news

한어Русский языкEnglishFrançaisIndonesianSanskrit日本語DeutschPortuguêsΕλληνικάespañolItalianoSuomalainenLatina

recently, interbank certificates of deposit financial products have become popular.

data shows that 188 interbank certificates of deposit wealth management products have been issued this year, and the number of such products has approached 400. the average annualized rate of return of such products in the first half of the year was 2.32%, becoming an important investment direction for low-risk investors. what are interbank certificates of deposit wealth management products? can they be regarded as a "principal preservation" option like deposits? why has the number of issuances increased recently?

before answering these questions, we must first explain what interbank certificates of deposit are.

when ordinary people deposit money in a bank, the bank will issue a deposit certificate, also called a deposit certificate. when the deposit behavior occurs between banks, the deposit certificate obtained is an interbank deposit certificate. since the subject is a bank, the credit risk level is low and the amount of funds is relatively large, the interest rate of interbank deposit certificates is generally higher than the interest rate of bank time deposits. in addition, the duration of most interbank deposit certificates is within 1 year, with short terms, good liquidity and flexibility.

at the same time, interbank certificates of deposit are internationally known as large transferable certificates of deposit (cds), which means that interbank certificates of deposit can also be traded in the secondary market, with a general threshold of more than 10 million yuan. issuers are usually deposit-taking financial institutions such as commercial banks and policy banks, while investors who provide money are usually banks, securities companies, insurance companies, funds and other financial institutions.