I. What are the primary debt base and secondary debt base

The primary debt base and secondary debt base refer to bond funds, which are important tools for investors to invest in the bond market. The primary debt base refers to the funds invested by investors, which invest in government bonds, corporate bonds, financial bonds, etc. These bonds have low risks and low returns. The secondary debt base refers to the funds invested by investors. They invest in non-standard bonds, convertible bonds, exchangeable bonds, etc. These bonds have higher risks and higher returns.

second, the difference between the primary debt base and the secondary debt base

1. The investment objects are different: the primary debt base invests in government bonds, corporate bonds, financial bonds, etc., while the secondary debt base invests in non-standard bonds, convertible bonds, exchangeable bonds, etc.

2. Different risks: the risk of the primary debt base is low, while the risk of the secondary debt base is high.

3. Different income: the income of the primary debt base is lower, while the income of the secondary debt base is higher.

Third, how do investors choose the primary debt base and the secondary debt base

1. Investment objectives: An investor must first make clear his investment objectives. If the investor's investment objective is to obtain high returns, he can choose the secondary debt base; If the investor's investment goal is to obtain safe income, then he can choose the first-class debt base.

2. Investment experience: Investors should also consider their own investment experience. If an investor has less investment experience, he can choose the first-class debt base; If the investor has rich investment experience, then he can choose the secondary debt base.

3. Investment period: Investors should also consider their own investment period. If the investor's investment period is short, he can choose the first-class debt base; If the investor has a long investment period, then he can choose the secondary debt base.

IV. Summary

Both the primary debt base and the secondary debt base are important tools for investors to invest in the bond market, and their investment targets, risks and returns are different. When investors choose the primary debt base and the secondary debt base, they should choose according to their investment objectives, investment experience and investment period.