The annualized yield of Treasury bond reverse repurchase reaches as high as 4% during the National Day holiday

As the National Day holiday approaches, investors who choose to hold currency for the holiday should start paying attention to their spare money during the National Day holiday. financial arrangements. So today, the editor is here to sort out the annualized yield of government bond reverse repurchase, which has hit 4%. Let’s take a look!

Treasury bond reverse repurchase surges during the holidays?

During holidays, government bond reverse repurchases often surge higher, and the same scenario also occurred in the days before National Day.

On September 27, whether it is 1-day, 2-day, 3-day, 7-day, 14-day, etc., the annualized rate of return rose collectively, among which the annual rate of return of "GC002" The return rate reached as high as 4% in early trading.

You must know that the annualized rate of return of many monetary funds has now entered the "1 era". Even if it only obtains an annualized rate of return of more than 2%, it has already outperformed most cash financial management methods. .

After rising in early trading, although the annualized yield has fallen, it is still between 2% and 3%. For investors who need spare money for financial management, it is obvious to choose government bond reverse repurchase. It's a good way to make some money.

However, it should be noted that if the 1-day and 2-day products are purchased on September 27, the interest accrual days are only 1 and 2 days. Therefore, if investors purchase 1-day and 2-day products on September 27, If you want to enjoy the benefits of the National Day holiday, you must buy at least 3-day products to get 12 days of interest.

If it comes to September 28, 2-day products will also start to enjoy the benefits of the holiday. For the specific number of interest accrual days, you can refer to the treasury bond reverse repurchase area of ??major securities companies and choose according to the prompts therein. The corresponding product is enough. In addition, since the thresholds of the Shanghai and Shenzhen stock markets are now 1,000 yuan, if there is some difference in the rate of return, investors can choose the one with a higher rate of return to participate.

OTC currency funds are worthy of attention

In addition to reverse repurchase of government bonds, investors can also choose OTC currency funds, such as currency funds on the Yu'E Bao platform and the Wealth Management Platform, etc. It may be that you are exposed to more products, but you should also pay attention to the transfer time of these products.

Take the trading rules on the Yu'e Bao platform as an example. If the funds are transferred before 15:00 on "T day", interest will be calculated on "T+1" day. That is to say, if the funds are transferred before 15:00 on September 27 If you transfer in, interest will be calculated on September 28th. Therefore, if you want to enjoy the benefits of the National Day holiday, you must transfer in before 15:00 on September 29th to enjoy the benefits. In other words, there are only 2 days left. time.

The same is true for the currency funds on Wealth Management. You must transfer them before 15:00 on September 29 at the latest to enjoy the holiday benefits.

In addition to the currency funds sold on these platforms, there are also some currency funds sold through other channels. Although most of the suspensions are at 15:00 on September 29, different funds are suspended. The timing of subscriptions varies. For example, some monetary funds suspend conversions and transfers on September 28 and subscriptions on September 29.

For investors, if they want to use these currency funds for holiday financial management, they should pay attention to the specific announcements of each fund.

However, if we look at it from the perspective of annualized rate of return, whether it is the monetary funds on the Yu'e Bao platform or other monetary funds, the current annualized rate of return is relatively low, many of which are below 1.5%. Of course, some may be slightly higher, reaching about 1.6% to 1.8%. Investors can choose based on the 7-day annualized rate of return and the income per 10,000 shares.

On-site currency funds can be used as a remedy

Of course, if investors do not participate in time through the above methods, then on the last day, there is still a way to "remediate" it. It is an on-market currency fund.

However, there are two types of currency funds on the market. One is that no interest is accrued on the day of purchase, and the other is that interest is accrued on the same day of purchase. For investors, if On the last day, it is obviously necessary to choose a currency fund that can accrue interest that day.

The reporter of "Daily Economic News" compiled several representative exchange-traded funds in the Shanghai and Shenzhen stock markets, which investors can use as emergencies.

It should be reminded that although this is a "remedial" method, due to the influence of capital flows before the holiday, the price on the market may also appear to be on the high side after everyone rushes in. Then At this time, investors have to consider whether it is still worth participating.

In addition, from the perspective of yield, these on-site currency funds are also similar to other currency funds, and the yield is not high.

Overall, if you choose from the various current spare money management methods mentioned above, reverse repurchase of government bonds is a better choice, but you need to pay attention to the trend of its yield at any time.