As the bond market strengthens, what kind of trust products are being welcomed again?
According to public information, a total of more than 2,000 products were issued in January, and the month-on-month increase and scale are declining. Among them, the number and scale of non-standard products have declined, but the speed and scale of the issuance of standard trust products have seen double-digit growth.
There are some seasonal reasons for this, because some trust companies will issue a large number of non-standard products at the end of the year in order to rush the scale. The corresponding standard trust products are more at the end of the year, and the market sentiment is relatively conservative. However, fixed-income standard trusts are more popular, mainly due to the continued strength of the bond market.
Therefore, for standard trusts with fixed income, the number and speed of their issuance are obviously accelerating. At present, the entire market, the number of standard trusts issued and non-standard products are basically in a state of parity, which is difficult for us to imagine before. Because at the beginning, whether it was an investor, a practitioner or a trust company, the standard trust was relatively resistant, but after several years of development, the concept of the entire market is changing.
Therefore, we now see that the scale of standard trusts is constantly growing, because for standard trusts, the regulator is encouraged. For non-standard, the regulatory layer is to suppress, so for trust companies, to meet the requirements of supervision, then standard trust is one of the main directions of trust companies' future business transformation, this is the trend.
So we will now see that the acceptance of this kind of portfolio bonds is increasing in the market as a whole. Some trust companies will also have a smoothing reserve system, so their income is relatively stable, so now many investors are slowly understanding this kind of products.
However, there are many risk points for this kind of portfolio bond products, and if you don't choose well, then you will still face some risks. This has been talked about in the past, if you are interested, you can take a look at the past. If there is anything unclear, you can also leave a message in the comment area, and we will reply to you as soon as possible.