2023 is about to enter the final month for those looking to buyTreasury bondsDecember is still a month to look forward to. This article will introduce the types of treasury bonds to be issued in December and the precautions for purchase, so as to help readers better choose and proceedInvestments。At the same time, the author will also share his own thoughts and opinions, hoping to inspire readers.
According toTreasury bondsThe release is scheduled to be issued in DecemberTreasury bondsIt mainly includes book-entry interestTreasury bondsand book-entry discountingTreasury bonds, while savingTreasury bondsThe issuance of the year was closed. Book-entry Treasury bondsIt is released every month, even the last one. It is worth mentioning that the December oneTreasury bondsVarious terms are covered, ranging from 28 days to up to 50 years. SpecificTreasury bondsThe release schedule is as follows:
1) Book-entry interestTreasury bonds: Eight issues will be issued in December, and all of them are expected to be completed on December 22.
2) Book-entry discountingTreasury bonds: Eight issues will be issued in December, and all of them are expected to be completed on December 22.
In addition to the above plans to be issuedTreasury bondsThe Ministry of Finance also plans to issue an additional 1 trillion yuan in the fourth quarterTreasury bonds。It was originally planned to be released in November, but it could not be carried out as scheduled for various reasons. If this batch is specialTreasury bondsScheduled for release in December, it will make DecemberTreasury bondsThe market is more lively, and the scale of additional issuance may exceed the original planTreasury bondsSize of issuance.
1.Pay attention to the rate of return: Interest-bearing in the book-keeping styleTreasury bondsGenerally speaking, the longer the term, the higher the yield. As a result, the expected returns are the highestTreasury bondsIt is undoubtedly a 50-year periodTreasury bonds。According to the current marketInterest ratesCondition, 50 yearsTreasury bondsThe yield is about 3%. sectionInvestmentsThey may have reservations about the 50-year term, but in practice it is not necessarily necessary to hold it to maturity. BecauseBook-entry Treasury bondsYes, you canSecondary marketon the trade, do not want to holdInvestmentsIt can be liquidated by selling. In addition, a 50-year termTreasury bondsInterest is paid semi-annually, that is, interest income can be obtained twice a year, even if it is advanced**, it will not affect the annual interest income. Of course, forBook-entry Treasury bondsIt's not that the higher the yield, the more worthwhile it is. Because of the different deadlinesTreasury bonds, yields may not vary much. For example, 2 yearsTreasury bondsThe yield is 243% and 3 yearsTreasury bondsThe yield is 247%, the gap is small. When considering whether to hold to maturity, buy a 2-year termTreasury bondsmay be more appropriate.
2.ConsiderLiquidity: In general,Treasury bondsThe shorter the term,LiquidityThe better. However, due toBook-entry Treasury bondsYes, you canSecondary marketOn the trade, the length of the term is forLiquidityThe impact is not so important. However, for those who are concerned about insuranceInvestmentsBuy-and-hold maturity is a more reliable option. BecauseTreasury bondsAfter listing, there may be volatility, and if it is not before expiration, it may suffer a certain loss. And if you hold it to expire, it will not be right to go up or downInvestmentsto cause an impact.
There are many models in December 2023Treasury bondsThere will be an issuance, in which the book-entry type is interest-bearingTreasury bondsand book-entry discountingTreasury bondsis the main choice. InvestmentsWhen buying, you should pay attention to the yield andLiquidityand choose the one that suits youInvestmentsterm andInterest rates。In addition, if possible, keep an eye on the Ministry of Finance in particularTreasury bondsto get moreInvestmentsChoose.
InInvestmentsTreasury bonds, I'm more focused on long-term gains and stability. Despite the 50-year periodTreasury bondsThe term is longer, but its relatively highInterest ratesand more stable returns still appeal to me. Purchase for a 50-year termTreasury bondsI don't plan to hold the full 50 years, but plan to do so at the right time**. Through semi-annual interest income, I can earn a certain amount of cash flow and a certain return when I sell it. In addition, I would also consider buying a 2-3 year oneTreasury bondsAsShort-term investmentSelect to get higher within a certain periodInterest ratesEarnings.
In my opinion, chooseTreasury bondsWhen buying, don't just pay attention toInterest ratesand deadlines, but also need to pay attention to the wholeEconomysituation and fiscal policy movements. Due toTreasury bondsis with the stateEconomyClosely relatedInvestmentsVariety, rightMacroeconomicsThe judgment of trend and policy change can be correctInvestmentsDecisions have a significant impact. Therefore, in the purchaseTreasury bondsBefore, I'll go through the understandingMacroeconomicsdata and policy direction, as well as analytical reports from authoritative institutions, to measureInvestmentsTreasury bondsRisks and benefits.
Overall,Treasury bondsas a relatively safe and stableInvestmentstools, for those who pursue solid returnsInvestmentsattractive. I believe that in reasonablenessInvestmentsplanning and risk control, through the purchase of appropriateTreasury bonds, which can achieve a steady increase in wealth. StillInvestmentsYou should fully understand yourself before purchasingRisk tolerancewithInvestmentsgoals, and make informed decisions based on individual circumstances. After all,InvestmentsIt is a long-term behavior that requires a comprehensive consideration of individual needs, market conditions, and risk-return characteristics to make the best choice.