1. Electronic government bonds: At present, banks that can purchase electronic government bonds through online banking include ICBC, Agricultural Bank, Bank of China, China Construction Bank, Bank of Communications, China Merchants Bank, Bank of Beijing, Bank of Shanghai and Guangdong Development Bank.
2. Book-entry treasury bonds: At present, banks can basically buy book-entry treasury bonds as long as they can buy funds through online banking.
Extended data:
Issue purpose:
1, increase military spending
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
Generally speaking, fiscal revenue and expenditure can be balanced by increasing taxes, issuing additional currency or issuing government bonds. Compared with the above three methods, it is a good way to increase taxes from the people, but the tax increase has certain limits. If the tax is too heavy and exceeds the affordability of enterprises and individuals, it will not be conducive to the development of production and will also affect future taxes.
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.
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