The first annual interest rate is 3.35% and the second annual interest rate is 3.52%. The savings bonds (voucher type) issued this time is divided into two phases, with the maximum issue amount of 30 billion yuan, of which the first phase of national debt is 654.38+0.5 billion yuan, with a term of 3 years and an annual interest rate of 3.35%; The second phase of the national debt is 654.38+0.5 billion yuan, with a term of 5 years and an annual coupon rate of 3.52%.

Extended data:

Treasury bond futures refers to the derivative trading method of treasury bonds that determines the buying and selling prices in advance through organized trading places and delivers currencies and bonds at a specific time in the future. Treasury bond futures is a kind of financial futures and an advanced financial derivative. It came into being against the background of the instability of American financial market in 1970s, in order to meet the needs of investors to avoid interest rate risk. Treasury bond futures are one of the most active financial futures in the world. On September 6, 20 13, treasury bonds futures were officially listed and traded on China Financial Futures Exchange.

Treasury bond futures is a kind of financial futures and an advanced financial derivative. It came into being against the background of the instability of American financial market in 1970s, in order to meet the needs of investors to avoid interest rate risk. The two "oil crises" in the United States at that time led to the increasingly serious inflation and frequent interest rate fluctuations in the United States.

The strong demand for risk management and bond hedging by the holders of fixed-rate treasury bonds makes treasury bonds futures with hedging function emerge as the times require.

Futures trading is a complex trading method, which has the following main characteristics different from spot trading:

Treasury bond futures trading does not involve the transfer of bond ownership, but only involves the risk of price changes related to this ownership.

Treasury bond futures trading must be conducted at designated trading places. The futures trading market aims at opening and liberalization, and OTC and private hedging are prohibited.

All treasury bond futures contracts are standardized contracts. Treasury bond futures trading is a leveraged transaction, and a margin system is implemented.

Treasury bond futures trading is subject to a debt-free day settlement system.

Generally speaking, physical delivery is not common in treasury bond futures trading.

The trading strategies of treasury bonds futures are different according to different purposes, which are mainly divided into three trading methods: speculation, arbitrage and hedging, and each trading method has different trading strategies.