Example: Take a 9-month cycle product with an investor's investment of 50,000 yuan as an example. Suppose that investors buy on October 27th, 20 1213 and expire on July 27th, 20 13. Suppose the yield to maturity of wealth management products is 4.8%:
A) If July 27th, 20 13 is the working day of the exchange, the payment date of this income is July 27th, and the actual holding days of the investor are 273 days, and the due income is: 50,000 * 4.8% * 273/365 =1795.07 (RMB).
B) If July 27th of 20 13 is a rest day and July 28th is a working day of the exchange, the payment date of this income is July 28th, and the actual holding days of investors are 274 days. The maturity income is: 50000 * 4.8% * 274/365 =1801.64 (.
Rate of return: the rate of return for each single investment cycle remains unchanged. In case of income adjustment, Everbright Bank will announce the expected annualized rate of return of products through the portal of Everbright Bank (www.cebbank.com) three banking days before each open subscription date. At the same time, the yield of a series of wealth management products booked in advance must be calculated according to the expected annualized rate of return announced by the bank on the actual purchase date. Because the rate of return is often adjusted, the product manual only shows the rate of return at the time of product issuance, and other income adjustments during the duration are subject to the announcement.