The form of large-denomination certificates of deposit is similar to that of time deposits, except that it has three time periods of 1 month, 9 months and 18 months, and can be deposited for up to 5 years; large-denomination certificates of deposit can enjoy higher interest rates than deposits.

, generally around 45%.

Among them, the interest rate of large-denomination certificates of deposit with a maturity of more than 3 years is generally above 3%, which exceeds the average rate of return of money funds. The interest rates of large-denomination certificates with a maturity of 3-year and 5-year can reach more than 4%, which is in line with the interest rates of bank capital-guaranteed financial management and treasury bonds.

The yield is about the same.

A large-denomination certificate of deposit refers to an accounting-type large-denomination certificate issued by a bank and denominated in RMB.

It can be seen from this definition that large-denomination certificates of deposit are deposits and are general deposits, which are banking products with the same nature as ordinary current and time deposits.

Bank certificates of deposit are better because they are comprehensively considered from the three aspects of safety, efficiency and liquidity.

In terms of security, large-denomination certificates of deposit are safe and reliable.

Because large-denomination certificates of deposit are deposits, bank deposits must be guaranteed to be paid rigidly; and bank deposits are also protected by the deposit insurance system.

Therefore, assuming that the bank that issued the large-denomination certificate of deposit goes bankrupt, the large-denomination certificate of deposit can be compensated within the range of no more than 500,000 yuan per person; from a efficiency perspective, the interest rate of the large-denomination certificate of deposit is higher than that of ordinary time deposits, but it is relatively

Generally speaking, it is not as good as the expected returns of financial products; large-denomination certificates of deposit can be withdrawn in advance and pledged, and large-denomination certificates of deposit issued by some banks can also be transferred. Therefore, the liquidity of large-denomination certificates of deposit is also relatively good.

So, what should you pay attention to when buying a large certificate of deposit?

First, read the issuance announcement carefully and in detail.

The issuance announcement of large-denomination certificates of deposit states all the key details of the large-denomination certificates of deposit issued this time.

For example, during the issuance period, issuance quota, issuance amount, interest rate, issuance period, whether it can be withdrawn in advance, etc.; second, shop around.

Because the prices of large-denomination certificates of deposit are now different in various banks, and even large-denomination certificates of deposit issued in different periods by the same bank have different interest rates, you need to compare them before deciding which bank to buy.

Third, pay attention to choosing an appropriate deadline.

You should decide the period based on your actual situation, that is, the idle time of funds.

Don’t base your decision solely on what interest rate is available for which term.

Before purchasing, you should also choose a deposit method that suits you based on your actual situation. Only in this way can we get the maximum limit.