China News Agency, Beijing, January 19 (Reporter Zhao Jianhua) The Ministry of Finance of China announced on the 19th that the repayment of savings treasury bonds and book-entry treasury bonds in 2023 will begin soon.
According to the Ministry of Finance, interest on savings treasury bonds and book-entry treasury bonds is calculated on the basis of simple interest.
Overdue redemption of savings treasury bonds will not accrue interest.
Savings treasury bonds (electronic) redemption funds are paid by the original selling institution to the investor's fund settlement account; early redemption is calculated and paid according to the early redemption interest calculation conditions stipulated in the current treasury bond issuance notice.
Savings treasury bonds (voucher-style) redemption shall be handled by investors at the business outlet of the original selling institution; early redemption shall pay interest according to the early redemption tiered interest rate stipulated in the current treasury bond issuance notice.
In 2023, the savings government bonds (electronic type) that will return the principal on the repayment date and pay the interest for the last year include 7 savings government bonds (voucher type) that will return the principal and pay all the interest after the redemption period begins Including 6 cases, including 23 book-entry interest-bearing treasury bonds that repay the principal and pay the last interest on the repayment date, and 26 book-entry discount treasury bonds that are repaid at face value on the repayment date.
At the same time, physical treasury bonds due in previous years that have not been redeemed can continue to be redeemed at perennial redemption outlets in 2023.
The payment methods for the principal and interest payment of book-entry treasury bonds in 2023 shall be promulgated and implemented by each trading place or registration and settlement institution in accordance with the regulations of the Ministry of Finance.
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