There is a handling fee for the redemption of China Merchants Xinfu's short-term bonds. C. Bonds are securities issued by issuers to raise funds, paying a certain percentage of interest at the agreed time and repaying the principal at maturity. Its essence is the proof of debt, which has legal effect. [1] Issuers are usually governments, enterprises, banks, etc. Because government bonds are guaranteed by government taxes, the risks are minimal, but the benefits are minimal. Corporate bonds are the most risky and the returns are correspondingly high. There is a creditor-debtor relationship between bond buyers or investors and issuers. Bond issuers are debtors and investors (bond buyers) are creditors.