Holders of RS government bonds are required to submit special tax forms when interest is paid. For all other bonds, foreign and domestic, tax is automatically deducted. Pointless bureaucracy. Extremely unattractive for investors. It is unacceptable that holders of RS bonds should have to pay tax on the interest they receive, since they are already financing the budget anyway. There is a lot of demand for government bonds from private individuals, with interest rates like this, even lower! This would also transfer money from the banks to the capital market and provide additional resources to finance the budget. In short, RS bonds: the pointlessness of the additional bureaucracy of declaring interest, the pointlessness of taxing RS bonds. I believe that if there were no tax and no bureaucracy, individuals would break up bonds with an interest rate of 4% or more, and the State would have liquid funds for the budget.