With the reduction of bank deposit rates, investors have begun to look for new ways to manage their finances. At this time, the upcoming issuance of government bonds in April has become the focus of market attention. What is the relationship between Treasury bonds and bank deposit rates, and is it worth buying them in the current environment?
Treasury bonds, as the embodiment of national credit, have extremely high security. Compared with bank deposits, treasury bonds also enjoy the characteristics of guaranteed principal and interest and rigid payment. In addition, the flexibility of treasury bonds has also added a lot to it, and investors can choose the right type of treasury bonds according to their own needs.
The issuance of treasury bonds in April is about to be issued, so let's analyze how the treasury bonds are sold, the banks that can buy them, and the interest rates.
The first point is the way in which the current treasury bonds are sold. The Treasury bonds were issued electronically and were sold from April 10 to April 19. The treasury bond is divided into two deposit periods, three years and five years, respectively, with a minimum deposit amount of 100 yuan, or an integer multiple of 100 yuan. To buy e-bonds, you need to open a current account with a bank, including a passbook and a bank card, and you must sign an e-bond contract on the account before you can buy e-bonds normally.
Second, which banks can buy Treasury bonds? See the chart below. Here is a list of 40 banks and financial institutions that underwrite government bonds. Do you notice the sign of an asterisk, one indicates that the purchase can be made through the bank's online banking, and two asterisks indicate that the treasury bond can be purchased through the bank's online banking and mobile banking.
The third point is the issue of the interest rate on government bonds. The interest rate on the three-year Treasury bond is 2.38%, and the interest rate on the five-year Treasury bond is 2.5%, which is the same as the interest rate on the previous treasury bond. If you usually prefer to keep your money in a state-owned bank, then buying this treasury bond may be a better option because the interest rate on treasury bonds is slightly higher than the fixed deposit rate of state-owned banks, and the treasury bonds have a higher flexibility.
However, if you feel that the interest rate is too low, or if you are used to keeping your funds in a joint-stock bank or city commercial bank, then you can continue to choose a fixed deposit.
Will you choose a fixed deposit or buy Treasury bonds?