Investment Guide: Bank Financial Products Revenue To Maintain 3.9%

In the past three weeks, the average expected rate of return of bank financial products was basically stable, which was 3.9%, 3.91% and 3.9% respectively. In May, it almost became a defensive battle for bank financial income to defend 3.9%.

At the same time, the enthusiasm of banks in issuing financial products continued to decline, and the number of products declined significantly. According to the analysis of the industry, the reduction of quality basic assets is the main reason for the decline in the number of financial products.

For low risk investors, financial products are still important products that satisfy basic and stable returns.

According to the bank data, there were 1026 RMB non structural products on sale last week, which decreased compared with the previous week, with an average expected return of 3.9%, down 0.01% from the previous week.

Non structural RMB issuance in Shanghai

The total number of products is 629, which is lower than the national average expected rate of return, 3.85%, 0.02% lower than the previous week, with an average investment period of 128 days.

From the specific investment direction of bank financing, nearly 70% of them flow to the real economy.

The banking industry of China released in 2015 by the China Banking Association

According to the development report, by the end of 2015, 15 trillion and 880 billion yuan of financial management funds had been invested in the real economy through the allocation of bonds, non-standard assets and equity assets, accounting for 67.09% of the financial assets invested by various kinds of assets.

Yan zhe suggested that for the vast majority of financial products investors, although the current high-yield products are less, but the number of products that are slightly higher than the average yield is still considerable. The expected yield of nearly 60% products is more than 4%. Compared with other financial institutions, bank financing can basically meet the 4%-5%'s return requirements, and the risk is relatively lower.

Bank policy analyst Yan Zi Jie believes that from the policy level, the central bank gives the expectation that the growth rate of M2 will decline in the future, and monetary policy may become tighter. However, from the data of bond market financing in April, the overall data will decline sharply compared with March, and the market demand for funds can be weak. Therefore, market interest rates will not necessarily follow.

Tightening and rising, the bank financial market earnings in the future may be relatively small trend in the following 4% fluctuations.

Related statistics also showed that the volume of financial issuance continued to decrease. In April 2016, a total of 167 commercial banks issued 5342 financial products, a decrease of 7.71%.

Jiulu group president and assistant director of private equity investment Jiulun analysis, the gradual shortage of high-quality underlying assets is the root cause of the decline in the number of bank financial products.