What Is Bond Energy?
Construction bonds refer to bonds used to raise funds for construction projects. It does not fall into the category of government bonds.
Construction bond
- The government has many functions. It often has to undertake investment in some large-scale basic projects and public facilities in the social economy, such as the construction of railways and highways. These projects are very expensive. Therefore, the government often raises special funds through borrowing debt Construction.
- In China, the main issuers of capital construction bonds are the National Energy Investment Corporation, the National Raw Material Investment Corporation, and the Ministry of Railways.