Yesterday afternoon, there was news that a new round of deposit rate cuts was about to land. The big state-owned banks will cut the deposit rate from December 22, and careful people may be able to find that the last deposit rate cut was three months ago, and this deposit rate cut is the same as the last time, and it is also for long-term deposits, that is, the longer the term of your deposit, the greater the reduction.
Previously, the annualized interest rate of many large state-owned banks was 265%, 2 if lowered by 30bp35%, the market has also calculated an account, if you deposit 200,000 yuan in a three-year large-amount certificate of deposit, the interest in these three years will be reduced by 1,800 yuan.
If this figure is singled out, it means that the annualized interest rate of the three-year large certificate of deposit was 265%, and from today it becomes 235%, which feels like a considerable reduction, so why is there such a big reduction in the interest rate on deposits with longer maturities?
I have always felt that it is often said that to reduce the financing cost of the real economy, behind this interpretation must be to reduce the deposit interest rate, because only when the deposit interest rate is down, the bank will simultaneously reduce the loan interest rate, for the bank to maintain the interest rate spread is necessary, then for ordinary people, your deposit interest will be reduced.
After all, the current economy has a typical characteristic, that is, everyone does not consume, nor invest in financial management, they feel that the money is safe in the bank, so most of the deposits are more inclined to time deposits, the time period is a little longer, so that you can get more risk-free returns, when everyone does this, the pressure on the bank is relatively greater, and everyone does not consume and invest in the economy itself.
Therefore, in this case, the only way to change this market characteristics is to further reduce the deposit interest rate, especially for deposits with a relatively long deposit period and fixed deposits, the interest rate reduction is a little larger, the purpose is to activate the money to do some work, either to invest, or to consume, there are many ways to invest, such as buying ** or **, consumption can buy a car, buy a house, etc., these are specific ways.
Seeing that someone here must be laughing, who still dares to buy **and**, in fact, I think this is not too early, when the deposit interest rate continues to fall to a certain extent, when the environment of the a** field becomes investable, you see if everyone will enter the market at that time, the three views of investors often follow the market and change, which cannot be compared with the current situation.
From this point of view, the positive effect of interest rate cuts is still very great, after all, there will be a gradual process of change in various investment ecology, especially in the current situation that A-shares have broken a new low for about a year, no matter how bad it is, I think the deposit interest rate will be lowered again, plus A-shares have broken the low point at the end of October last year, in the expectation that the interest income will be less and less, it cannot be ruled out that part of the deposit will flow into A-shares, at least one gambling ***
With this logic, if you look at the market yesterday, it may be logical, and you will feel that the magnitude and timing of this interest rate cut are just right, which will naturally constitute a certain benefit to A-shares.
If only from yesterday's A-share situation, it does not seem to be enough to prove that the market will stabilize in the short term, after all, whether the yang line is from the strength or the market transaction, or did not have an immediate effect, whether it can maintain the ** for the time being is still unknown, it depends on whether we can make persistent efforts today, with yesterday's disk characteristics, a considerable part of the core assets have obvious funds** This kind of bottoming up is obviously different from the past bottoming up, which is worth thinking about seriously, from this point of view, I think today's ** is still expected to continue to maintain a relatively large probability.
Disclaimer: The content in this article is for reference only and does not constitute any operational advice or tips