Short Term Financial Debt Restructuring Liquidation Trend

The stock market takes the bull, equity funds are in charge, and those short-term financial debt bases that neither have high returns nor have better liquidity are driven into the "cold palace" and are experiencing large-scale redemption.

Transformation and liquidation have become the main trend of ending the investment career in the short-term financial debt basis. Following the liquidation of the 7 short-term financial debt bases, such as huitianfu 28 days, and so on, recently, the Baode Everbright letter Tianli financial debt base is also going to announce the liquidation. According to the reporter's attention, there are still some "mini" short-term financial debt base on the market still hard to support, and no intention of terminating the operation is made.

Everbright Baode letter Tianli quarterly open financial debt base issued a notice recently, proposed to terminate the "Everbright Baode letter Tianli quarterly open short-term financial bond securities investment fund fund contract", which also means that Everbright Baode Tiantian Tianli quarterly open debt basis or will become the public offering market eighth active liquidation short-term financial debt basis.

Prior to this, huitianfu 28 days of financial management, 7 days of rich countries, 7 days of Huaan Xin, long profit 30 days and other short-term financial debt base have taken the initiative to liquidation.

According to data from Baode, the scale of Guangxi's letter to Tianli is only 59 million 915 thousand and 700 yuan at the end of the first quarter of this year, and it is close to 50 million yuan.

Many of the fund companies prefer to continue to survive through restructuring in a relatively straightforward way to end the end of the short-term debt management base through liquidation.

For example, the early pformation of the Huaan double month Xin short-term financial debt base was pformed into a monthly operation of Huaan Xin An Xin short-term financial management, while Wanjia's 14 day financial debt base was also pformed into a ten thousand daily wage Monetary Fund. Cathay Pacific's 6 month short term financial debt base was pformed into Cathay Pacific bond fund. According to the statistics of journalists, there are as many as 7 short-term financial debt bases currently in pition.

except

and

Outside, the "suspended operation cycle" has become more and more short-term financial debt basis of the stalling tactic. According to reporter statistics, up to now, there are 11 short-term financial debt base announced that the suspension of operation, such as the Great Wall gold rush year financial debt basis announced in April 30th, the first closure period expired after the temporary suspension, no longer accepted.

Arrangements.

In March 23rd, Fidelity's 3 month financial debt foundation, which has just operated for only one cycle, also made a move to suspend fund operation.

Data show that since the beginning of this year, the growth rate of the net value of the short-term debt financing base is only 1.7%, and the 7 annual yield is only 5.6%, although it is slightly higher than the 4.8% yield of the same period, but at the expense of liquidity, it seems that the cost performance is not high for most investors.

But even so, there are still many short-term financial debt base is still struggling, neither pformation, liquidation nor suspension of operation.

Flush iFinD data show that the livelihood of the people plus silver home surplus 7 days debt basis, as of the end of the first quarter of the scale of only 36 million 572 thousand yuan, has fallen below the scale of public funds 50 million yuan winding line.

The 7 day financing bond is only 11 million 734 thousand and 400 yuan at the end of the first quarter, and it can also be liquidated or pformed.

In addition, in 2012, huitianfu, which has the most short-term financial debt, was liquidated on the basis of a 28 day short term financial debt. However, its 14 day short term financial debt basis and the 21 day short term financial debt base were also very poor. The scale ended at the end of the first quarter and did not exceed 80 million yuan.

So, are there any short-term financial debt bases that are still sticking to these days? Is there a comeback day? Ma Yongjing, an analyst at Jinan Trust Fund Evaluation Center, looks at the gradual easing of the current capital interest rate. It is difficult for the smaller short-term financial debt to continue to operate. Although it can help to keep the scale from hitting the bottom line, it is actually a waste of the manpower and management resources of the fund company. It is not necessary for the fund to exist in the market.