200 million yuan of Xiamen local bonds to be sold on the 24th
Individuals and small and medium institutional investors in Fujian Province can subscribe
HaixichenNews (Reporter Bai Ruoxue) Yesterday, the reporter learned from the Xiamen Municipal Finance Bureau that in order to enrich the financial products that the public can invest in, better meet the needs of individual and small and medium institutional investors, and attract investors to participate in urban construction and share the fruits of reform and development, on May 24 From January to 26th, Xiamen City will issue 200 million yuan of Xiamen Municipal Government Bonds through the counter of commercial banks, which can be subscribed by individuals and small and medium-sized institutional investors in Fujian Province.
The Xiamen municipal government bonds issued this time are 3-year book-entry fixed-rate interest-bearing bonds, the bond code is “2205719”, the bond abbreviation is “22 Xiamen Bond 14”, the bond face value is 100 yuan, and the coupon rate will be set in May. On the 23rd, it was determined through public bidding.
The reporter learned that the counter sales time is 10:00-15:30 from May 24th to 26th, the value date is May 27th, and the listing date is May 31st. The Xiamen Municipal Bureau of Finance will pay the interest on May 27 every year (extended in case of holidays, the same below), and repay the principal and pay the last interest on May 27, 2025.
The subscription of Xiamen local bonds is very convenient. Individuals and small and medium-sized institutional investors in Fujian Province can subscribe for Xiamen local bonds through the Agricultural Bank of Xiamen, Industrial and Commercial Bank of China, Industrial Bank, Bank of China, online banking, mobile banking and other channels to subscribe for Xiamen local bonds. Banks also provide value-added services such as bond pledge financing.
It is worth mentioning that investors can conduct real-time buying and selling transactions during the trading period of the bond duration, the funds are received in real time, and there is no transaction fee. It has the advantages of high security, good profitability, strong liquidity, and a low investment transaction starting point. , investors can obtain stable interest income from holding to maturity, and interest income is exempt from income tax and value-added tax. Before the bond matures, the transaction price will change with the market. When the bond price is higher than the face value, you can obtain capital gains by selling it, but there may also be a discount when the bond price is lower than the face value.