Step 1: Investors open an account in a securities company, entrust the securities company to buy and sell bonds, and sign an account opening contract.
Step 2: The securities company, through its representative or agent in the stock exchange, conducts bond trading business according to the entrustment conditions.
If your assets are above 3 million, you can buy corporate bonds or convertible bonds directly, and the income is higher. However, if they are just ordinary investors, they can only invest in book-entry treasury bonds and policy bank bonds. Reverse repurchase of government bonds and some funds or wealth management products that have participated in bond investment. These benefits are low.
Step 3: Bond transactions are all T+0 transactions. After the bond transaction, the brokerage firm needs to fill in the transaction report on the day of the transaction, and notify the investors to deliver the delivered money or bonds to the entrusted brokerage firm on time.
Step 4: The broker checks the transaction records and goes through the settlement and delivery procedures.