It is mentioned that the guaranteed return rate of structured deposits will be included in the scope of self-regulatory management. This has certain implications for individual investors. Many bank financial managers believe that the guaranteed yield and issuance scale of structured deposits are likely to both decline in the future. The guaranteed return rate of some structured deposits is close to 4%

Structured deposits have always been a powerful tool for banks to attract deposits. The so-called structured deposits refer to deposits embedded in financial derivatives absorbed by commercial banks. They are linked to fluctuations in interest rates, exchange rates, indices, etc., or to the credit status of an entity, allowing depositors to obtain corresponding benefits on the basis of bearing certain risks. income.

1. Structured deposits refer to investors depositing legally held RMB or foreign currency funds in banks, and the banks embed financial derivatives (including but not limited to forwards) on the basis of ordinary deposits. , swaps, options or futures, etc.), financial products with certain risks that link investor income to interest rates, exchange rates, stock prices, commodity prices, credit, indexes and other financial or non-financial underlying objects.

2. In fact, structured deposits are not ordinary deposits, and they are also different from bank financial management. Structured deposits embed financial derivatives on the basis of deposits and link them to fluctuations in interest rates, exchange rates, indices, etc., allowing depositors to obtain higher returns while assuming certain risks.

3. According to public data from the People's Bank of China, the scale of structured deposits of commercial banks in January 2019 was 10.98 trillion yuan, which was the third time that it exceeded 10 trillion yuan after the explosion of structured deposits in 2018. Yuan mark. Wind data shows that as of the end of April this year, the total size of structured deposits of large Chinese banks and small and medium-sized Chinese banks was 11.13 trillion yuan. Among them, the scale of structured deposits of large Chinese banks is 3.77 trillion yuan, and the scale of structured deposits of small and medium-sized Chinese banks is 7.36 trillion yuan.

IV. The so-called foreign exchange structured deposits refer to the embedding of certain financial derivatives (mainly various options) on the basis of ordinary foreign exchange deposits, which are linked to or linked to fluctuations in interest rates, exchange rates, indices, etc. A business product that is linked to the credit status of an entity so that depositors can obtain higher returns while bearing certain risks. It is a product transaction that combines fixed income products and options.

5. The investor selects the deposit term and LIBOR interest rate (London Interbank Offered Rate) range, and the bank quotes the corresponding rate of return. During the deposit period, if LIBOR is within the selected range on that day, then Interest can be calculated based on the agreed yield on that day. If it is not within the range, no interest will be calculated on that day. Product market transparency is high and return on investment calculations are simple. If the customer's judgment is accurate, he or she can obtain higher profits.