Why are major banks suspending the issuance of three year certificates of deposit this year, and wha

Too long, too fast the interest rate. The epidemic has caused the global economy to become unstable, and the long-term economy is not clear, and banks have temporarily given up three-year deposit orders for safety, which also shows that banks are also very cautious in the face of the epidemic.

It shows that the bank's liquidity is sufficient, and if the bank's liquidity is not strong, the bank will try its best to attract deposits; Certificates of deposit (CDs) are the best way for banks to collect deposits. The purpose of banks not to issue three-year certificates of deposit is obvious, that is, to encourage people to focus on short-term deposits, and not to encourage people to choose long-term deposits.

Because the liquidity of the market has greatly increased, the demand for medium and long-term deposits has greatly decreased when banks have abundant funds; Relying on the reform of the LPR interest rate, the income of commercial banks is mainly higher than the interest rate difference between deposits and loans, and the interest rate on loans will fall, and the deposit interest rate will also fall, and large certificates of deposit may lead to bank losses.

By comparing the interest rates of the following banks with a minimum deposit of 200,000 yuan for 3 years, we can see that the highest interest rates are: Industrial Bank, Everbright Bank, Minsheng Bank, Huaxia Bank, Bank of Hangzhou, Bank of Nanjing, Bohai Bank, Bank of Qingdao, We-Business Bank, etc., but the most to go to the bank for consultation is basically not the highest point. Generally speaking, the interest rate of smaller banks is higher than that of the five major state-owned banks, and the larger the deposit amount and the longer the maturity of the bank, the higher the interest rate.

Because the epidemic is not very good now, it is difficult to do business, if you have spare money in hand, a large deposit is also a good way to manage your finances.

List of interest rates for large certificates of deposit of major banks in 2022.

Bank of China: minimum deposit of 200,000, maximum annual interest rate for 3 years;

Industrial and Commercial Bank of China: 200,000 deposits. The maximum interest rate for 3 years is;

Agricultural Bank of China: 200,000 deposits, the highest interest rate for 3 years is 3 85%;

China Construction Bank: 200,000 yuan deposit, the highest interest rate for 3 years is, but the minimum deposit must be 300,000 yuan;

Bank of Communications excavated back, 200,000 deposits Zheng San, the highest interest rate for 3 years is;

China Merchants Bank, with a minimum deposit of 200,000 yuan, the highest interest rate for 3 years is 3 85%;

China CITIC Bank, with a minimum deposit of 200,000, the highest interest rate for 3 years is 4 1%;

Industrial Bank: The minimum deposit is 200,000, and the maximum interest rate for 3 years is 4 18%;

China Guangfa Bank, with a minimum deposit of 200,000 yuan, the highest interest rate for 3 years is;

Shanghai Pudong Development Bank, with a minimum deposit of 200,000, the highest interest rate for 3 years is 4 18%;

Summary of the interest rates of the four major banks on large certificates of deposit in 2022.

Industrial and Commercial Bank of China's 10,000 personal large-value certificates of deposit.

3 months p.a. 6 months p.a. interest rate 1 year p.a. 2 years p.a. interest rate for 3 years.

10,000 personal certificates of deposit.

Three-month p.a., six-month p.a., one-year p.a., two-year p.a.

10,000 personal certificates of deposit.

2 years APR for 3 years.

Agricultural Bank of China's 10,000 deposits of personal large-amount certificates of deposit.

Three-month p.a., six-month p.a., one-year p.a., two-year p.a.

10,000 personal certificates of deposit.

3 months p.a. 6 months p.a. interest rate 1 year p.a. 2 years p.a. interest rate for 3 years.

10,000 personal certificates of deposit.

Three-year annual interest rate.

10,000 personal certificates of deposit.

6 months p.a., 1 year p.a., 3 years p.a.

Not necessarily. Taking China Merchants Bank as an example, the issuance period of large-denomination certificates of deposit in 19-year 0445, 0444, 0443, 0442 and 0441 is from October 1, 2019 to January 1, 2020.

China's first batch of large-denomination certificates of deposit was issued on June 15, 2015, and the first batch of issuers includes nine banks, including Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank, Bank of Communications, Shanghai Pudong Development Bank, CITIC Bank Tan Oak Bank, China Merchants Bank and Industrial Bank, all of which are core members of the self-discipline mechanism for market interest rate pricing. At present, it has been expanded to many banks.

Extended Information] Large-value certificates of deposit refer to a kind of large-amount certificates of deposit issued by banking depository financial institutions to individuals, non-financial enterprises, government agencies, etc. Different from general certificates of deposit, large-denomination certificates of deposit can be transferred before maturity, with a term of not less than 7 days, a high investment threshold, an integer amount, and a higher interest rate than time deposits of the same maturity, China's large-denomination certificates of deposit were officially launched on June 15, 2015, denominated in RMB.

The introduction of large-denomination certificates of deposit is conducive to orderly expanding the scope of market-based pricing of debt products and improving the market-oriented interest rate formation mechanism. It is also conducive to further exercising the independent pricing ability of financial institutions, cultivating the market-oriented pricing concept of retail market participants such as enterprises and individuals, and making useful explorations and accumulating valuable experience for continuing to promote the marketization of deposit interest rates. At the same time, it is also of positive significance to promote the reduction of social financing costs by gradually replacing high-interest rate negative debt products such as ** finance through standardized and market-oriented large-amount certificates of deposit. In view of this, the People's Bank of China decided to launch the large-value certificate of deposit product on June 15, 2015, and formulated the Interim Measures for the Administration of Large-value Certificates of Deposit (hereinafter referred to as the "Measures").

Interim Method: In order to standardize the development of large-value certificates of deposit business, broaden the scope of market-oriented pricing of liability products of depository financial institutions, and orderly promote the market-oriented reform of interest rates, the People's Bank of China has formulated the "Interim Measures for the Administration of Large Deposit Certificates", which are hereby promulgated and will come into force on the date of promulgation.

Hello dear, I am glad to be able to answer for you, a list of interest rates for large certificates of deposit of major banks in 2022. Bank of China: minimum deposit of 200,000, maximum annual interest rate for 3 years; ICBC:

200,000 minimum deposit. The maximum interest rate for 3 years is; Agricultural Bank of China: 200,000 deposits, the highest interest rate for 3 years is; CCB:

200,000 minimum deposit, the highest interest rate for 3 years is, but must be 300,000 minimum deposit; Bank of Communications, with a minimum deposit of 200,000 yuan, the highest interest rate for 3 years is; China Merchants Bank, with a minimum deposit of 200,000 yuan, the highest interest rate for 3 years is; China CITIC Bank, with a minimum deposit of 200,000, the highest interest rate for 3 years is; Industrial Bank: 200,000 minimum deposit, the highest interest rate for 3 years is; China Guangfa Bank, with a minimum deposit of 200,000 yuan, the highest interest rate for 3 years is; Shanghai Pudong Development Bank, with a minimum deposit of 200,000 yuan, the highest interest rate for 3 years is; Everbright Bank, with a minimum deposit of 200,000 yuan, the highest interest rate for 3 years is; Minsheng Bank, with a minimum deposit of 200,000 yuan, the highest interest rate for 3 years is; Huaxia Bank, with a minimum deposit of 200,000 yuan, the highest interest rate for 3 years is; Bank of Hangzhou, with a minimum deposit of 200,000 yuan, the highest interest rate for 3 years is; Bank of Nanjing, with a minimum deposit of 200,000 yuan, the highest interest rate for 3 years is; Bohai Bank, with a minimum deposit of 200,000 yuan, the highest interest rate for 3 years is; Bank of Shanghai, minimum deposit of 200,000, the highest interest rate for 3 years is 4%; Bank of Beijing, with a minimum deposit of 200,000 yuan, the highest interest rate for 3 years is 4%; Bank of Qingdao, with a minimum deposit of 200,000 yuan, the highest interest rate for 3 years is; Huishang Bank, with a minimum deposit of 200,000 yuan, the highest interest rate for 3 years is.

Summary. Hello dear! We're happy to answer for you!

The big four banks have cancelled the three-year large-denomination certificates of deposit, and the pro-four banks have restricted the sale of large-denomination certificates of deposit, but they have not completely canceled them. Large-denomination certificates of deposit (CDs) are a new financial management method launched by banks in 2015, and are the basis for large-amount deposits issued by depository institutions in the banking industry to non-financial organizations such as individuals. Certificates of deposit (CDs) have always been favored by the public due to their security and profits.

However, in the purchase of large-amount certificates of deposit, we should also pay attention to the transfer method, some are not allowed to be transferred, and the flow is relatively poor, which is a point worth noting.

Hello dear! We're happy to answer for you! Fourth, the big bank has canceled the three-year large-value certificates of deposit, and the four big banks have restricted the sale of large-value certificates of deposit, but they have not completely canceled them.

Large-amount certificates of deposit are a new financial management method launched by banks in 2015, and are the basis for large-amount deposits issued by banking depository institutions to individuals and other non-financial organizations. Certificates of deposit (CDs) have always been favored by the public due to their security and profits. However, in the purchase of large-amount certificates of deposit, we should also pay attention to the transfer method, some are not allowed to be transferred, and the flow is relatively poor, which is a point worth noting.

The central bank has introduced an interest rate cut policy to lower the profit margin of loans, and in this context, the yield of wealth management products will also decline. However, the three-year large-denomination certificate of deposit has always taken high profit margins as the main advantage to attract customers, which makes banks bear great operating pressure and operational risks. At the same time, the Ministry of Financial Supervision and Management has also issued a series of restrictive policies on large-value certificates of deposit, increasing the lack of supervision over large-amount certificates of deposit.

Under this dual effect, the big four banks began to gradually eliminate the sale of large-value certificates of deposit.

How much the lending rate has been reduced.

How much is now.

In 2022, the People's Bank of China lowered the benchmark interest rate for RMB loans of financial institutions, and the one-year loan interest rate was lowered by a percentage point. The interest rate of the personal housing provident fund loan remains unchanged.

What are the current interest rates of the four major banks, as well as the interest rates on large certificates of deposit for 3-5 years, and the interest rates on treasury bonds.

The interest rates of one-year deposits, two-year deposits, three-year deposits, and five-year deposits of major banks are respectivelyAbout 2%. Higher interest rates may be reached. The interest rate of the Li Difference Leakage Certificate of Deposit is slightly higher than the interest rate of the same term, but the minimum investment amount is higher, generally 200,000 yuan.

Treasury interest rates. The annualized interest rate of the five-year treasury bond is, and the annualized interest and loss and old rate of the large deposit and sales increase order, which of the four major banks are now high, and the other banks are high.

What about the 10-year Treasury bonds.

The 10-year Treasury rate is.

In 2023, major banks will successively release large-amount certificates of deposit, and the interest on large-amount certificates of deposit of postal savings is very high, with a three-year interest of more than 100,000 yuan for 1 million yuan

The Postal Savings Bank of China has a history of many years, and the bank outlets are all over the cities of our country, even some remote cities can also see the existence of the Postal Savings Bank, so the Postal Savings Bank has become a bank trusted by many people, and the people think that it is a very safe thing to deposit money in the Postal Savings Bank, do not worry about the lack of funds, but also can get a good interest.

Since the emergence of the new crown pneumonia, the domestic market economy has been relatively impacted, and the deposit interest rates of major banks have been declining, from 4% in 2019 to 3% in 2021, and then to 2022.

1 million three years there is 82,500 yuan, which makes many people think that the interest is very high, in fact, for the people, many people do not have 1 million, most of the people's fixed deposits are about 50,000 yuan, if calculated according to 50,000 yuan, only 4,125 yuan for 3 years, this interest is very low. You must know that due to the impact of global inflation, the speed of prices is very fast, and this interest may not be able to catch up with the speed of prices.

China Merchants Bank, Agricultural Bank of China, Postal Savings Bank, China Construction Bank, etc. <> the interest rate of the three-year certificate of deposit of China Merchants Bank is only about the same, and the adjustment will be reduced by 45 basis points at one time. At the same time, other banks have also lowered their fixed interest rates on certificates of deposit, and the relevant interest rates have generally remained in between.

When the fixed interest rate of certificates of deposit is lowered, we can basically understand this behavior as an inevitable trend of downward interest rates. In this process, banks will further encourage people to spend and invest more, and at the same time, they will take the initiative to reduce the interest rates on fixed deposits and certificates of deposit to further release purchasing power in the market. After that, there are experts** that the bank may further reduce the interest rate on certificates of deposit, and we may even see the interest rate at the first term.

At the same time, in order to further provide financial support for the development of the real economy, many banks will further respond to the basic trend of downward interest rates, and at the same time will further cooperate with various operations to cut interest rates. For the average person, the net interest income may become less and less, and they need to further allocate their assets through other means, and some people will also choose to dispose of their assets through consumption or investment. <>

Taking China Merchants Bank as an example, the interest rate of the three-year fixed deposit of China Merchants Bank itself is Wang Xiaodu. After adjusting the interest rate on certificates of deposit, the interest rate on certificates of deposit of China Merchants Bank has been reduced, which means that the interest rate on certificates of deposit is even lower than that of fixed deposits. In addition to China Merchants Bank, some banks have also taken the initiative to lower the interest rate on certificates of deposit, which basically means that the interest rate on certificates of deposit has officially entered the era of two-word prefixes.

We can try to understand that when interest rates fall, our interest rates on loans and savings will fall accordingly. For businesses and individuals who need loan financing, everyone can realize their own financing operations at a lower cost. However, for savings users with asset allocation needs, the income of savings users will decrease with the reduction of the interest rate on certificates of deposit.

In the process of cutting interest rates, because interest income is decreasing, fewer and fewer people will keep their money in the bank, and people will be more inclined to participate in consumption activities.