Bank Lanchu withdraw troops fighting the sharp short-term financial products has shrunk

 End of last year the bank was once popular high-yield short-term financial products in the year 2011, it disappeared the first week, short-term rate of return financial products began to come down substantially.

Academy of Social Sciences Centre for financial products to data released yesterday, New Year's first week total of 20 commercial banks to issue wealth management products 179 models of ordinary, average period of 0.32 years entrusted with the previous period longer than 0.06 years; banks the highest expected rate of return on average 2.93%, compared with the previous period fell by 23 basis points. Among them, the bond market, wealth management products, issued a total of 74 models, the highest expected return is 2.93%, a decrease of 49 basis points; combination of asset management products a total of 68 models, the average expected maximum yield was 3.18%, down 15 basis points; foreign currency bonds and currency markets products for sale in 30 models, the highest expected rate of return on average 2.27%, down 50 basis points.

in just a few weeks before the end of 2010, deposits of banks due to white-hot state of war, period of 14 days and 14 days following issuance ultra-short-term financial products once soared, expected annualized yield has been rising. Information based on wind statistics, 20 December 2010 3 January 2011 period, the expected annual yield of more than 6% (inclusive) financial products, there are 3, 12 at the end of 2010 issued by the ultra-short-term financial products ; another short-term financial products over 5 years of the expected rate of return of 5% (inclusive) to 6%; expected rate of return of 4% (inclusive) to 5% of the large number of ultra-short-term financial products, to 20. And in early December last year, a period of 14 days and 14 days following the expected ultra-short-term financial products annualized rate of return is generally lower than 2%.


industry sources, the examination into the pressure ceased to exist after the New Year deposits, financial products, income distribution and the expected duration of the expected return to normal within.

according to central bank announced on January 11 2010, financial statistics, last December yuan of new deposits eventually fixed in 944.9 billion yuan, an increase of 442.8 billion yuan, compared with November last year, the chain also increased significantly 352.3 billion yuan. And into the 2011 hurricane was the end of the market lending rate between banks has also crashed the significant downturn in the inter-bank market funds face began to become calm. In addition, with the gradual release of new loans this year, notes straight monthly interest rate is also attached to the end of the year from a peak of 7%. Gradually dropped to 4.5% yesterday. .

(This article Source: Securities Times Online on: Rock Off)