According to December 6, 2019, Yu’e Bao’s 7-day annualized income was 2.3590%, and putting 1 million in Yu’e Bao was 33.7 yuan a day.

The formula for calculating Yu’e Bao’s income is: income = (confirmed amount/10,000) × seven-day 10,000-point income/7, that is, (1 million/10,000)*(2.3590%/7)=33.7 yuan.

The total income earned by transferring funds to Yu'e Bao.

This data is updated daily.

Yu'e Bao is a monetary fund that mainly invests in deposits, bonds and other related financial instruments. The prices of financial instruments will fluctuate, so daily returns will also change.

Bank deposit reserve ratios have been reduced twice since 2019, and market liquidity is reasonably abundant. Previously, the Shanghai Interbank Offered Rate (Shibor) fell below 1%, hitting a new low in the past decade.

It is inevitable that the yield rate of baby money funds, which mainly invest in bank deposits and interbank certificates of deposit, will decline.

Extended information: The income settlement rules of Yu'e Bao: The funds transferred to Yu'e Bao will be confirmed by the fund company on the second trading day. For the confirmed shares, the day's income generated by the fund company will be released before 15:00 p.m. on the next day.

Displayed in Yu’E Bao.

Warm reminder: Funds transferred after 15:00 will be confirmed one trading day later. On weekends and national statutory holidays, the fund company will not confirm the share.