asiansportgames| The ultra-long-term special treasury bonds issued this year are book-entry treasury bonds

Report from our newspaper (Reporter Han Yu) On May 17, the Ministry of Finance released a Q & A for individual investors on purchasing government bonds (hereinafter referred to as the "Q & A").

What are the main categories of national debt?asiansportgames？The Q & A shows that treasury bonds are divided into two categories: savings treasury bonds and book-entry treasury bonds according to different sales targets. Savings bonds are sold directly to individuals. According to different creditor's rights recording methods, they can be divided into certificate-based savings bonds characterized by paper voucher records and electronic savings bonds characterized by electronic records.

Book-entry treasury bonds are mainly issued to institutional investors through book-entry treasury bonds underwriting syndicates in the primary market, and creditor's rights are recorded electronically at the China Securities Clearing Corporation. After listing, individual investors can also buy from institutional investors in the secondary market.

For individual investors, purchasing savings bonds and book-entry bonds can earn stable principal and interest income if they are held to maturity. The main differences between the two are: savings bonds cannot be traded on the market during their existence, and book-entry bonds can be traded in the market during their existence. The trading price of book-entry treasury bonds fluctuates with market conditions. After investors buy, they may gain trading gains due to price increases, or they may face the risk of loss due to price declines. Therefore, individual investors in book-entry treasury bonds who do not aim at holding maturity and making profits from trading should have certain investment experience and risk-bearing capabilities.

From what channels can the ultra-long-term special treasury bonds issued this year be purchased? The questions and answers show that the ultra-long-term special treasury bonds issued this year are book-entry treasury bonds, with three maturities of 20 years, 30 years, and 50 years. The specific purchase operations are handled in accordance with the book-entry treasury bonds purchase process.

Regarding the question from which channels book-entry treasury bonds can be purchased, the Q & A shows that individual investors can purchase through the National Inter-Bank Bond Market counter business establishment institution, or they can purchase through securities companies that conduct bond brokerage business on stock exchanges.

Individual investors who purchase book-entry treasury bonds can open personal bond accounts and fund accounts in advance through any branch counter, online banking or mobile banking of the national inter-bank bond market counter business establishment institution, and open book-entry treasury bonds trading business; You can also open ordinary A-share securities accounts and fund accounts with securities companies in advance.

The national inter-bank bond market counter business establishment institutions independently select certain bond types for investors to purchase based on market demand. Individual investors can purchase through their branch counters, online banking or mobile banking. Individual investors can purchase book-entry treasury bonds listed and traded on stock exchanges through securities company outlets or securities company App.