For treasury bonds, they need to be purchased according to a corresponding purchase process, and at the same time, they need to meet the requirements and conditions for purchasing treasury bonds. So is there any risk in reverse repurchase of treasury bonds? Next, I will bring you the detailed knowledge of the risk of reverse repurchase of government bonds by the small series of Zhaofa.com, hoping to help you. I. Is there any risk in reverse repurchase of national debt
The so-called reverse repurchase of national debt is essentially a short-term loan. In other words, individuals lend their own funds through the national debt repurchase market and obtain fixed interest income; The repurchase party, that is, the borrower obtains the loan with his own national debt as collateral, and repays the principal and interest after maturity.
Generally speaking, the reverse repurchase of national debt has higher income and lower risk. The low risk is due to the fact that the funds are lent through the national debt repurchase market, with the national debt as collateral and the supervision of the stock exchange, it is difficult to return the funds at maturity, thus the risk is lower; The yield is related to the capital of the market. The tighter the capital, the higher the yield of reverse repurchase.
The end of the month, the end of the quarter and the end of the half year are generally a good time to get involved, but this kind of investment only has advantages in the short term. If the time is prolonged, the proceeds of reverse repurchase of government bonds have no obvious advantages compared with bank wealth management products and money market funds, and even lower than these two types of products. Second, how to operate the reverse repurchase of government bonds
(1) The reverse repurchase and securities lending party of the Shanghai Stock Exchange shall declare it as "selling".
reporting unit: the unit is "hand", and one hand is equal to the face value of 1 yuan. (our company's system declaration is based on "Zhang")
quotation price: quote according to the expected rate of return of customers and the trend of the rate of return of the day.
declaration limit: the minimum amount of each lot is 1 lots (very much RMB 1,) and the maximum amount is not more than 1, lots (very much RMB 1 million); Our system has a minimum of 1, sheets per pen (very much RMB 1,), increasing by integer multiples of 1, sheets, and a maximum of 1, sheets (very much RMB 1 million).
(2) The securities lender of Shenzhen Stock Exchange shall declare it as "sold".
reporting unit: declare with 1 sheets or integral multiples thereof, with 1 sheets equal to the face value of 1 yuan.
quotation price: quote according to the customer's expected rate of return and the trend of the current rate of return.
declaration limit: the minimum number of declarations is 1 (especially in 1 yuan) and the maximum number is 1 million. (Very much more than 1 million yuan)