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What does fixed income public offering of RMB mean?

Fixed-income public financing refers to financial products in which investors obtain income at an agreed interest rate.

Fixed-income products have low returns, but are low-risk and relatively stable. This type of product plays a stable role in the entire asset allocation system, but the vast majority of fixed-income products are It does not guarantee a return, it just gives a range of return.

Fixed-income products include time deposits, monetary funds, bond-type bank financial management, etc. The longer the investment time of such fixed-income products, the more returns there will be. The volatility is generally very small, and there are also closing periods.