The general special anti-epidemic treasury bonds are divided into three batches. On June 8th18th, the tender for five-year (issuance quota of 50 billion yuan, annual interest) and seven-year (issuance quota of 50 billion yuan, annual interest) treasury bonds was held, and on June 23rd10th (issuance quota of 70 billion yuan, annual interest) treasury bonds were invited.
After the bank's bidding is completed, the bank will take the national debt to its own counter and mobile banking to sell, and we can buy it soon.
1 special anti-epidemic national debt
Is the value of special anti-epidemic national debt worth investing? You Youjun will analyze it from three dimensions: security, liquidity and profitability.
Security:
National debt has always been regarded as a risk-free asset (of course, a country with a sovereign debt crisis like Greece is not). Our country's national debt is very safe, so we don't have to worry about default.
Liquidity:
There are three kinds of special anti-epidemic bonds: 5-year, 7-year and 10-year. The principal can only be recovered at maturity and cannot be redeemed in advance.
Although the money can't be withdrawn in advance, the special anti-epidemic treasury bonds are book-entry treasury bonds.
The characteristic of book-entry treasury bonds is that they can be listed and circulated. Although you can't take out the money in advance, you can sell it to others.
5-year and 7-year government bonds can be listed and circulated as soon as 23rd of this month, and 10-year government bonds can be listed and circulated as soon as 30th of this month because of the late bidding time.
In addition to circulating in securities accounts like stocks, they can also be sold by opening a treasury bond custody account in a bank.
However, it should be noted that the price of bonds will rise and fall during the resale process. If the bond market happens to be very depressed when we sell government bonds, we may lose money.
Therefore, it is easier to realize book-entry treasury bonds, but there may be losses when they are sold.
Profitability:
For the two special anti-epidemic treasury bonds that have been successfully tendered today, the winning interest rates of five-year and seven-year special anti-epidemic treasury bonds are 2.4 1% and 2.7 1% respectively, and the interest rate of 10 will not be known until the tender is successful, but referring to the data of other book-entry treasury bonds, You Youjun thinks it is also around 3%.
Although the interest rate is not high, it is reasonable because of its high security and good liquidity. After considering these three factors comprehensively, if you think it is appropriate, you can go to the bank counter, mobile banking or online banking to buy.
2 other ways to play the special anti-epidemic national debt
If ordinary people find the income of special anti-epidemic treasury bonds unattractive and don't want to buy them directly, they can actually wait and see the price after listing.
When talking to you about the liquidity of the special anti-epidemic national debt, You Youjun said that after you buy this national debt, you can sell it to brokers and banks, and the sales may go up and down.
If someone else buys it at a low price, we will have a chance to pick it up.
For example, last year's local debt was sold in seconds at first, and as a result, many people bought it back for a few days and sold it at a loss.
When we sell it, we go directly to the bank counter to buy it. A national debt cost 100 yuan. If someone sells it in 99 yuan in a few days, the actual yield will be higher than the interest rate of national debt after we buy it.
Take the five-year period as an example. If you buy at the original price of 100 yuan, you will get 2.4 1 yuan interest every year, and the yield is 2.4 1%. If you buy in 99 yuan, you will earn 2.4 1 yuan interest every year, but the yield will increase to 2.43%. The harder others fall, the more we earn.
However, the recent bond market is more complicated, and it is hard to say whether it can be found.
During this period, the bond market is not good, and many bond funds and wealth management products that invest in bonds have suffered losses, which is good news for those who want to catch up.
However, on June 18, the central bank launched the reverse repurchase operation of12 billion yuan by way of interest rate bidding, and the interest rate also dropped by 20 basis points. As soon as the news came out, treasury bond futures began to rise.
Will the bond market reverse because of the central bank's "interest rate cut"? This is an uncertain factor.
However, if you think it doesn't matter whether you buy government bonds this time or not, and you think you have a chance to get on the bus again, you can consider buying a "second-hand" one.
When it comes to the uncertainty of the bond market, Youcaijun also wants to give you a suggestion. If you buy special anti-epidemic bonds in the hope of rising after listing, you should think carefully, because the performance of the bond market is really unsatisfactory during this period, and the effect of "interest rate reduction" is uncertain, so be prepared psychologically.
Do we have any other options?
The central bank's "interest rate cut" will further reduce the market interest rate. If you want to lock in the long-term interest rate through high-security products, there are these products in addition to the special anti-epidemic national debt.
simple interest
0 1 savings bonds
It is also a national debt, and its security can be assured. The interest rate of savings bonds will be much higher than that of book-entry bonds, generally above 4%.
However, savings bonds cannot be listed and traded like book-entry bonds, and their liquidity is a bit poor. However, as a product that locks in long-term interest rates, savings bonds are more attractive.
From July to June this year 165438+ 10, there is a monthly distribution plan, which will be distributed on June 10.
However, this product is a hot potato, and we have to grab it.
Voucher savings bonds (which can be understood as paper) can only be purchased at the bank counter. This is the main battlefield of aunts and grandmothers, and the situation is very fierce. In September 10 and June 165438+ 10/0 this year, the bonds were voucher bonds.
E-savings bonds can be bought at bank counters or mobile banking, but it is also difficult to get it. Electronic treasury bonds were issued in July 10, August 10 and June 10 this year.
02 bank deposit
The bank's time deposit, with a principal of 500,000 yuan, is guaranteed to be repaid, so it is also very safe.
The five-year deposit interest rate is generally between 3% and 5%, which is relatively low in large banks and relatively high in private banks.
compound interest
Financial insurance
The wealth management insurance of insurance companies is underestimated by many people, because our domestic insurance supervision system is one of the best in the world, and the wealth management insurance sold by insurance companies is actually very safe.
Such as annuity insurance, increased whole life insurance, etc. If you choose carefully, you can also find some products with interest rates as high as 3.5% or above. Attention is compound interest, not simple interest.
3.5% compound interest is equivalent to 4.95% simple interest after 20 years and 6.02% simple interest after 30 years.
So don't think that the interest rate is very low at first sight, and the simple interest of bank deposits will be very high.
Moreover, these products can generally lock in interest rates for a long time, from 20 to 30 years to life.
Think about how much Yu 'ebao has fallen in the past two years? Recently, because of the epidemic, all countries have released water to cut interest rates; In the long run, the economic growth slows down, and the country may enter the era of negative interest rates in the future ... Do you still think that the compound interest rate of 3.5% is low at this time?
However, after all, there is no perfect product, it is completely stable, the interest rate is good, and the liquidity is definitely not that high.
Due to the restrictions of the rules, the liquidity of these products of insurance companies will generally be poor in the initial stage of investment, but they will be more flexible in the middle and late stages.
Since it is a product that can lock in interest rates for a long time, it is not recommended to quit early.
If you want to do long-term financial management and a good rate of return, you can consider this. For example, children's education fund, their own pension and so on. , you can consider the appropriate allocation of financial insurance.
Write it at the end.
Starting today, we can buy special anti-epidemic bonds. Interested friends can pay attention to the news of mobile banking and official website in ICBC, ABC, CCB, China Merchants Bank and other banks.