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From August 22 to 26, Shanxi Province issued RMB 600 million of 5-year over-the-counter bonds to the public

2024-08-17

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In order to broaden the investment channels for the public and stabilize and increase the property income of residents,August 22-26Our province will sell to individuals and small and medium-sized institutional investors in the province.600 million yuanGovernment bonds.

As we all know, government bond counter business refers to the business of individuals and small and medium-sized institutions subscribing or buying and selling Shanxi Provincial Government bonds through commercial bank outlets, online banking, mobile banking and other channels. Since our province started issuing local bond counters in 2021, this year is the fourth year.High security, stable income, tax-free interest, flexible cash conversionThese advantages are highly recognized by the market and favored by investors.

  • The local bonds issued over the counter this time are the general bonds of the Shanxi Provincial Government in 2024, with a total issuance face value of no more than 3.72071 billion yuan, of which the face value issued through commercial bank counter plans will not exceed 600 million yuan. The variety is a 5-year book-entry fixed-rate interest-bearing bond, and the counter issuance quota is 600 million yuan. The funds will be used for the construction of public welfare projects such as three No. 1 tourist highways and a project to inject clear water into the Yellow River.
  • Over the counter local debtThe minimum subscription value is 100 yuan, which is distributed by eight banks, namely, Bank of China, Agricultural Bank of China, Industrial and Commercial Bank of China, China Construction Bank, Ping An Bank, Bank of Communications, China Zheshang Bank and China Everbright Bank.Nearly 1,800At the same time, the hosting bank has also opened online banking and mobile banking counter bond services, so that investors can complete transactions conveniently and quickly without leaving home.