Holiday Financing, Ultra Short Term Products Become Capital "Safe Haven"

This weekend coincides with the end of the month and meets the May 1 holiday. Recent Stock market quotation Not optimistic, under the stimulus of a series of bad factors, the market is undergoing adjustment. And every holiday season, there are always some unexpected factors. After the holidays, the trend of the stock market is hard to grasp. For investors, lowering their positions is a wise choice. To reduce this part of the fund, financial experts suggest buying banks' ultra short term financial products, which will not only ensure the liquidity of the funds, but also facilitate the post harvest management. Stock market transaction Opportunities will yield relatively high returns.

This year, under the expectation of raising interest rates, banks financial products The characteristics of ultra short term are obvious, and with the tightening of bank liquidity, the yield of ultra short term financial products has also been increasing in order to attract more financial capital and other factors. According to Puyi wealth statistics, last week (April 18th to April 24th), a total of 16 banks issued 101 RMB bonds and money market financial products, the average expected annual yield of 1 months is 3.09%, the average annual expected rate of return from 1 months to 3 months is 3.81%, the average annual expected rate of return from 3 months to 6 months is 4.13%, and the average annual expected rate of return from 6 months to 6 years is 4.13%. "Compared with the bank's time deposits and notice deposits, the yield of ultra short term financial products is becoming more and more obvious, and this trend is expected to continue." Everbright Bank (601818) financial experts said.

In the past, in the context of deposit loan ratio monthly assessment, banks will focus on the issuance of ultra short term financial products at the end of the month and the end of the season to rush to scale. However, as the CBRC stipulates the average daily loan to deposit ratio, the issuance of ultra short term financial products is showing a trend of "routine". Many banks no longer concentrate on Issuing many super short-term financial products at the end of the month. Take China Merchants Bank (600036) as an example, a number of ultra short term financial products were issued in early, mid and late this month. On the 25 day, China Merchants Bank issued the latest financial product, "daily surplus 15", with a product investment period of 4 days, with an expected annual yield of 3.5%, while the other "daily profit 16". The expected annual yield of 3 days is 3.4%. The yield of these products is very significant compared with that of bank deposits, so they are usually sold out in a few minutes.

"The daily issuance of banks' ultra short term financial products is a good thing for investors, and idle funds can be flexibly arranged according to needs." The above financial experts of Everbright Bank said. However, the expert cautioned that investors must calculate the time when purchasing ultra short term financial products. In particular, the expiration date of some products coincides with the weekend, such as the expiration of Friday and the arrival of Saturday, but on the day of rest, there is no way to make other operations on this part of the fund. If the rate of return of the product itself is not very high, it may delay the whole rate of return due to the delay of two days.

Compared with these ultra short term financial products, many banks now have T+0 financial products. These T+0 financial products can basically buy and redeem every day except weekend, so liquidity is also better, and the yield is greater than the notice deposit. The reporter understands that at present, banks including Bank of communications, Bank of Shanghai and China Merchants Bank have such financial products that can be provided. Investors can buy and redeem online banks whenever they want to open online banking.

It is understood that the Bank of Communications (601328) T+0 financial product name is "Tian Tian Li", the investment threshold is divided into A 50 thousand yuan and B 500 thousand yuan, A section of the current annualized rate of return is 1.45%, B section of the current annualized rate of return is 1.6%, the purchase and redemption time is Monday to Friday 8:45 to 15:20. China Merchants Bank's T+0 financial product name is "daily profit", the investment threshold is also 50 thousand yuan, the current annualized rate of return is 1.8%, the purchase and redemption time is Monday to Friday 9:00 to 15:30. The Shanghai bank's T+0 financial product name is "easy elves", the investment threshold is 100 thousand yuan, the current annualized rate of return is 3.32%, the purchase and redemption time is Monday to Friday 9:00 to 14:30. In addition, Shanghai bank currently only issues T+0 financial products for VIP customers whose assets exceed 300 thousand yuan.