Under normal circumstances, the market will be closed during the Spring Festival, so the net value will not fluctuate. So why do some ** generate income when the net value is updated after the Spring Festival? To this end, today I will share with you some small knowledge about the income during the Spring Festival.
The income of the Spring Festival based on the commodity base and the bond base "does not close".
* It is divided into many types, among which the most familiar Spring Festival income "does not close" ** is currency ** and bonds **.
Currency is mainly invested in the short-term currency market, which includes treasury bonds, central bank bills, commercial papers, bank certificates of deposit, short-term bonds, interbank deposits and other short-term valuables, and the interest of these products will not be affected by weekends and holidays. Therefore, the currency is not affected by the market closure and will also generate gains during the Chinese New Year.
In addition, bonds** will also generate income during the Chinese New Year. There are two main parts of the income of bonds: one is the capital gains income from the volatility of the bonds, and the other is the coupon income generated by the bonds. While capital gains gains are affected by the bond market closure, coupon income is also calculated on a daily basis.
However, it should be noted that ** to confirm the share and generate income is generally on the second trading day (T+1) after the subscription, so only ** who successfully subscribes before 15 o'clock on February 7, 2024 will receive the "Spring Festival Red Envelope".
Interbank Certificate of Deposit Index**
and Treasury reverse repo has a slight advantage
In addition to the above-mentioned conventional products, the interbank certificate of deposit index** and the reverse repo of treasury bonds, which have become increasingly popular in the market in recent years, will also generate income during the Spring Festival.
Interbank certificates of deposit refer to book-entry certificates of deposit issued by banks in the market, with a maturity of less than one year, and are short-term financing instruments of banks. Therefore, the income of this type of product is also the first to interest, and it will not be interrupted during the Spring Festival. Historically, the yield on interbank CDs** has usually been slightly higher than that of currencies**, but there is usually a 7-day holding period. However, investors do not need to worry, the Spring Festival holiday will also be included in the 7-day holding period, so there will be no impact on actual liquidity.
If you want to enjoy interest during the Spring Festival holiday, reverse repo of treasury bonds is also a good choice. Treasury reverse repo is to lend the available funds in the account through the treasury bond repurchase market to obtain a certain interest income, which is a short-term lending of funds, and the security is similar to that of treasury bonds. The maturity of reverse repo of treasury bonds is 1 day at the shortest and 182 days at the longest. If done properly, investors can lend 1 day of reverse repo of treasury bonds and enjoy the benefits of the entire Spring Festival holiday. Specifically, in the same way as **, on February 7, investors can generate income throughout the holiday regardless of the maturity of the treasury reverse repo (including the 1-day period). However, on February 6, it is necessary to buy at least 2-day reverse repo of Treasury bonds.
qdii** "To each according to his ability".
The various products mentioned above, whether it is currency**, bonds**, interbank certificates of deposit, or reverse repo of treasury bonds, are essentially income through interest. So what about the **class** investors with higher risk appetite, can they also have benefits if they hold the base to save energy? Indeed, for investors who invest in QDII**, they also have the opportunity to earn income during the Spring Festival.
QDII** means investing in overseas markets**. Due to the different holiday arrangements caused by cultural differences in different countries, there are many overseas markets that do not close during the Chinese New Year. So theoretically, as long as the corresponding market of the QDII** investment rises during the Spring Festival, then the QDII** investors also have the opportunity to receive the corresponding profits. But if the corresponding market falls, the loss will also not be able to run. Therefore, QDII** investors should "rely on their own abilities".
However, investors need to note that although the actual net value of QDII** fluctuates during the holiday, the net value of ** will not be updated in real time during abnormal trading hours, but will be settled after the holiday ends.
This article is from: **Star.