Mintai Commercial Bank is a city commercial bank. Mintai Commercial Bank is a city commercial bank established in May 2006 1988, formerly known as Wenling Credit Union, and renamed as Zhejiang Mintai Commercial Bank in August 2006 18. It is a joint-stock commercial bank with independent legal personality approved by China Banking Regulatory Commission. Always adhere to the market positioning of "serving the local economy, serving small and medium-sized enterprises and serving urban and rural residents".

The full name of Mintai Commercial Bank is Zhejiang Mintai Commercial Bank Co., Ltd., and its registered address is Suxing Avenue 168, Taiping Street, Wenling City, Zhejiang Province, which is connected with Taizhou, Zhoushan, Hangzhou, Chengdu, Ningbo, Shanghai, Yiwu, Jiaxing, Shaoxing, Wenzhou and Quzhou. Lishui and Huzhou 13 branch.

What is the impact of commercial banks being approved to participate in treasury bond futures?

1. As the largest holder of spot treasury bonds, commercial banks need to avoid interest rate risks. The premise is that you can participate in treasury bond futures trading. If the spot yield of treasury bonds is expected to fall, you can buy treasury bonds futures and get the gains from the rise of treasury bonds futures.

2. The main business of commercial banks is loans. If it is a loan business with a fixed interest rate, the profit is easily affected by the market interest rate. Treasury bond futures are actually interest rate futures, and their prices are closely related to market interest rates. For fixed-rate loans, if commercial banks expect that the loan interest rate will rise in the future, they can sell US Treasury futures to hedge their losses.

3. As far as the treasury bond futures market is concerned, commercial banks have sufficient funds, and participating in treasury bond futures trading can provide more liquidity for the treasury bond futures market.