Corporate bonds must be securities otherwise, according to accounts 1 and 3, Article 4 of the 2019 Securities Law, it is stipulated:

"1. Evidence is assets, including the following types:

a) Stocks, bonds, certificates;

b) Warrants, guaranteed certificates, share purchase certificates, depository certificates;

c) Proving good birth;

d) Other types of securities prescribed by the Government.

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3. Bonds are a type of security that confirms the owner's rights and legal rights to a portion of the debt of the issuing organization."

In addition, according to Clause 1, Article 3, Circular 16/2021/TT-NHNN also stipulates:

“Explain the words

In this information, the following words have the following meanings:

1. Corporate bonds are securities with a term of 01 year or more issued by the issuing enterprise, confirming the legal rights and interests of the owner for a portion of the debt of the issuing enterprise.

2. Convertible bonds are bonds issued by joint stock companies that can be converted into common shares of the issuing enterprise according to the terms and conditions determined in the bond issuance method.

…”

Accordingly, corporate bonds are a type of security and this type of security has a minimum term of 01 year, issued by an enterprise, confirming the legal rights and interests of the owner over a portion of the enterprise's debt. detection profession.