Because the coupon rate of bonds is generally fixed, reducing RRR and interest rate will also lead to the reduction of market interest rate to a certain extent, and market interest rate is negatively correlated with bonds, that is, the market interest rate drops and the bond price rises. At this time, the relative yield of bonds will rise, and the market demand for bonds will increase, which will lead to an increase in bond prices until the actual yield is consistent with the market interest rate.

Tips:

1. The above contents are for reference only and do not make any suggestions;

2. Before investing, it is recommended that you first understand the risks existing in the project and have a clear understanding of the investors, investment institutions, chain activity and other information of the project, instead of blindly investing or straying into the capital market. Investment is risky, so be cautious when entering the market.

Reply time: February 2022-11. Please refer to the latest business changes announced by Ping An Bank in official website.