Depositors should pay attention, ultra-long-term treasury bonds are coming, and today I will share with you how to make deposits, and there are not many opportunities, and the interest rate is also very good.
So, what does the ultra-long-term special treasury bond have to do with ordinary people? Can we ordinary people buy it? And will this 50-year period make it impossible for us to withdraw? Today, I would like to explain to you what ultra-long-term special government bonds are.
Ultra-long-term refers to government bonds with a maturity of more than 15 years and is a special purpose. It is the state that borrows money from ordinary people, guarantees the principal and interest, has a lower risk of repaying the principal and interest when due, and is exempt from interest. Ultra-long-term government bonds have three maturities, namely 20, 30 and 50 years, with a total amount of up to 1 trillion yuan, and interest is paid semi-annually.
On May 17, the first issue of the 30-year term was issued, followed by the 20-year term issued on May 24, and finally the 50-year term issued on June 14. A total of 22 issuances were issued, of which 7 were for 20-year terms, 12 were for 30-year terms, and 3 were for 50-year terms.
Some people will ask if there will be a situation where you will not be able to withdraw money after a 50-year period of purchase?
First of all, treasury bonds are generally divided into savings treasury bonds and book-entry treasury bonds. Savings treasury bonds refer to certificate and electronic treasury bonds issued from March to November 10 to 19 every year, and the elderly usually go to queue up to buy them, with interest ranging from 3 years to 5 years, which is generally slightly higher than the interest rate of time deposits. In addition, the principal and interest can be withdrawn in advance at maturity.
At present, the issuance is book-entry ultra-long-term treasury bonds, similar to securities, which can be bought and sold in the secondary market. Although it may seem like a long term, say 50 years, 30 years, it doesn't prevent you from converting it to cash at any time. It can be purchased by individuals and institutions, and there are many purchase channels, such as bank counters, online platforms and securities markets, and it can also be circulated and transferred.
Why, then, is this kind of Treasury bond issued? To put it simply, it is because people are panicking about the uncertainty of the future, and the current economic environment is not good. No one is afraid to spend money, resulting in money being clogged in the bank and unable to flow.
In this form, everyone can still continue to save money, but in a different form, that is, national debt. The state uses credit as an endorsement, recovers the funds and then puts them out, and pays everyone a return higher than the interest on the fixed deposit, so that everyone can make a stable profit. In this way, it is a win-win situation without worrying about the loss of principal. The state, in turn, uses the funds to boost economic development and consumption.
It is also important to note that so far, as of the end of last year, the outstanding inventory balance of ultra-long-term government bonds stored by us has exceeded 14 trillion.
So, can ordinary people buy it? Who is it suitable for? The successive issuance of ultra-long-term special government bonds sends a very certain signal that we will be in a rate cut channel for a long time. For example, the interest rate of the savings treasury bonds issued on the 10th of this month is 2.38% for the 3-year period and 2.5% for the 5-year period.
So it's great for those who only recognize the big four banks and have some spare money on hand, but they don't necessarily get it.