Bond Reverse Repurchase Margin Management Threshold Is As Low As A Penny.

Most investors are not very familiar with the reverse repurchase of bonds, and they will feel very complicated when they hear the names, but in fact they are not.

The so-called reverse repurchase of bonds means that investors lend their idle funds in their securities accounts and provide capital to the capital market, others use bonds as collateral, and repay their principal and interest after maturity.

Bond reverse repurchase is close to zero risk.

Because the capital integration side is to pledge its bonds to the third party, that is, China's securities registration Clearing Corp. If the payment fails to be paid on time, it will be paid by Clearing Corp first.

Bond reverse repurchase trading threshold, Shanghai and Shenzhen two cities are not the same.

The Shanghai stock market has a minimum of 100 thousand yuan, up to 100 thousand yuan, and a maximum of not more than 1 million yuan, while the lowest in the Shenzhen stock market is 1000 yuan, which is an integer multiple of 1000 yuan, which is suitable for small and medium-sized investors.

At present, bond reverse repurchase has 1 days, 2 days, 3 days, 4 days, 7 days, 14 days, 28 days, 91 days and 182 days of 9 varieties. Investors can choose freely according to the idle funds.

After the repurchase paction expires, the principal and interest will arrive on the same day, and the second trading days can be traded normally, but it is not allowed to withdraw cash, and the third trading days can only be withdrawed.

The reverse repurchase process of a bond is similar to that of a stock paction, and can be operated directly in a securities account.

But it should be noted that in the securities entrustment, we should choose "sell" rather than "buy".

The paction process also needs to pay commission to the broker, for example, the repurchase rate of a day is 0.001%, that is to say, investors will only pay 1 yuan for the 100 thousand yuan 1 day reverse repurchase.

The yield of repurchase is related to the capital side of the market. The tighter the capital, the more money the market needs, and the higher the yield of the reverse repurchase.

In general, at the end of the month, the end of the season, the end of the year and the long holiday, the market capital is tense. The immediate interest rate of reverse repurchase will soar, and it will generally exceed 10% (annual).

So-called

It means that the investor will not be affected.

In the case of securities companies, the idle funds in stock accounts are used to invest in fixed income assets such as short-term deposits in banks.

As long as an agreement is signed between a client and a securities company, the idle funds in its account will be invested by the broker after closing and will be paid according to the day and automatically return to the stock account before the opening date of the next trading day.

If you need to pfer cash, you only need to make an online booking one day in advance.

At present, the existing products such as Anshun Tian Li Bao, Guotai Junan cash manager and Everbright sun Jinbao are all the products. The latest 7 day yield is mostly between 2%~3%.

However, the initial participation of such products is 50 thousand yuan.

The threshold of 50 thousand yuan, though not very high, has also blocked many.

Investors who are not ample but want to manage money.

However, after looking at a number of brokerages' margin financial products, the reporters found that Kim Teng Tong of the state securities company had no such concerns.

State gold securities customer service introduction, the product participation in the starting point is 1 cents, and no subscription, purchase and redemption fee, only charge 0.05% (annual) hosting fees and 0.2% (annual) management fees, the current fund size has reached 13 billion 500 million.

In addition, the latest 7 day yield of the product is 3.01%.