Bank Financial Products Yield Rising Habit

　　 Bank financing Yield recovery

Similar to the annual market in December, on the eve of the Lunar New Year's Eve, the yield of bank financial products often rose, and this year's "tail up" market changed at the end of January.

It is noteworthy that although the increase is limited, according to the financial statistics of 360, the average expectation of financial products in the last week of January is expected. Rate of return After nearly four weeks of continuous decline (the first four weeks were 5.24%, 5.18%, 5.12%, 5.07%), not only the obvious drop, but also a slight increase, indicating that the yield of financial products began to pick up.

According to the statistics of the bank's network database, in the last week of January, a total of 775 RMB non structural financial products were sold on the market, with an average expected return of 5.21%, of which 31 products had an expected yield of more than 6% (inclusive), accounting for 4.08% of the total amount of RMB non structural financial products.

In fact, after entering the February, some small and medium-sized banks have more obvious signs of rainy days for the source of funds before the holiday. What is most obvious is that many banks began to uplift. financial products The expected rate of return. Take the Shanghai area as an example, in the first week of February, a total of 87 RMB financial products were pre sold, of which the highest expected yield was the "happiness 99 abundant surplus KF01 988th phase" product issued by the Bank of Hangzhou. The product is a non guaranteed floating income type with an investment period of 91 days. The expected maximum return rate is 6.2%, and the investment starting point is 50 thousand yuan.

　　 Catch up with high yield last bus

"As a fixed rate of return investment, the expected return on financial products in the near future is once again warmer, which is closely related to the tension of capital market." A joint-stock commercial bank product development department disclosed to reporters. In the industry view, the first quarter of the year is the peak period of traditional credit, which makes the demand for funds strong.

The central bank also reopened the open market operation in the late 1 months. On Tuesday, the central bank carried out a 30 billion day 7 day reverse repurchase operation in the open market, and then launched a 30 billion day 28 month reverse repurchase. Statistics show that as of last weekend, the central bank has totaled 110 billion yuan in capital investment.

The trend of Shanghai interbank offered rate (Shibor) after February has also shown that banks have recently become trapped in "tight money". In February 3rd, the Shibor interest rate continued to rise throughout the previous trading day. Overnight interest rates rose 6.54 basis points to 2.9544%; 7 day interest rates rose 13.63 basis points to 4.3933%; 14 days interest rates rose 0.99 basis points to 4.9189%.

In addition, the intensive issuance of new shares has added a "magic spell" to the recently strained capital market. Minsheng securities estimates that 24 new shares will be issued in February 9th, with a freeze of 2 trillion and 600 billion yuan.

"When the Spring Festival draws near and the year-end bonus will be issued to the public, the banks will also raise the rate of return in the form of Spring Festival holiday financial products for the purpose of absorbing deposits." A state-owned bank financial planner told reporters, "it is recommended that investors should seize the high yield last class bus of this financial product, timely purchase high-yield financial products to lock in high-yield, and after the Spring Festival, the yield of financial products is expected to return to a downward trend."

Niu Wen, an analyst with bank rate network, also suggests that investors can actively buy financial products that invest in the money market before the holidays, such as money market special investment plans issued by IMF, bank financial products, securities firms or trust companies.