Which country is the largest holder of Chinese government bonds?

According to a report released by the U.S. Treasury Department on the 16th, China sold $32.5 billion in U.S. Treasury bonds in May, the largest increase this year and the second largest in the past 12 months, but China is still the largest holder of U.S. Treasury bonds.

China's holdings of U.S. Treasuries totaled $867.7 billion in May, down $32.5 billion from the previous month, according to the Treasury Department. This time** also caused China's total holdings of U.S. Treasury bonds to fall below the 900 billion yuan mark again.

So far, in the year since May 2009, China's holdings of U.S. Treasury bonds have experienced 6**, 5 increases in holdings, and 1 flat. Among them, in August 2009, China sold $3.4 billion in U.S. Treasury bonds for the first time in a year. Since then, from November 2009 to February 2010, China's holdings of U.S. Treasury bonds for four consecutive months, especially in December 2009, were the largest in a year at $34.2 billion, bringing the holdings of more than $900 billion that had been maintained for half a year to below $900 billion for the first time.

As the second largest holder of U.S. Treasury bonds, Japan also increased its holdings of U.S. Treasury bonds by $8.8 billion in May, with total holdings falling from $795.5 billion to $786.7 billion.

China's State Administration of Foreign Exchange said on July 7 that China has been emphasizing that foreign exchange reserves are responsible long-term investments, and that concerns about whether China will use foreign exchange reserves as a "killer weapon" or "atom" are completely unnecessary. Regarding the issue of increasing holdings of U.S. Treasury bonds, which is of great concern to the outside world, the State Administration of Foreign Exchange emphasized that holding U.S. Treasury bonds is an investment behavior in the market, and increasing holdings of U.S. Treasury bonds is a normal investment operation, and there is no need to interpret it politically.

Finish. --Hope it helps!

China's financial laws and regulations require that the issuance of treasury bonds cannot be issued abroad, but in Hong Kong, it is a pilot project, and the proportion is small.

On 28 September 2009, the Ministry of Finance issued RMB6 billion of sovereign bonds in Hong Kong. This is the first time that China** has issued RMB sovereign bonds outside the mainland. A spokesman for Hong Kong** responded yesterday that the bond issuance marks a new milestone in the development of Hong Kong's renminbi business.

The outside world generally commented that in the long run, this move will not only strengthen Hong Kong's status as an international financial center and promote the development of Hong Kong's offshore RMB business, but also promote the settlement and circulation of RMB in neighboring countries and regions, and accelerate the process of RMB regionalization. The problem of the renminbi being "spent" Foreign Economic ** Ding Zhijie, deputy dean of the School of Finance of the University, pointed out that "the Ministry of Finance hopes to issue more through Hong Kong"Authority"to promote the development of the renminbi abroad. It's not hard to see why.

Although Chinese and foreign institutions, including China Development Bank and HSBC, have issued about 30 billion yuan of financial bonds in Hong Kong, the "grade" of government bonds and these financial bonds is obviously not the same, and they are more likely to be favored by investors. At the same time, RMB sovereign bonds are bound to provide a pricing benchmark for mainland institutions to issue RMB bonds in Hong Kong in the future (editor's note: the popular understanding is to make the RMB more fair, and academically speaking, it is to make the RMB value have a wider range and a reference standard from an updated perspective), and then drive more mainland institutions to issue RMB bonds in Hong Kong.

United States. China's national debt accounts for 1 4 percent of the world's total, and the United States still owes us 2 billion.

China has sufficient funds, and it buys more other treasury bonds, and the issuance of its own treasury bonds is also aimed at the domestic market, and there are no treasury bonds that can be purchased by foreign countries, so there are no creditor countries.

The purpose of the state issuance of treasury bonds is as follows:

1. Balance fiscal revenue and expenditure.

When the expenditure of the current year is greater than the income, that is, when the income is beyond the expenditure, the state will find the national debt and borrow from the public to make up for the fiscal deficit.

For example, the issuance of deficit government bonds.

2. Raise construction funds.

National large-scale infrastructure and public facilities.

The amount of capital required for construction projects is usually large, and the project implementation period is long, and the state can raise funds for the project through the issuance of medium- and long-term treasury bonds, such as the issuance of construction bonds.

3. Repay the maturing national debt.

At the maturity of the issued treasury bonds, if the treasury funds.

If the situation is tight, then new bonds can be issued, and the new bond funds raised can be used to repay the principal and interest of the old maturing bonds.

4. Raise military spending.

In times of war, military expenditures are enormous, and in the absence of other means of financing, the state will issue war national bonds to cover the costs of war.

The reason why the state issues treasury bonds is mainly to regulate the amount of money in circulation. ** Raise funds for infrastructure construction to boost domestic demand.

The state needs a large amount of medium and long-term funds to carry out the construction of infrastructure and public facilities, and through the issuance of medium- and long-term treasury bonds, a part of the short-term funds can be converted into medium- and long-term funds for the construction of large-scale national projects to promote economic development.

** The purpose of an open market operation is to regulate the amount of money in the market. For Western countries, the second is of greater significance, when there is too much money in the market, ** through the issuance of government bonds to collect money in the market to prevent inflation, regulate interest rates.

**Through the issuance of bonds, the idle funds of units and individuals can be absorbed, and the country can tide over the period of financial difficulties. However, the issuance of deficit government bonds must be moderate, otherwise it will also cause serious deflation.

There is also borrowing and swapping treasury bonds, which are issued to repay mature treasury bonds, and at the peak of debt repayment, in order to solve the problem of debt repayment funds, the state issues borrowing and swapping treasury bonds to repay the old debts that are due, "which can reduce and disperse the country's debt repayment burden."

First of all, national debt is an important part of a country's fiscal expenditure, if the country wants to build any big project, or do something big, it needs a lot of money, then the country may choose to issue national bonds, borrow money from residents and financial institutions, remit into a large amount of money, and concentrate on doing big things. For example, when the epidemic was serious last year, my country issued special treasury bonds to fight the epidemic, and what did I do with the money, of course, it was to gather the strength of the whole country to fight the epidemic, such as increasing the production of sanitary products, the construction of Leishenshan Huoshenshan Hospital, and so on. Treasury bonds raise funds for the country.

Secondly, the state does not take your money for nothing, what is debt, that is, debt, the state lends you money, not only to repay you so much when due, but also to give you interest, then this provides a good investment choice for many residents, especially the elderly, the elderly, they attach great importance to the safety of saving money and investment, and the national debt is guaranteed by the country's credit, it is impossible not to repay your money, it is risk-free, so it is actually very popular with residents.

Treasury bonds also play a role in promoting economic development, and if the state feels that the current economic situation is not very good, it can adopt a proactive fiscal policy, issue treasury bonds, raise funds, increase the intensity of infrastructure construction, and the state will invest in new projects to provide jobs for everyone, and the state will buy those products that may be unsalable because of the bad economy, so as to promote economic growth.

The purpose of issuing treasury bonds is to raise funds. The issuance of bonds is for financing, which is easy to understand that there is no money in hand for the time being, but money is needed, so bonds are issued, such as corporate bonds, local bonds, and national bonds. Generally speaking, each country issues its own government bonds, which can be purchased by the average resident as an investment.

Because the treasury bonds are backed by the state's credit, the treasury bonds themselves have a high credit rating, low default risk, and the interest rate level is usually higher than the benchmark interest rate of bank deposits in the same period, so many people regard treasury bonds as a method of investment and financial management.

The purpose of a state's issuance of treasury bonds is to concentrate nongovernmental funds and forces to concentrate power to do big things, and this is a means of fund-raising commonly used by the state when carrying out some major construction, and it is also conducive to promoting social development and improving the living standards of the people at the grassroots level.

Treasury bonds are national debts, which usually refer to the funds obtained by a country with **** as the main body and according to the credit principle of borrowing and repaying, which is a kind of paid and non-recurring fiscal revenue. Treasury bonds are voluntary, compensatory, and flexible. Treasury bonds are also one of the means of the state's macroeconomic regulation and control policy, and the issuance of treasury bonds can make up for the fiscal deficit, raise funds for national construction, and adjust the amount of money and market interest rates.

A country issues treasury bonds in order to expand the funds available in the treasury and better build the country to serve the people.

Generally speaking, the purpose of the state to issue treasury bonds is to raise funds for purposes such as making up for fiscal deficits, project construction, and maintaining the normal operation of the first department. In addition, objectively, we have been able to share the fruits of national development with the people.

The purpose of the state's issuance of treasury bonds is to further invigorate the economy and engage in construction, which is conducive to the further development of the country.

If you don't have enough money, you ask someone else to borrow money. When the state does not have enough money, it issues government bonds. The national debt is a part of the fiscal revenue, and at the same time it is a liability.

This issuance of treasury bonds is for the sake of the country's economic development. So it will bring benefits to the country, which will increase revenue.

This can promote the turnover of state funds, be conducive to the rapid development of the economy, and ensure that the country's financial affairs are on a healthy track.

I think that the issuance of treasury bonds is a good thing for the benefit of the country and the people, so I think that the reason why a country issues treasury bonds is to make up for the national treasury.

Why does the state issue government bonds? He discovered that the purpose of the national debt was to balance the balance of the fiscal balance. Then raise funds for construction. In the repayment of the due national debt, raise military spending.

The situation of the national debt you asked, this is the same as ours personally. In order to better develop the economy, the state borrows personal money to invest in development. After making money, it is better to return it to the individual.

The issuance of treasury bonds by a country is the most effective way to withdraw money, that is, to reabsorb the money from the society into the national treasury, which is conducive to the economic development of our country.

Only by issuing treasury bonds can the state have economic development support, and only after they issue treasury bonds can they have funds to invest in some important infrastructure projects.

In fact, the national debt is an IOU borrowed from the people, and the state is repaying the people's money within a specified number of years.

Treasury bonds are also a type of bonds, which are a way to raise funds, but the fundraiser is the state. It will also return to investors on a regular basis.

It is normal for a country to issue government bonds.

There are three main types of treasury bonds: bearer treasury bonds, book-entry treasury bonds, and savings treasury bonds. Among them, bearer treasury bonds, that is, physical treasury bonds, will hardly be issued at present, while savings treasury bonds are divided into: certificate treasury bonds and electronic treasury bonds.

The national debt is based on the credit of the state and is funded by the national treasury.

A kind of bond issued with extremely high creditworthiness and repayment of principal and interest at maturity.

To purchase certificate-type treasury bonds, you need to purchase them over the counter at a bank. Purchase outlets such as: Industrial and Commercial Bank of China, Agricultural Bank of China.

Bank of China, China Construction Bank, Bank of Communications.

CITIC, Everbright, Huaxia, Pudong Development.

Wait. To purchase electronic treasury bonds, you can log in directly to online banking.

Buy it on the bank's official website. Such as: ICBC Internet Banking, CCB, Bank of China, etc.

Generally speaking, the issuance date of certificate treasury bonds and electronic treasury bonds is set, and the treasury bond purchase time is the 10th of each month, and if the purchase is completed on the 10th, then you can only wait for the next issue.

The purchase of book-entry treasury bonds can be purchased at ** companies. Therefore, a ** ticket account is required; The face value of book-entry treasury bonds is 100 yuan, and 10 are 10 yuan.

1 lot, so a minimum of 1000 yuan is required.

Extended Information: Difference Between CDB Bonds and Treasury Bonds:

CDB bonds and treasury bonds are both types of bonds, and there are the following differences between them:

1. Differences in taxation.

The interest received on CDB bonds is subject to the Stock Exchange.

Income tax, income tax is 25, that is, 25% of the income obtained from buying CDB bonds is handed over, and government bonds are all tax-free.

2. The issuer is different.

The main issuer of CDB bonds is banks, mainly for postal savings banks.

Financial bonds issued by state-owned commercial banks, regional commercial banks and other financial institutions, while the main body of treasury bonds is the state, mainly for domestic and foreign institutions and individuals, and the objects of issuance are broader than CDB bonds.

3. The purpose of issuance is different.

The purpose of treasury bond issuance is to make up for the fiscal deficit, or to raise funds for some costly construction projects, as well as some special economic policies and even for war, while the purpose of issuing CDB bonds is to promote the development of the commercial economy, while providing higher interest rates, it is one of the most active bonds in financial transactions.

What is the yield of buying Treasury bonds:

Comparison of Treasury yields in the third quarter of 2021:

The 36-month coupon rate of electronic treasury bonds issued on May 10, 2021 is;

The 36-month coupon rate of the electronic treasury bonds issued on July 10, 2021 is:

Therefore, judging from the yield of treasury bonds issued in the past, the annualized yield of buying the difference in treasury bonds.

Generally between 3%.

For example, if an investor buys 100,000 yuan of treasury bonds, if the coupon rate of 3 years is 3%, then there will be 3,000 yuan per year and 9,000 yuan in 3 years. Therefore, the yield of treasury bonds depends on the coupon rate at the time of issuance and the holding period.

Generally, 5-year Treasury bonds have a higher yield because they are held longer. Dan paragraph.

Compared with bank fixed deposits and large-amount certificates of deposit, the yield of treasury bonds is relatively high, and when the interest rate of some large-amount certificates of deposit rises, the yield may be the same as that of treasury bonds, but the minimum investment of large-amount certificates of deposit is at least 200,000 yuan, while the starting amount of electronic virtual or treasury bonds is only 100 yuan.