2. Different trading hours: In the stock market, two traders trade with each other, just like stocks, while at the counter of the pilot bank, investors trade with banks, and banks play the role of market makers, so you can buy and sell government bonds at any time within the specified trading hours.
3. Different ways of buying and selling: banks encourage investors to hold them for a long time, so the buying price quoted by banks every day is higher than the selling price of customers, that is, the price that users buy from banks on that day is higher than the price that they sell to banks. To buy and sell government bonds through the Shanghai and Shenzhen Stock Exchanges, users need to open an account, and they can open a Shanghai and Shenzhen shareholder account to buy and sell stocks, funds, corporate bonds and government bonds listed and traded in the two cities.
Extended data:
Matters needing attention in national debt:
1. To open an account in electronic savings bonds, you must use real-name registration system to register, and no one else can help you. One name can only open one national debt account.
2. Newly issued book-entry treasury bonds are issued through the national inter-bank bond market and the stock exchange market, all of which are subject to competitive bidding and also traded through the exchange system, and can be registered for the record.
3. When investors invest, they need to set up an account in the stock exchange. Because the issuance and transaction of book-entry treasury bonds are paperless, it has high efficiency and low cost.
4. The user shall open (or designate) a RMB settlement account (debit card account or current passbook) in the same undertaking bank as the fund account of the national debt account for settlement and payment of principal and interest.
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