1. Electronic treasury bonds: At present, during the issuance period of electronic treasury bonds, banks that can already purchase electronic treasury bonds through online banking include: ICBC, Agricultural Bank of China, Bank of China, China Construction Bank, Bank of Communications, China Merchants Bank, Bank of Beijing, Bank of Shanghai and Guangdong Development Bank.
2. Book-entry treasury bonds: Currently, as long as banks can purchase funds through online banking, they can basically handle the purchase of book-entry treasury bonds.
Extended information:
Purpose of issuance:
1. Raising military expenditures
During the war, military expenditures were huge, and there was no other way to raise funds. The method was to raise funds through the issuance of war bonds. Issuing war treasury bonds is a common method used by governments in wartime and is also the earliest origin of national debt.
2. Balancing fiscal revenue and expenditure
Generally speaking, balancing fiscal revenue and expenditure can be achieved by increasing taxes, issuing additional currency, or issuing national bonds. Comparing the above three methods, increasing taxation is a method that is taken from the people for the people. It is certainly a good method, but there is a certain limit to increasing taxation. If the tax is too heavy and exceeds the bearing capacity of enterprises and individuals, it will not be able to bear it. It is beneficial to the development of production and will affect future taxation.
Issuing additional currency is the most convenient method, but this method is the most undesirable, because using additional currency to cover fiscal deficits will lead to severe inflation, which will have the most severe impact on the economy.