The full name of government bond reverse repurchase is "bond pledge reverse repurchase", which is essentially a kind of bond. To simply understand, it is a way for borrowers to lend funds through the reverse repo market and obtain principal and interest upon maturity.
How long does it take for the Treasury bond reverse repurchase redemption to arrive?
The funds arrive at T+0. After arrival, they can be used to buy stocks, funds, etc., but withdrawals require T +1 day. In addition, the money will not come back until the market opens, which is the trading day. If the market does not open, the date of arrival will be postponed. For example, if you buy a 1-day reverse repo on Friday, the money will not be received until Monday. Return to your account. Therefore, when purchasing government bond reverse repos, be sure to pay attention to the "principal and interest are available and available" date and the "principal and interest available" date on the transaction page.
Other notes:
1. Purchase government bond reverse repurchase for at least 1,000 yuan, and multiples of 1,000 yuan. However, since there is a handling fee for purchasing government bond reverse repurchases, which is charged at the time of purchase, investors should not only keep an integer amount in their securities account, but it is recommended to leave more fractions.
2 The trading hours of treasury bond reverse repurchase are 9:30-11:30 and 13:00-15:30 from Monday to Friday every week, including statutory holidays, Saturdays, and Sundays. Except days.
3 When a government bond reverse repurchase transaction is completed, the corresponding annualized rate of return is whatever it is, and it has nothing to do with the later rise or fall of the government bond. Income calculation method: principal * annualized interest rate * product term / 365-brokerage commission.
4 The number of interest accrual days for reverse repurchase of government bonds is the number of days the funds are actually held, which refers to the period between the trading day (inclusive) following the transaction date and the trading day (inclusive) following the maturity date. actual natural number of days.