Playing new bonds is to subscribe for newly issued bond fund products.
When the general bond fund products were first issued, the issue price was relatively low. At this time, investors who subscribe for newly issued bonds are called new bonds, and investors who can buy bonds will be selected by lottery, which is called lottery.
Investors who win the lottery buy bonds at the issue price of bonds, and the cost is very small, and then they can get higher returns by selling bonds. However, after the new debt is listed, it will generally not fall below the face value, and there is almost no loss. Therefore, there are generally many investors who make new debts.
Extended data:
In terms of subscription threshold, the starting investment threshold of wealth management products of banks and securities companies is relatively high, generally at least 50,000, and the additional investment can be at least an integer multiple of 1 1,000, which limits investors with less funds. In contrast, the starting point of the fund is low, only 1000 yuan.
In terms of redemption, most of the bank's wealth management products have a time limit, not only the redemption fee within the time limit is not low, but also the related management fees are high. The fund cost is low. For example, Taixin also introduced "four exemptions": subscription fees, subscription fees, interest taxes and redemption fees are exempted if the subscription period exceeds 30 days.
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