In the past, the issuance period of large-sum certificates of deposit was less than a few days, and more than one or two days. Now it has been extended to nearly two months. The reporter learned yesterday that with the arrival of the second quarter, a new issue of large deposit certificates has been issued in Rong bank one after another. Compared with the first quarter, the issuance period of new large deposit certificates has been longer.
This month, Fujian Strait Bank began to issue the second issue of personal large deposit certificates this year, with a term of one month, three months, one year and three years, with interest rates of 1.53%, 1.56%, 2.12%, 3.86%, both the term and interest rate are consistent with the previous period, among which the interest rate is 41.8% higher than the central bank’s benchmark interest rate, but the issuance period of the second period is more than 50 days. Huaxia Bank is issuing the fifth phase of personal large deposit certificate, with a term of 3 months, 6 months, 1 year and 2 years. The corresponding annual interest rates are 1.562%, 1.846%, 2.13% and 2.94%. The interest rate is 42%, 42%, 42% and 40% higher than the benchmark interest rate of the central bank, and the issuance period is slightly shorter.
Of course, what is slightly different from bank financial products is that large-sum certificates of deposit begin to bear interest from the date of purchase, so the length of issuance period does not affect the actual income. Bank General wealth management products need to start interest counting after the end of raising. If the raising cycle is long, they will be purchased at the beginning of the raising period, products with a short investment period will obviously dilute their income due to a longer raising cycle.
Financial planner of Rongcheng bank analyzed that the interest rate of large deposit certificates generally rose 40% higher than the benchmark deposit interest rate, so it has advantages in income, but the individual purchase threshold is as high as 300,000 yuan, and the unit purchase threshold is as high as 10 million yuan, it is difficult for ordinary consumers to participate, so personal large-sum certificates of deposit will not be sold out in a short period of time.
Different from large-scale certificates of deposit, the threshold of bank financial products is 50,000 yuan, while Treasury bonds can be bought as long as there are several hundred yuan, which is almost suitable for all investors. Therefore, the more friendly saving bond was once again “seckill”. Last Sunday, the first batch of electronic Treasury bonds were issued this year, and the selling rate exceeded the expectations of the banking industry-due to the sharing of quotas among different branches of the same bank, many bank outlets in Fuzhou had not handled a business and the quotas had been robbed.
The last wave of “seckill” in saving Bond appeared in 2011. After five years, the “seckill” Tide hit again.
In this regard, many banks in Rongcheng pointed out that at present, the income of bank wealth management products has dropped again and again, and the average expected return rate is approaching 4%. Many elite investors have turned to buy saving bond. At the same time, the market still has the expectation of cutting interest rates, citizens are worried that the yield of deposits, government bonds and other products will be further lowered, and they will quickly buy government bonds to lock in the yield.
Citizens who have not bought government bonds need not be too disappointed. There are still seven opportunities to buy government bonds this year. According to the 2016 National debt issuance schedule published by the Ministry of Finance, saving bond will be issued almost every month. In May, September, and November, the issue is voucher Saving Bond, June, July, August, the electronic saving bond was issued in October.