Most Yields Are Less Than 4.5%, And High Yields May Not Be Realized.

With the approaching of the Spring Festival, the yield of some financial products in Rongcheng has increased to more than 5%.

However, reporters learned yesterday that these products are mainly non guaranteed floating income types. As a steady investment channel for traditional funds, the profitability of bank financial products is still declining, and most of the financial annualized yield has dropped to about 4.5% on the market.

It is understood that the decline in the yield of financial products will lag, each time.

At the beginning, the decline in the yield of bank financial products is not very obvious, but after a period of accumulation, the rate of decline will be reflected.

After last year's interest rate cut in late October last year, the cumulative decline in the yield of bank financial products in recent two months was quite obvious.

Rongcheng bank financial planner believes that there may still be interest rate cuts in the future.

Reporters visited the Bank of Rongcheng to see that the expected yield of financial products on sale is over 4.5%, and most of them are below 4.5%.

Among them, the financial products sold by big banks are expected to have a relatively low rate of annualized return. In the 179 day financial products of a large bank, the annual yield is expected to be only 4.15%, the expected annual yield of 112 days is 4.05%, the expected annual yield of 91 days will be reduced to 3.9%, and the expected annual yield of 42 days will be 3.75%.

In banyan bank, people said that at the beginning of November last year, customers bought 3 months' financial products. At that time, the annual yield was expected to reach 4.9%.

Recently, the product is coming to an end. Customers come to consult and find that the expected annual yield of the same period financial products issued by the bank has dropped to 4.5%, a decrease of 0.4 percentage points.

This means that the purchase of this financial product by 100 thousand yuan will be reduced by 100 yuan compared with the actual income in the first two months.

According to analysis, after the central bank has cut interest rates several times, the yield of financial products has declined all the way. The general yield has dropped from 7% in 2014 to 6%, and then dropped to below 5%.

Compared with the same period last year, the expected yield of financial products is generally reduced by more than 1 percentage points.

A joint-stock bank, Fuzhou Cangshan sub branch international financial management division, Ms. Zhang said that the decline in the yield of bank financial products was mainly influenced by multiple interest rates cut.

In addition, these days, some banks send text messages to their customers to say that the Spring Festival is approaching.

The yield has climbed to 5%.

What are the characteristics of these financial products? Compared with reporters, it is found that the products with a yield of over 5% are mainly non guaranteed floating income. The final income is not necessarily the expected revenue, and the short purchase threshold is not low.

For example, a local joint-stock bank launched 1096 days of financial management expected annual yield of 5.15%, 28 days of financial purchase threshold is 50 thousand yuan, the annual yield is expected to reach 5.15%.

Another bank has a 90 day financial product. Its annual yield is expected to be 5.1%, and the initial investment amount will be as high as 1 million yuan.

There is also a 91 day financial management on the market, with 50 thousand yuan from the investment, with the highest expected annual yield of 8.05%.

And most banks demand that the purchase is expected.

More than 5% of financial products, investors must sign paper contracts at the counter to clarify the rights and risks of both sides.

Financial products with a yield less than 5% can be purchased online.

In addition, if customer funds can not be invested for a long time, banks can buy money or money funds every day.

The daily financial threshold is 50 thousand yuan, and a small amount of money can choose Monetary Fund.

At present, banyan bank daily financial products expected annual yield of 3.5%.

In addition, compared with the time limit of money fund trading, banks can freely purchase and redeem each day on a daily basis.

If there is such a super short-term financial demand, the public should launch early days before the Spring Festival.