Chao News client reporter Chen Ye.
I bought it last year, and I lost money, which made my already not rich wallet even worse! In the new year, how can 'money make money'? Recently, Ms. Cai, a citizen of Hangzhou who holds a year-end bonus, is a little distressed.
In fact, there are not a few people who have the same troubles as Ms. Cai. In the past year, China's major banks lowered their deposit interest rates three times in June, September and December, and it is almost impossible to find deposit products with an annual interest rate of more than 3% on the market.
Entering 2024, what is the deposit situation of major banks? Which products are more popular? What are the characteristics of each? How should ordinary people invest and manage their finances? With these questions, the Chao News reporter conducted an investigative interview.
Visual China.
Some banks still need to "grab" 3-year large-denomination certificates of deposit
Before the Spring Festival, after consulting several banks in Hangzhou, the reporter found that large-value certificates of deposit were still in short supply.
According to the staff of the Industrial Bank, the bank's large-value certificates of deposit start at 200,000 yuan, and the annual interest rate of the products for 6 months is 19%, 2% per annum for 1-year deposits and 2% per annum for 3-year deposits6%。
The 3-year certificates of deposit have been sold out. The above-mentioned staff said that at present, short-term large-value certificates of deposit, such as: 3-1-year product quota, citizens can log in to mobile banking to purchase. "The quota of 2-year and 3-year certificates of deposit is very tight, and if you need to buy them, you can make an appointment with the financial manager of the branch in advance. ”
The reporter learned from the staff of the Industrial and Commercial Bank of China that the bank's large-value certificates of deposit are relatively sufficient, but after continuous interest rate cuts, the current interest rate of large-amount certificates of deposit with a maturity of more than two years is basically the same as that of time deposits.
Logging in to the ICBC APP, the reporter inquired and saw that the annual interest rates of the bank's 1-year, 2-year, 3-year and 5-year certificates of deposit were respectively. 4%；The bank's lump sum deposit is only 50 yuan, and the deposit interest rate of 1-year, 2-year, 3-year and 5-year deposits is. 4%。
A few days ago, the central bank lowered the reserve requirement ratio by 05 percentage points, after the RRR cut, the monetary policy will be relatively loose, and the market liquidity will also increase. For our bank, the cost of ** will gradually decrease, and according to the previous trend, the bank will most likely continue to cut interest rates after the RRR cut. The staff said.
The account manager of another joint-stock bank revealed to reporters that the interest rate of the bank's three-year large-amount certificate of deposit with a minimum deposit of 200,000 yuan is only 005%。"Large certificates of deposit are still in high demand, and they can only be bought by grabbing, and it is good for the elderly to have a higher interest rate. ”
In the course of the investigation, the staff of the bank told reporters that the deposit interest rate will most likely be lowered, and the reason why large-amount certificates of deposit are still in demand is that citizens can not only lock in income in advance, but also transfer money when they need it urgently.
It was sold out on the day of sale, and it was also difficult to "grab" treasury bonds
In addition to large-amount certificates of deposit, savings treasury bonds that can guarantee principal are also "hard to find."
Savings treasury bonds are the most non-negotiable registered treasury bonds issued to individual investors to meet the needs of long-term savings investment, which are divided into two types: certificate and electronic.
Traditionally, savings bonds are usually issued between March and November each year, and there is a limit to the number of issuances at any one time, and they have always been favored by citizens because of their safety, low purchase threshold and guaranteed returns.
The sales of treasury bonds have always been hot, and our outlets are generally sold out within half a day after the sale, and most of the large state-owned banks can grab the quota in one hour. A staff member of a joint-stock bank branch in Hangzhou said that the treasury bonds have a fixed customer base, and the buyers are mainly elderly people around 60 years old.
The reporter noticed that the interest rate on savings bonds in 2023 is also gradually declining, taking three-year treasury bonds as an example, the annual interest rate of the product will be 3% in March 2023, and it has dropped to 2 by November63%。And in November 2022, the three-year annual interest rate of the last batch of savings bonds was 305％。
In March, May and July last year, there was a brief chill in sales due to the sudden and sharp reduction in the interest rate on government bonds. But in the second month after the cut, the public accepted the new interest rate and immediately returned to the rhythm of rushing to buy! The wealth manager of the Hangzhou branch of Minsheng Bank recalled.
It is worth mentioning that the above-mentioned bank wealth manager said that savings bonds have two major advantages: first, electronic savings bonds are one of the few products on the market that can pay interest on an annual basis, which is suitable for the investment habits of some investors who deposit principal and withdraw interest; Second, if investors buy fixed deposits in the bank, once they withdraw in advance, they can only calculate interest according to the current interest rate, which is very uneconomical. However, if the treasury bonds are redeemed in advance, the interest can be calculated and paid according to the actual holding time and the corresponding tranche interest rate. Taking the two tranches of treasury bonds issued in November 2023 as an example, from the date of purchase, no interest will be calculated if the holding period is less than half a year, and the annual interest rate will be 0Interest is calculated at 35%, and the interest rate is 1 per annum for 1 year and less than 2 yearsInterest is calculated at 1%, and the interest rate is 2 per annum for 2 years and less than 3 years12% interest; The annual interest rate of holding the eighth treasury bond for 3 years but less than 4 years is 257% interest, 4 years but less than 5 years at an annual interest rate of 268% interest.
How to invest and manage money in 2024?
Xu Jie, financial manager of Hangzhou Branch of Industrial Bank, said in an interview with Chao News reporter that the recent fluctuations are relatively strong, and everyone's investment confidence will be hit to a certain extent, so the next main financial strategy is "stable", and the public can focus on some low-volatility financial products. These products have stable assets, stable net value and stable strategies, which can effectively enhance the investment and holding experience of customers.
The entire financial market is relatively powerful, the ** of assets is declining, and the risk appetite of investors is also declining. However, large certificates of deposit, time deposits, savings treasury bonds, which are very stable products, are more popular with ordinary investors. Dong Ximiao, chief researcher of Zhaolian, analyzed.
Dong Ximiao suggested that the public should balance the relationship between risk and return, and comprehensively allocate assets. If you want to get a higher return, then you should take a higher risk; If you don't want to take on higher risk, then you should accept a lower return. If the public pursues stable income, they can appropriately allocate cash management wealth management products, currency** and savings treasury bonds in addition to deposit products.
In addition, Dong Ximiao specially reminded that investment and financial management should be based on personal risk appetite, investment ability, investment experience and other foundations to do a good job in asset allocation. When investing, you must buy products that you understand, and you can't follow the crowd. Nowadays, many investors, especially young people, are prone to the "herd effect" when investing, and everyone will follow what they buy, which is not particularly desirable, and they must choose the right way for themselves in investment and financial management.
*Please indicate the source".