Bonds are traded on the same day, that is, T+0 trading, so you can buy on the same day and sell on the same day. Corporate bonds, national bonds and convertible bonds are all T+ 1, just like A shares.

T+0 is a securities (or futures) trading system. On the day when securities (or futures) are traded, the trading system that handles the settlement and delivery procedures of securities (or futures) and prices is called T+0 trading. Generally speaking, the securities (or futures) bought that day can be sold that day.

Extended data

trait

1, speculation is enhanced and speculative opportunities are increased, which is very suitable for the operation mode of short-term speculators.

2, because the main force can buy and sell at will, it will lead to the prevalence of knocking, and the main force will use false trading volume to lure retail investors to change their operation direction.

3. With the increase in the number of retail transactions, the transaction cost will increase substantially, which is a big plus for brokers.

4. The increase of retail transaction times and transaction costs will lead to the increase of transaction costs, which will lead to the increase of speculative risks.

5. It's easy for the boat of retail investors to turn around, and it's easy to follow up or flee in time.

6. Without the boosting effect of "T+ 1", the amplitude of both stock index and individual stock price will be intensified.