During the war, the amount of military expenditure was huge, and in the absence of other financing methods, funds were raised by issuing war bonds. Issuing war bonds is a common way for governments in wartime, and it is also the earliest origin of national debt.

2. Balance fiscal revenue and expenditure

Issuing additional currency is the most convenient way, but it is also the least desirable, because using additional currency to make up the fiscal deficit will lead to serious inflation and the most serious impact on the economy. It is still a feasible measure to make up the fiscal deficit by issuing government bonds when it is difficult to increase taxes and issue additional currency. By issuing bonds, the government can absorb idle funds from units and individuals and help the country tide over financial difficulties.

3. Raise construction funds

The country needs a lot of medium and long-term funds to build infrastructure and public facilities. By issuing medium-and long-term treasury bonds, some short-term funds can be converted into medium-and long-term funds, which can be used to build large-scale national projects and promote economic development.

4. Issuance of borrowing and exchanging treasury bonds

Lending and borrowing swap bonds are issued to repay bonds due. At the peak of debt repayment, in order to solve the problem of the source of debt repayment funds, the state issued loan swap bonds to repay the old debts due. "This can reduce and disperse the country's debt service burden.

Extended data:

Matters needing attention in purchasing national debt:

1, buy as soon as possible. The issuance period of national debt is as long as 10 days, and every time the national debt is sold, it will be sought after, especially in the outlets of state-owned banks, so don't put it off for a few days, and it is best to buy it one or two days ago. March this year 10 is Saturday. In addition to aunts and uncles, some office workers also have time to go to outlets to buy, so it is expected to be more popular.

You can only buy it at the bank counter, but you can't buy it online. There are two kinds of treasury bonds that ordinary people usually buy. One is voucher treasury bonds, which can only be bought at bank counters, and the other is electronic treasury bonds, which can be bought at bank counters or online banks. This issue is a voucher-type national debt, which can only be purchased at the bank counter. Everyone should take their ID cards to the bank outlets.

3. go to a small and medium-sized bank to buy it. Many people think that national debt can only be bought in state-owned banks, especially some elderly people. In fact, everyone is mistaken. Many small and medium-sized banks can also buy them, including joint-stock banks and city commercial banks. Each bank has a different quota. Small banks are better to buy because they don't care. There is no need to go to the big state-owned banks to snap up.

Baidu encyclopedia-national debt