Trading time and principle: the same quotation unit as A shares: one (face value 100 yuan) is the quotation unit, namely "face value price per hundred yuan", and the price refers to the price of each 100 yuan government bond entrusted by the trading unit: one (face value 1 yuan). Minimum price change gear: the minimum change unit of bond declared price is 0.0 1 yuan RMB fluctuation limit: no fluctuation limit. Declaration and matching method: after the net price transaction of government bonds is officially implemented, the net price declaration and net price matching are carried out, and the sum of the transaction price and accrued interest is taken as the settlement price. Quotation: The quotation system displays the full price, net price and accrued interest of the national debt at the same time. Upper limit of declaration: the maximum quantity of a single declaration should be less than 654.38+00,000 lots (including 654.38+00,000 lots). Trading method: T+0, and revolving trading is allowed for spot trading of treasury bonds. That is, the bonds bought on the same day can be sold on the same day, and the bonds sold on the same day can be bought on the same day. Bidding method: same as A shares. Bidding on the first day of listing stipulates that the effective range of the declared price of call auction listed bonds on the first day of listing is around the previous closing price (issue price) 150 yuan (i.e. 15 price fluctuation units), and the effective range of the declared price after continuous bidding is around the final transaction price 15 yuan (i.e. 150 price fluctuation units). Limit of declared price: after the first day of listing, the effective range of each declared price is the latest transaction price up and down 5 yuan (i.e. 500 price fluctuation units). Securities code: Shenzhen Stock Exchange: the spot securities code of national debt is "10 19+ years (1 digit)+the number of national debt issued and listed in the current year (1 digit)", and the securities are abbreviated as "national debt+the last three digits of the corresponding securities code"; However, since the 200 1No. 15 national debt, the spot security code of Shenzhen national debt is 10 * * *, with the middle two digits as the issue year and the last two digits as its serial number.
Precautions:
1. Book-entry treasury bonds are traded in the same way as stocks, and the increase or decrease of creditor's rights after trading is recorded in its "securities account" or "capital account" accordingly; Before selling bearer bonds, investors must hold bearer bonds to the designated securities company for custody procedures, and then trade in the designated securities company. After the bonds are bought anonymously, investors can go to the designated securities company to go through the formalities of withdrawing the physical bonds when necessary.
2. The spot valuation unit of the national debt is the denomination of each hundred yuan.
3. The spot transaction of treasury bonds is based on the "T+ 1" fund delivery, and the investor and the designated securities company shall go through the delivery procedures on the second business day after the transaction.