Usually, corporate bonds are held by a large number of creditors. To protect the interests of corporate bond holders, a bond trustee is entrusted to represent the creditors to monitor and supervise the bond issuance company to implement its promises upon issuance.
The Trust Department of Bank of Taiwan is approved by the governing authority to act as a corporate bond trustee. The Department has accumulated many years of experiences in the field.
Services:
As the corporate bond trustee, the Bank can also provide bond licensing services for the company.
Bond holders can get the payment of principal and interest in the designated branches of the Bank.