matchroompoker| The price rose sharply within one minute of the market opening! How much do you know about the 30-year ultra-long-term special treasury bonds being listed and traded today?

Special topic: 30-year ultra-long-term special treasury bonds went public today, rising 25% for the second time.

Stock speculation is based on the Jin Kirin analyst Research report, authoritative, professional, timely and comprehensive, to help you tap potential theme opportunities.Matchroompoker!

Xiao Ruidong, editor of Zhao Yun, a journalist

According to the Ministry of Finance, it will be launched on May 17.MatchroompokerThe 30-year ultra-long-term special treasury bonds will be listed on the secondary market starting from today (May 22). After listing, individual investors can buy from institutional investors in the secondary market.

Market data show that 24 Special Administrative region 01 (code: 019742) rose 13% within 1 minute of the opening of the market.Matchroompoker.1%, trigger temporary suspension. The turnover exceeded 10 million yuan.

According to the issuing arrangement, the treasury bonds are fixed interest-bearing bonds with a total amount of 40 billion yuan, and the coupon rate is determined to be 2% after competitive bidding by 56 underwriting groups of financial institutions.Matchroompoker.57%. Interest will be paid semi-annually from May 20, 2024, on May 20 and November 20 of each year, and the principal and last interest will be paid on May 20, 2054.

According to media reports, on May 20, the only one open to individual investors, the banks involved in the bond sales were hot, with several hundred million quota basically sold out within half an hour.

Other maturity varieties will also be released in the next few months and the cycle will last until November. The next release will be on May 24, which will be the first release of the 20-year variety.

For investors who are willing to invest but are unable to buy this bookkeeping treasury bonds, apart from buying through the secondary market, are there any "replacement" products in the market?

There is a view that for individual investors, they do not have to cling to ultra-long-term special treasury bonds, but can buy treasury bonds with maturity and yield that meet their needs through the bank bond counter.

In addition, you can also choose other ways to manage funds, such as bond funds, interbank certificate of deposit funds, money funds and so on. From the point of view of efficient trading, you can also consider bond ETF.

For example, the treasury bond 30ETF (trading code: 511130), which was officially listed on March 28 this year, is the first ETF in the market to track the Shanghai 30-year treasury bond index, or it may become another high-quality asset allocation tool for investors.

Data show that the national debt 30ETF closely tracks the Shanghai 30-year national debt index (950175), which is a relatively scarce variety in the ultra-long bond market. The product has the characteristics of strong aggressiveness, good tool, excellent investment value and good liquidity. According to Wind, the product has been on the market for 34 trading days, with an average daily turnover of 1.111 billion yuan, helping investors to buy at a reasonable price.

On the other hand, according to the trading rules announced by some securities companies, when bookkeeping treasury bonds are traded through A-share securities accounts, the minimum trading unit is 100000 yuan, that is, a thousand pieces. In contrast, individual investors in the purchase of treasury bonds 30ETF, the minimum trading unit is 100, about 10, 000 yuan, the investment threshold is relatively lower.

Some fund managers said: "Policy interest rates and deposit rates may decline further, ultra-short-end interest rates such as buybacks may follow, and guide short-and medium-term interest rates to continue to decline, and the interest rate curve may continue to steepen in the short term." and after the short-end interest rates are further down, we can still pay more attention to the allocation value of ultra-long bonds by opening the downside space for long-end and ultra-long-end interest rates. "