When will the funds for the reverse repo of Treasury bonds be withdrawn

At present, the reverse repo of treasury bonds in Shanghai and Shenzhen.

On the maturity date, the principal and interest are automatically returned to the ** account.

, funds are available (purchase**, etc.), and the next transaction on the maturity date is available and interest is available and withdrawn, and the withdrawal refers to the bank-securities transfer.

If the expiration date is a non-trading day, it will be postponed to the next trading day. If the 1-day reverse repo is operated on Friday, the funds will be available on Monday and can be transferred out on Tuesday.

The official website shall prevail.

After the maturity of the reverse repo of treasury bonds, the funds will be automatically returned to your account, and can be used to purchase on the same day of return**, and can only be withdrawn to the bank on the next trading day.

Reverse repo of treasury bonds.

It is a very low-risk investment, and in a specific period, the reverse repo of treasury bonds can have the equivalent of a fixed deposit of several Changbei banks.

But the reverse repo of treasury bonds has a fixed number of days, so can the reverse repo be directly withdrawn?

Can reverse repo be withdrawn in advance?

The funds of the reverse repo of treasury bonds cannot be withdrawn directly, and if you want to withdraw the funds, you need to wait for the next trading day after the end of the reverse repo. The definition of reverse repurchase of treasury bonds is: a treasury bond repurchase transaction is a transaction in which the buyer and the seller agree at a certain time in the future at the same time as the transaction is reversed.

It can be seen that the reverse repo of treasury bonds is an agreed act, and neither party can break the agreement without the consent of the other party.

with all ** accounts.

The same transaction, the funds of the reverse repurchase of treasury bonds cannot be withdrawn on the same day after they arrive in the account, and they can only be withdrawn on the second trading day, because China's ** transaction implements the T+1 settlement system. Therefore, if your capital demand has been tight recently, you should pay attention to the time of expiration when you do reverse repo, and if it is the fifth expiration of Xingweizhou, then the funds can only be withdrawn next Monday.

Reverse repo of treasury bonds.

The arrival time is the evening of the end of the period.

For example, a one-day reverse repo, after being sold during the trading hours of the day, will arrive in the evening of the same day. If you sell a 3-day reverse repurchase on the same day, then it will arrive in the evening of the third day.

N days for reverse repo, T + N days of funds can be used for transactions (such as the office to buy**, buy ** or continue to do treasury bond reverse repo), maturity date + 1 day funds can be transferred (transfer to the bank to access). After the maturity of the bond reverse repo, the funds will be automatically returned to the account without any operation during the period.

Reverse repo of treasury bonds.

The operation process is as follows:

Although the trading interface of each ** company is different, the reverse repo operation of treasury bonds is similar. Take a ** as an example, let's take a look at the process of reverse repo operation of treasury bonds:

1.After the shareholder account, click on the "Trade" interface;

2.Find the "Treasury Bond Financing (Treasury Reverse Repo)" option at the bottom of the trading interface and click to enter;

After entering, you can see various products of reverse repo of treasury bonds, including one-day and two-day ones. Next, let's take the "1-day cycle" as an example).

3.The "1-day period" product was opened;

4.After entering, in the "Annual Yield."

and enter the interest rate you want and the amount you want to invest in the "Participation Amount" field.

5.Once the input is complete, click "Place Order". In this way, the process of reverse repo operation of treasury bonds is completed.

OK. Reverse repo of treasury bonds.

The essence is a kind of short-term loan, in which individuals lend their own funds through the treasury bond repurchase market to obtain fixed interest income; The repurchaser, that is, the borrower, uses his own treasury bonds as collateral to obtain the loan, and the principal and interest are repaid after maturity, which cannot be redeemed in advance.

Therefore, the reverse repo of 7-day treasury bonds cannot be sold in advance, and after 7 days, the principal and interest will be automatically returned to the investor's ** account.

Further information: The formula for calculating the income of reverse repo of treasury bonds is: expected return = transaction amount * annualized return * interest-bearing days 365

In addition, the handling fee varies from 1/100,000 to 3/10,000 depending on the number of days of holding.

The operation of the day, the interest calculation on the same day, the operation is a few days of varieties, that is, a few days of opening payment, if it encounters a non-trading day, it will be postponed to the next trading day, the reverse repo of treasury bonds is essentially a short-term loan. In other words, individuals lend their funds through the treasury bond repurchase market to obtain fixed interest income; As for the repurchaser, the borrower uses his own treasury bonds as collateral to obtain the loan, and repays the principal and interest after maturity.

Treasury reverse repo is:

Enterprises hold treasury bonds, but the treasury bonds cannot be spent as money, but enterprises want funds, so they pledge the treasury bonds in exchange for funds.

We have a certain amount of money in our hands, and the company mortgages the treasury bonds to my seepage letters, and we lend them the money.

After maturity, the enterprise redeems the treasury bonds, and the investor recovers the funds and receives additional interest income. The security of reverse repo of treasury bonds is super strong, which is basically equivalent to that of treasury bonds.

The process of operating reverse repo only requires us to submit an application on the ** software, and some subsequent operations, including repaying government bonds, getting interest, etc., are automatically completed, which is very convenient.

When is the right time to operate the reverse repo of treasury bonds? Can you get a higher return?

Here are 3 lessons learned:

1) Generally between 9:30 a.m. and 10:00 a.m., **higher, close to 3:30**, **tends to go lower.

This is very easy to understand, and when it comes to one day, the yield of the reverse repo of Treasury bonds in the morning.

Generally, it is higher, and there are more orders near **, especially after 2:30, so it is not recommended to operate the reverse repo of treasury bonds between 2:30 and 3:30.

2) Generally on Thursday, there is the end of the month, the end of the quarter, the end of the year and the eve of the holiday, the market is tight, and the reverse repo of treasury bonds will be relatively high at this time.

At these points in time, there is a "shortage of money" in the market, everyone needs money, and the bids are often very high.

3) It is not recommended to operate some reverse repos for 28 days or more.

The lending cycles of reverse repo of treasury bonds are:

1 day, 2 days, 3 days, 4 days, 7 days, which is a relatively short cycle. 28 days, 91 days, 182 days, this is a relatively long cycle. In the past, the yield of these varieties of more than 28 days is not necessarily high, since the time period is longer, but the yield is not high, so it is recommended to do two days and three days, and 7 days of reverse repo of treasury bonds.

The reverse repo operation time is the same as that of ** opening position, that is, 9:30-11:30 a.m. and 11:00-15:00 p.m. every working day; Judging from the previous rules and plates, the best time period is before 14:30 every day.

Extended Information:1How to buy the most cost-effective reverse repo of treasury bonds?

The interest rate of the reverse repo of treasury bonds in the morning is generally higher than the interest rate of the reverse repo of treasury bonds in the afternoon, so it is more cost-effective to buy in the morning; In the week.

Fourth, it is better to buy on Friday or 2 days before holidays. Because the actual number of days and interest-bearing days are different, the number of days occupied by funds purchased before weekends or holidays is small, but the number of interest-bearing days is high, so it is the most cost-effective to buy; When interest rates rise, the yield on buying is relatively high, and it is more cost-effective to buy at this time. ”

2.The average one-year return of treasury reverse repo: "The one-year return is about 3%, and often before the holidays, investors in the reverse repo of treasury bonds will stare at the annualized yield of 1-day, 2-day, and 3-day periods, because the annualized yield of more than % can be reached in a short period of time.

But in fact, the long-term period, 14-day, 28-day, 91-day, 182-day period is also abnormal, often in a good time, the annualized rate of return can exceed %, from a comprehensive point of view, the long-term annualized rate of return is on average much higher than the short-term annualized rate of return, more cost-effective. ”

3."There are three main ways for novices to buy Treasury bonds:

Purchase at the bank counter: bring your ID card and bank card (passbook) to the bank counter on the date of sale of treasury bonds;

Buy in **Account: Enter the corresponding Treasury Bond ** and the amount you want to ** to subscribe".

4.What are the pros and cons of buying treasuries?

Benefits: Treasury bonds are less risky, generally known as "risk-free rate of return", the yield of treasury bonds is stable, the annualized return is about 3% (subject to the product), treasury bonds are highly liquid, certificates and savings can be redeemed in advance, there will be certain fees or interest deductions for early redemption, and electronic treasury bonds can be sold directly online.

Disadvantages: The treasury bond purchase platform is relatively simple, mainly purchased in banks, and the maturity of treasury bonds is long, and the interest difference will be lost if it encounters special circumstances such as interest rate hikes.

Reverse repo of treasury bonds. OperationIt is divided into treasury bond reverse repo operation channels, treasury bond reverse repo operation methods and examples of treasury bond reverse repo operations.

Reverse repo of treasury bonds. Operational approach

Customers can use various orders such as online trading, entrustment, and mobile entrustment during trading hours.

Reverse repo of treasury bonds. How it works:

1. Method: Place an order by yourself.

2. Trading direction: sell.

3. **: Repurchase**.

4. **: Expected annualized interest rate.

5. Entrusted quantity unit: Zhang.

Treasury reverse repo**: Treasury reverse repo transactions are based on the annualized expected expected rate of return**.

In the case of a Treasury reverse repo transaction**, the value of the annualized expected expected return of the funds is directly entered.

Shanghai ** Exchange.

The minimum ** change in the reverse repo transaction of treasury bonds is or its integer multiple.

Shenzhen ** Exchange.

The minimum ** change in a reverse repo transaction is or an integer multiple thereof.

Amount of Treasury Reverse Repo: **The Exchange stipulates the amount of Treasury Reverse Repurchase Transaction in which both parties to the Treasury Reverse Repurchase Transaction participate in the entrusted trading of Treasury Bond Reverse Repurchase Transaction.

The Shanghai ** Exchange stipulates that the number of entrusted transactions for participating in the reverse repurchase transaction of treasury bonds is: the number of transactions must be 100 lots (1 lot is 1,000 yuan standard bonds), that is, the face value of 100,000 yuan and its integer multiples, and the maximum number of a single declaration shall not exceed 10,000 hands, and the declaration that does not meet the requirements of the transaction quantity shall be invalid.

The trading unit of the reverse repurchase of treasury bonds on the Shenzhen ** Exchange is stipulated to be a total face value of 1,000 yuan (i.e. 1 lot) and its integer multiples.

Example of reverse repo operation of treasury bonds

For example: Shanghai Stock Exchange.

One-day repurchase of treasury bonds reverse repurchase, with a loan of 100,000 yuan and an expected annualized interest rate of 3%.

Order direction: Sell.

****：204001

Order: 3 (buyback, and the number seen in the system).

Number of orders: 1000

Summary of reverse repo operations on treasury bonds

The specific methods of treasury reverse repo operations include placing orders by yourself, selecting the direction of treasury reverse repo transactions - selling, selecting treasury bond repurchases, and selecting the number of treasury bond reverse repo orders.