The national debt I bought at ICBC is about to expire. I want to know whether I can receive the money in the morning or afternoon on the due date. About what time?

ICBC's national debt is generally paid at maturity, and the principal and interest will be automatically transferred to the account on the maturity date, and the specific arrival time cannot be determined.

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1. National debt, also known as national debt, is a creditor-debtor relationship formed by the state on the basis of its credit and in accordance with the general principles of debt. National debt is a bond issued by the state, a government bond issued by the central government to raise financial funds, and a debt certificate issued by the central government to investors, which promises to repay the principal and interest within a certain period of time. Because the issuer of national debt is the country, it has the highest credit and is recognized as the safest investment tool.

2. The function of national debt

The basic functions of national debt include fiscal function and financial function:

(a) to make up for the fiscal deficit, raise construction funds, and make up for the shortage of international payments;

(2) forming the market benchmark interest rate, which becomes the basis for pricing other financial instruments;

As a financing tool for institutional investors, it is used to adjust the short-term capital surplus and deficiency;

As an open market operation tool, it is used to adjust the supply and demand of funds and the circulation of money.

3. Advantages of national debt:

① High security of national debt: National debt has the highest credit rating. It is a bond issued by the central government, and the central government undertakes the obligation to repay the principal and interest, which is the embodiment of national credit, so it has the highest credit rating. Buying government bonds is a safer investment, even stronger than bank deposits.

(2) Stable income: The income from investment in national debt is mainly composed of principal and interest, about 3% per year. Of course, the national debt with different maturities is slightly different. The longer the time, the higher the rate of return, and of course the more difficult it is to realize.

③ Liquidity: Because the risk of national debt is low, it is highly liquid. When you need money badly, you can sell it immediately, which is as good as stocks.

4. Disadvantages of national debt:

Compared with stock bonds, the yield is lower. Because of high security, stable income and strong liquidity, the yield of national debt is really not high compared with the writing method of high income and high risk.