论文部分内容阅读
二手国债:交易成本大 目前,国债的投资方式可以分两大类:一类是不上市的凭证式国债,一类是已上市交易的二手国债。对于第2类国债,无论个人还是机构都要通过证券公司进行交易,并要向证券公司交纳不超过交易额0.2%的佣金,相对于2%至5%的债券收益率来说,交易成本相当可观。此外,债券交易最低数量为100手,每手为1000元。一笔交易的最低金额就是10万元,对于个人投资者来说成本太大。因此,普通百姓投资凭证式国债更具现实意义。
Second-hand government bonds: transaction costs Currently, the investment patterns of government bonds can be divided into two categories: one is not listed certificate-based government bonds, one is already listed transactions of second-hand bonds. For Type 2 bonds, both individuals and institutions are traded through securities companies and are required to pay securities companies commissions of up to 0.2% of the transaction value, which is comparable to the bond yield of 2% to 5% considerable. In addition, the minimum amount of bond trading is 100 lots, each hand is 1000 yuan. The minimum amount of a transaction is 100,000 yuan, for individual investors, the cost is too high. Therefore, ordinary people investing in documentary treasury bonds is more practical significance.