Ministry of Finance Announcement.
Red Net Time News September 8 (Reporter Xiao Juan) On September 6, the Ministry of Finance issued an announcement, deciding to issue the third and fourth savings treasury bonds for 2022 from September 10 to 19. The face annual interest rates of 3-year and 5-year treasury bonds are 3.05% and 3.22% respectively, with the maximum issuance amount of 15 billion yuan.
reporter checked the data and found that in recent years, the interest rate of savings treasury bonds has dropped three consecutive times: 3-year and 5-year treasury bonds have dropped from 3.4% and 3.57% at the end of last year to 3.05% and 3.22%. This means that if 100,000 yuan is also invested in treasury bonds, the cumulative income of the two periods will drop from 10,200 yuan and 17,850 yuan to 9,150 yuan and 16,100 yuan, respectively, the difference between the two is 1,050 yuan and 1,750 yuan.
Savings Treasury bonds ushered in the third rate cut this year
Savings Treasury bond interest rate situation.
In March this year, the interest rates of 3-year and 5-year treasury bonds were 3.35% and 3.52% respectively. The last savings treasury bond interest rates in November 2021 were 3.4% and 3.57% respectively, and both treasury bonds cut interest rates by 5 basis points.
In July this year, the interest rates of the two treasury bonds were lowered by 15 basis points from March, to 3.2% and 3.37% respectively. This rate cut is another 15 basis points lowering the treasury bond interest rate after the treasury bond interest rate was 15 basis points on July 10.
is roughly settled, savings treasury bonds have cut interest rates by 35 basis points three times this year.
Why are the yields of treasury bonds downwards? This is related to the current interest rate cut channel. This year, the 1-year LPR has been reduced from 3.8% to 3.65%, and the 5-year LPR has been reduced from 4.65% to 4.3%. The two periods of LPR have accumulated interest rates of 15 and 35 basis points.
The price of the loan interest rate market is transmitted to the deposit interest rate market, thereby driving the deposit interest rate to continue to decline and reducing bank costs from the liability side.
Treasury bonds and regular savings "inverted" and saving money may be more cost-effective
Although the yields of treasury bonds continue to decline, the sense of stability and security brought by "Golden-bian bonds" have many fans in the market, and they are almost instantly sold out for periods.
So, are there any products with higher returns on the market? For risk-averse investors, savings products included in deposit insurance are also "hot cakes".
reporter checked the official information of major banks and found that the whole deposit and withdrawal savings products launched by many banks are slightly higher than those of treasury bonds, and the yields of treasury bonds are inverted with regular savings. For example, Changsha Bank , Huarong Xiangjiang Bank 3-year and 5-year deposit and withdrawal deposit interest rates are 3.4%, and the 3-year interest rate of Bank of Communications is 3.35%, which is still 0.3% and 0.35% higher than the 3.05% interest rate of 3-year treasury bonds.
also has 100,000 yuan in funds, with a 3-year fixed deposit income of 10,050 to 10,200 yuan, and a cumulative income of 3-year treasury bonds of 9,150 yuan, and the former's income is 900 to 1,050 yuan. Moreover, unlike savings treasury bonds that have quota restrictions, savings deposits are supplied in large quantities, citizens can compare their investments and pay attention to the savings products launched by banks.
