"The German 3-year national bond is a medium-term national bond issued by the German government, also known as Schuldschein. The term of the national bond is 3 years, and it is a relatively low-risk, low-yield investment tool.
Investors who buy German 3-year government bonds borrow money from the German government, and the German government pays investors interest and repays the principal at maturity. Interest rates on the bond are relatively low, but since it is issued by the German government, it is an extremely safe investment with minimal credit risk.
The issuance of German 3-year government bonds is handled by the German Federal Debt Administration (Bundesrepublik Deutschland - Finanzagentur GmbH). The government bonds are usually issued once a month, and investors can purchase them through securities brokers or financial institutions. The minimum amount to buy German 3-year Bunds is EUR 1,000 and there is no limit to the maximum amount.
The rate of return of the Treasury bond is relatively low, but because of its low risk, many investors still use it as part of the investment portfolio. German 3-year Bunds have a relatively long maturity date and are therefore suitable for those looking for a safe investment in the medium to long term. At the same time, it can also be used as a portfolio stabilizer to help balance the risk of high-risk investments.
In short, the German 3-year government bond is a relatively low-risk, low-yield medium-term investment tool with a relatively low rate of return, but because of its extremely low credit risk, many investors still regard it as a part of their investment portfolio. "