400 million yuan in Shanxi Provincial Government Bonds will be available at 2.54% of the interest rates of 2.54% today. 5 banks can be purchased

On August 23, a reporter from Shanxi Evening News learned from the Provincial Department of Finance: In order to enrich the investment channels of residents and better meet the needs of individuals and small and medium -sized institutional investors, Shanxi will officially issue 400 million yuan in local debt from August 24 to 26. As of now, the Shanxi Provincial Government has issued a total of six batches of government bonds this year, with a total issuance of a total of 100 billion yuan.

For individuals and small and medium -sized institutional investors to buy

Local bonds issued on August 24 were 400 million yuan, which were available for individuals and small and medium -sized institutional investors to participate in purchases.

The bonds in this issue are 3 -year accounting fixed interest rates, and the issue value of the commercial bank counter is 400 million yuan. The interest of the bonds is paid annually, pays interest on August 29 (holidays) on August 29 (holidays), and repay the principal on August 29, 2025 and pay the last interest. Ticket interest rates are 2.54%. The bonds in this issue shall be repaid for interest payments by the Shanxi Provincial Department of Finance.

According to the relevant person in charge of the State Treasury Office of the Provincial Department of Finance: In July 2021, the province first issued the Shanxi Provincial Government Bonds through the commercial bank counter market, cultivating new local debt issuance channels, increasing investment groups, and enriching individual and small and medium -sized institutions investment. Varieties are conducive to stability and increasing residential property income, and improving the expectations and environment of residential consumption.

Shanxi Evening News reporters learned in the interview that at present, there are 5 counterfeit business contractors for individuals and small and medium -sized institutions to purchase local debt, namely Agricultural Bank of China, Industrial and Commercial Bank of China, China Construction Bank, Bank of China, and Ping An Bank. At present, the number of counters in five banks in our province exceeds 1,700. In addition, you can also buy it through the mobile banks and online banks of these five banks.

Through the subscription and transaction of commercial bank counter, citizens have two ways to conduct a counter review inquiry of counter bonds: First, check the balance of the bond account for the opening bank; the other is to dial 400-666-5000 to contact the central government bond registration and settlement company to review the custody account balance.

Shanxi local debt remains low level

The reporter from Shanxi Evening News learned from the China Bond Information Network Local Government Bond Information Discovery Portal: As of August 22, the annual issuance of local government bonds in Shanxi was 105.8 billion yuan, the average issue period for the annual issuance was 11.81, and the average issue interest rate during the year was 3.01%.

In other provinces in the six provinces in the central region, the circulation volume of Shaanxi Province was 147.4 billion yuan during the year, and Hubei, Jiangxi, Anhui, and Henan averaged more than 200 billion yuan. Experts said that local government debt ratios (debt balance/local government financial resources) are used to measure the size of the debt. The more liabilities, the greater the pressure on debt repayment. According to international standards, local government debt rates pass the risk of 80%and 120%. Shanxi has maintained a lower level. From the perspective of issuance interest rates, except for 315%of Jiangxi, the rest of the central provinces are 3.01%-3.08%, and Shanxi is at an average level.

Relevant sources of the Provincial Department of Finance said that the purchase of bonds of Shanxi Provincial Government can meet the enthusiasm of the people to participate in the economic and social development of our province and contribute to the construction of the hometown. After investing in the Shanxi Provincial Government Bonds ; Investors can enjoy the convenience of public facilities and the improvement of public service levels while gaining investment income, and further enhance the people's participation and sense of participation and acquisition of Shanxi's economic and social development.

Shanxi Evening News reporter Zhang Lei

Related

Hot questions have the answer here

Q: How to calculate local debt income? How to buy?

Answer: The relevant person in charge of the Shanxi Provincial Department of Finance stated that the interest rate of bond tickets for the Shanxi Provincial Government in this issue is higher than the interest rate of Treasury bonds in the same period.

Relevant staff gave an example, such as buying a local debt of 100,000 yuan. By August 29 next year (the holidays are postponed, the same below), the interest of 2540 yuan can be obtained; It can get 2540 yuan interest again; by August 29, 2025 (extension of holidays, the same below), you can get a principal of 100,000 yuan and the third year interest of 2540 yuan. Local government bonds are on sale for individual investors, which are conducive to stability and increasing the property income of residents, improving the expected and environmental of residents' consumption, actively cope with the epidemic to promote consumption capacity and improve quality, make up for the shortcomings of consumption, and serve the province to build a new development pattern.

The minimum subscription face value of local debt at the counter is 100 yuan, which has almost no investment threshold. Compared with the low threshold of wealth management products and large -deposit trading transactions, it is suitable for individual and small and medium -sized institutional investors to subscribe.

Q: What are the discounts for individuals and institutions to buy local debt?

Answer: Generally speaking, the local debt -free policy is excellent, which is a new choice for the preservation and appreciation of individuals and institutions. The relevant person in charge of the Provincial Department of Finance stated that in accordance with the "Notice of the Ministry of Finance and the State Administration of Taxation on the Income Tax Exemptation of Local Government Bond Interest" (Fiscal and Tax [2013] No. 5) (Fiscal Tax [2016] No. 36), exempt income tax and value -added tax for interest income from local government bonds obtained by individuals and institutional investors. Especially for institutional investors, the tax policies they enjoy are better than policy financial bonds at the same time. Counter debt can provide new choices for institutional investors to preserve and appreciate. Especially for small and medium -sized institutional investors, investment taxes and value -added tax are exempt from interest income taxes and value -added taxes for local government bonds. According to estimates, 2.54%of bond issuance interest rates are equivalent to 3.68%of the yield of 3.68%after taxation. Among the low -risk bonds, the Shanxi Provincial Government Bonds have certain advantages. Q: Is the risk of buying local debt controlled?

Answer: The Shanxi Provincial Government bonds are guaranteed by government credit and have high security. The credit rating of third -party rating agencies to the Shanxi Provincial Government Bonds is AAA. It is believed that the overall debt risk of Shanxi Province is extremely low and the debt repayment capacity is extremely strong.

The interest rate of bond tickets is higher than the interest rate of the debt -based bond of the same period. The holding of the holding period can obtain a stable interest income on the year. It is suitable for investors who have certain requirements for principal security and yields.

The funds raised by counter bonds in this issue are mainly used for the construction of 60 public welfare projects including cultural tourism, emergency medical care, flood prevention and drought -resistance project in our province. The source of debt funds is the government's general public budget revenue, and the principal and interest of the bond is high.

At present, in the context of the gradual withdrawal of the new asset management regulations and the gradual withdrawal of the "capital protection wealth management" products, the issuance of the Shanxi Provincial Government Bonds through the commercial bank counter is conducive to enriching the investment varieties of individuals and small and medium -sized institutions. Provide richer products and services with institutional customers to meet their low -risk investment needs.

Shanxi Evening News reporter Zhang Lei

- END -