If the lottery is won, investors need to prepare enough subscription funds in their accounts before the lottery payment date 16:00, when the system will automatically deduct the money. Insufficient funds in the account shall be deemed as abandonment of subscription.
Playing new bonds is to subscribe for newly issued bond fund products.
When the general bond fund products were first issued, the issue price was relatively low. At this time, investors who buy newly issued bonds are called new bonds. When buying, they will choose investors who can buy bonds by drawing lots, which is called winning lots. Investors who win the lottery buy bonds at the issue price of bonds, which requires little cost, and then they can get higher returns by selling bonds. However, after the new debt is listed, it will generally not fall below the face value and will hardly lose money, so it will be a new debt.
Bonds are securities issued by debtors such as governments, enterprises and banks in accordance with legal procedures in order to raise funds and promise creditors to repay the principal and interest on a specified date.
Bond/debenture is a kind of financial contract, which is a debt certificate issued to investors when the government, financial institutions and industrial and commercial enterprises directly borrow money from the society and promise to pay interest at a certain interest rate and repay the principal according to the agreed terms. The essence of a bond is a certificate of debt, which has legal effect. There is a creditor-debtor relationship between bond buyers or investors and issuers. Bond issuers are debtors and investors (bond buyers) are creditors.
Bond is a valuable security. Because the interest of bonds is usually determined in advance, bonds are a kind of fixed-interest securities. In countries and regions with developed financial markets, bonds can be listed and circulated.
The face value of bonds refers to the face value of bonds, which is the principal amount that the issuer should repay to the bondholders after the maturity of bonds, and is also the calculation basis for enterprises to pay interest to bondholders on schedule. The face value of bonds is not necessarily the same as the actual issue price of bonds. If the issue price is greater than the face value, it is called premium issue; If it is lower than the face value, it is called discount; And if it is equivalent, it is called parity issue.