National debt is issued by the state, not by local governments, so it is very safe to have national credit as an endorsement, second only to cash wealth management products in the absence of major political turmoil. And because its income is fixed, and the interest is exempt from personal tax, and the interest rate is higher than the bank savings rate in the same period, it is very popular because of its stability.

However, if you want to withdraw in advance, you need a handling fee of one thousandth, so there will be no bank deposit, so it is recommended that friends who invest in government bonds hold it for a long time.

Many people will compare the security of national debt with the security of bank deposits.

Now banks can also go bankrupt, that is to say, in the case of bank bankruptcy, deposits below 500 thousand will be paid by insurance companies, but deposits above 500 thousand can only be regarded as bad luck after bank bankruptcy.

As a centralized country like China, I personally think that if the country goes bankrupt, the banks will be no better.

In fact, the risk of both is very low, but which is safer. Personally, as a financial management within 500,000 yuan, banks are relatively safe. As a financial management of more than 500,000 yuan, national debt is still relatively safe.

After all, in China, national debt and banks are in the same strain, and their lips are dead and their teeth are cold. If the bankruptcy probability is calculated, I think the bankruptcy probability of local commercial banks is definitely greater than that of the whole country.