterprises and state-owned enterprises.

The conditions for enterprises to issue bonds are: 1. The net assets of a joint-stock company shall not be less than RMB 30 million, and the net assets of a limited liability company shall not be less than RMB 60 million.

2. The total amount of accumulated bonds does not exceed 40% of the net assets. 3. The company’s three-year average distributable profits are sufficient to pay one-year interest on corporate bonds.

4. The investment of funds raised is in line with the national industrial policy.

5. The bond interest rate shall not exceed the interest rate level specified by the State Council.

6. Other conditions.