2. Open an account at a bank outlet: Electronic government bonds can only be purchased by opening a government bond custody account, and you can choose to open an account directly at the bank. The way to open an account in a bank is to bring your ID card and bank card and apply for a government bond custody account directly at the bank counter.
Voucher treasury bonds can only be purchased at the bank counter, and there is no need to open a treasury bond custody account. Investors can buy with their personal ID cards and go directly to the bank outlets to fill in the forms and pay the money.
3. Opening an account in a securities company: Book-entry treasury bonds can only be purchased through a securities account or a special treasury bond account, and a margin account is required. Trading is similar to stock trading, which requires receiving deposits in advance. After the national debt is listed, it can be subscribed through the securities trading system. Generally, transactions are conducted at the price of 1 10,000 yuan.
National debt is a bond issued by the government to raise national financial expenditure and regulate the money supply, which is guaranteed by national credit. At present, there are three main types of national debt in China:
Electronic government bonds:
Also known as savings bonds (electronic), it refers to the non-negotiable RMB bonds that are issued by the Ministry of Finance of People's Republic of China (PRC) (China) and sold to individual investors to record creditor's rights electronically. Savings bonds (electronic) cannot be circulated, but it can be redeemed or terminated in advance. You can directly log in to personal online banking to buy.
Certificate-based national debt:
Also known as savings bonds (voucher type), it refers to the savings bonds issued by the state to individual urban and rural residents and various investors through the counter of commercial banks by filling in the "People's Republic of China (PRC) voucher treasury receipt", instead of printing physical vouchers. You need to go to the bank counter to buy voucher-type government bonds.
Book-entry treasury bonds:
Book-entry treasury bonds are issued by the Ministry of Finance, and designated commercial banks conduct transactions with investors through electronic channels such as their business outlets and online banking, and handle custody and settlement.