2. In the financial management interface, click on the fund above to enter.
3. In the fund interface, click the fund list in the upper left corner.
4. In the fund ranking interface, we click the mixed arrow in the upper left corner.
National debt (national debt; Government loan, also known as national bond, is a creditor-debtor relationship formed by the state on the basis of its credit and in accordance with the general principles of debt.
National debt is a bond issued by the state, a government bond issued by the central government to raise financial funds, and a debt certificate issued by the central government to investors, which promises to repay the principal and interest within a certain period of time. Because the issuer of national debt is the country, it has the highest credit and is recognized as the safest investment tool.
China's national debt refers to the national debt issued by the Ministry of Finance on behalf of the central government. Guaranteed by the national financial reputation, the credibility is very high. It has always been called "Phnom Penh bond", and cautious investors like to invest in government bonds. There are three kinds of bonds: voucher bonds, bearer bonds and book-entry bonds.
National debt is a special form of debt, which has the following characteristics compared with the general creditor-debtor relationship:
From the perspective of the subject of legal relationship
The creditors of national debt can be citizens, legal persons or other organizations at home and abroad, or the government and international financial organizations of a certain country or region, while the debtors can only be countries.
Judging from the nature of legal relationship
The occurrence, change and elimination of the legal relationship of national debt mostly reflect the unilateral will of the state. Although the legal relationship of national debt is equal to other financial legal relationships, it shows a certain subordinate relationship compared with the general creditor-debtor relationship, which is more obvious in the legal relationship of domestic debt.
From the realization of legal relationship
National debt is the creditor-debtor relationship with the highest credit rating and the best security.
From the debtor's point of view
National debt is voluntary, paid and flexible.
From the creditor's point of view
National debt has the characteristics of security, profitability and liquidity.
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.