1. Bank counter: Buy savings treasury bonds:

The over-the-counter bond market currently only provides one bond type, certificate treasury bonds, and this type is not liquid and is only available to individuals. The sale by investors gives more play to the savings function, and investors can only hold it until maturity to obtain coupon income; however, some banks will provide investors with the pledge of certificate-type treasury bonds, providing a certain degree of liquidity.

To purchase certificated treasury bonds, investors only need to hold their valid identity documents and open an account at the bank counter. There are no account opening fees and maintenance fees for opening a personal treasury bond custody account that is only used for saving treasury bonds, and the income from treasury bonds is exempt from interest tax.

However, when opening a personal treasury bond custody account, you should also open (or designate) a settlement account (debit card account or current passbook) in the same undertaking bank as the capital account of the treasury bond account, use The principal and interest are paid by settlement. Although it cannot be listed and traded, it can be redeemed in advance according to regulations.

2. Exchanges: Buy corporate bonds, convertible bonds, etc.:

Currently, book-entry treasury bonds, corporate bonds, corporate bonds and convertible bonds are currently circulating in the exchange bond market. Bonds, in this market, as long as individual investors open a bond account in the business department of a securities company, they can buy bonds just like buying stocks, and they can also realize price difference transactions on bonds. As long as you open an exchange stock account, you can participate in the purchase.

The transaction costs of buying and selling bonds on an exchange are very low compared to buying stocks. First, stamp duty is exempted. Second, in order to promote the development of the bond market, transaction commissions have been significantly reduced. According to rough estimates, the transaction cost of buying and selling bonds is less than 5/10,000, which is about 1/10 of the cost of stock transactions.

3. Entrusted purchase:

Except for treasury bonds and financial bonds, almost all bond varieties are circulated in the inter-bank bond market, including subordinated bonds, corporate short-term financing bonds, commercial bonds, etc. Bank ordinary financial bonds and foreign currency bonds, etc. These varieties generally have higher returns, but individual investors are not yet able to invest directly. Bond funds can invest in treasury bonds, financial bonds, corporate bonds and convertible bonds, while banks' fixed-income products can invest in a wider range of products, including treasury bonds issued in the national interbank market, policy bank financial bonds, central bank bills, short-term Financing bonds and other bonds.