On February 27th 12, the overnight reverse repo rate of Shanghai Stock Exchange (GC00 1) rose steadily at 4. 100%, and soared to 33.000% around 14: 30 in the afternoon. But near the close, GC00 1 did not plummet as before, and finally closed. Compared with the closing price of 2. 150% in the previous trading day, it rose by 762.8%, setting the second highest closing price this year, second only to September 29th (GC00 1 closed at 35.4 1% that day).
For a time, many financial whites were forced to help. What is reverse repurchase of national debt? Can this thing make money? Can we invest? What does the reverse repo rate of government bonds soar to 33% mean for financial markets?
The so-called reverse repurchase of national debt is to mortgage the national debt in exchange for liquidity. The interest rate of reverse repurchase of national debt is the price in exchange for liquidity. The reverse repurchase of national debt is actually a short-term loan, that is, you lend money to others and get fixed interest; Others use national debt as collateral to repay the principal and interest at maturity. Reverse repurchase is super safe, equivalent to national debt.
The reverse repurchase rate of government bonds soared to 33%, which is actually an annualized rate of return. Under normal circumstances, the duration of reverse repurchase of government bonds is mainly 7 days, 14 days and 28 days.
The reverse repurchase of government bonds is generally carried out between banks, insurance and other financial institutions, and now individuals can also participate. There is also a threshold for wanting to invest in the reverse repurchase market of government bonds. The threshold of Shenzhen is relatively low, 1000! 1000, with no upper limit. The threshold of Shanghai stock market is slightly higher: 6,543,800 yuan, an integer multiple of 6,543,800 yuan, and the maximum is 6,543,800 yuan.
We should know that the annualized rate of return of Yu 'ebao is less than 3%, the annualized rate of return of bank wealth management products is around 4%, and the annualized rate of return of reverse repurchase of government bonds is up to 33%, which is very safe. This is the best investment product for our people. Don't think that only those rich professionals participate in reverse repurchase, and feel that they will automatically give up when they are tall! In fact, investing in reverse repurchase of government bonds is similar to stock trading. You can buy directly by opening a stock account, which is convenient and quick to operate, and the due funds will automatically arrive! Now most brokers are automatically opened. If you don't understand, ask your broker directly.
Of course, it still needs to be added. At the end of the year, various fund dogs are short of money to such a high level, which is not so high at ordinary times. Many days are actually 1, 2 points, and 2 or 3 points. If you think it is so high every day, Tucson will be broken, you don't have to go to work, and you will do reverse repurchase every day.
In addition, after buying Yu 'ebao and bank financing, you don't have to worry about him. If you reverse repurchase, it is also very troublesome to open an account and sell it every day.
The reverse repurchase of national debt is the most market-oriented. The repurchase rate of government bonds can reflect the capital demand of the capital market in time, and the lending rate fluctuates with the market at any time, which truly reflects the capital supply of the market. This time, the overnight lending rate of the reverse repurchase of government bonds soared, indicating that the market was short of money again, and it was very serious, which led some institutions to borrow funds at high prices.