Hot!95% of Shanxi Local Bonds on the first day of the sale of more than 60%, and the subscription ratio of small and medium -sized institutions was nearly 30%

On August 24th, the 400 million yuan counter local debt issued by Shanxi was released simultaneously in five banks. As of the first day of the distribution date, the subscription volume reached 380 million yuan, and the distribution progress reached 95%. Individual and institutional investors were enthusiastic.

On the day of sale, a reporter from Shanxi Evening News saw in the Taiyuan School of Agricultural Bank of China that in less than 10 minutes, the bank's 90 million yuan distribution quota was grabbed. Later, Bank of China also said that it was sold out. From the perspective of the offering of the Agricultural Bank of China on the first day, due to the only 100 yuan for subscription thresholds, the bank's individual investor subscription amount accounted for 97%, and some investors subscribed from hundreds of yuan to hundreds of thousands of yuan.

Relevant sources of the Provincial Department of Finance introduced: "The enthusiasm of the people subscribing to local debt this year is higher than last year. The number and amount of customers who make appointments in advance have increased significantly compared with last year. In order to meet the needs of individual investors, banks also balance institutional investment For those, give up some subscription quotas to individual investors. We do not pursue fast sale speed. We only hope that the government to sell local debt can make more benefits from the people. From the first day of sales, personal subscription ratio exceeds 60%, and small and medium -sized institutions subscribe to subscription The proportion is nearly 30%, and individual investors account for the majority. "

Why is local bond sales so popular? In addition to the significance of supporting the development of the hometown, the bonds in this issue are 3 -year accounting fixed interest rate interest rate bonds. The annual interest rate of the ticket is 2.54%, which is 30bp higher than the national bond interest rate at the same time. VAT, high market recognition.

The Shanxi Evening News reporter learned that Shanxi local government bonds were only issued in the inter -bank market. Beginning in July 2021, local government debt sale channels expanded to bank counters, providing new investment options for individuals and institutions such as individuals and institutions.

Wu Meiying, director of the State Treasury Office of the Provincial Department of Finance, introduced that the credit rating of government bonds is the highest credit rating AAA, which is guaranteed by the Shanxi Provincial Government Credit as a guarantee, and the investment risk is low. Determine due income. After listing and transaction, you can buy or sell at any time, and the funds can be received in real time. If the price of bonds rises, you can also earn the price difference.

Recently, banks have sold government bonds, local bonds and other businesses, which have been popular with investors. The commercial banks with local bonds and government bonds as the main variety are increasingly valued by all parties and ushered in new opportunities for development. my country's counter bond market has maintained steady development, but it still faces issues such as low bond yields, insufficient awareness of personal investors, and difficulty matching the product period with customer needs. However, at present, Shanxi has been able to achieve timely and convenient transactions, while strengthening information disclosure and other content, and continuously promotes the development of the counter bond market.

"The development of counter debt can increase the liquidity of the bond market to a certain extent, increase the efficiency of the allocation of capital resources, improve the proportion of individual investors, and improve the current investor structure of the bond market." The bank industry said. Shanxi Evening News reporter Zhang Lei

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