1, national debt
Security level: highest
Liquidity: Generally speaking, you can pay a certain handling fee in accordance with the regulations and redeem it in advance at the agency.
Participation threshold: low
Expected rate of return: 2%-5%
Term: one year in the short term, 3-5 years in the medium term and 10 years or more in the long term.
2. Credit bonds
Usually, short-term financing bonds issued by enterprises and institutions with credit rating above AA are selected by professional evaluation institutions.
Such enterprises are usually large state-owned enterprises and listed companies, with stable operation and strong comprehensive strength.
Security level: high
Liquidity: relatively low
Participation threshold: higher
Expected yield: 4%-8%, higher than the national debt.
Duration: relatively short, generally within 1 year.
3. Convertible bonds
This kind of bond is a special kind of bond, which has both the attributes of bond and stock. Bonds with warrants are unsecured credit financing bonds issued by listed companies.
Security level: high
Liquidity: relatively good. After listing, it can circulate normally in the secondary market, and it is the most liquid variety of all bonds.
Entry threshold: from 1000 yuan.
Expected rate of return: the coupon is relatively low. If the company's share price rises, the expected rate of return on the bond warrants will be high.
Duration: generally not more than 5 years
The above three kinds of bonds are all bonds invested by pure bond funds. The expected return is relatively low, but the victory lies in stability. Tips: Financial management is risky, and investment needs to be cautious.