Some say that the size of the structural deposit of bank L is a new low within the year

According to data released by the People's Bank of China, as of the end of June 2022, the balanced deposit balance of Chinese national banks was 5557.473 billion yuan, a decrease of 4.85%month -on -month, a year -on -year decrease of 7.99%, a year -on -year minimum level.

Specifically, the scale of personal structural deposits and unit structural deposits of large banks decreased by 10.16%and 6.84%, respectively. Small and medium -sized banks' personal structural deposits and unit structural deposits decreased by 3.18%and 3.07%respectively. The decline in structured deposits of large banks is greater than small and medium -sized banks.

Structural deposit yields continue to decline

According to the incomplete statistics of Rong 360 Digital Science and Technology Research Institute, the average period of the RMB structural deposit issued by the bank in July 2022 was 153 days, an increase of 4 days over the previous month; The middle rate of return was 2.95%, a decrease of 2bp from the previous month; the average expected maximum rate was 3.49%, a decrease of 9bp from the previous month. Since the beginning of this year, both the middle layer yield and the highest yield have fallen to a certain extent, and the decline in the intermediate yields close to the actual yield is even more obvious.

From the perspective of the hook target, the proportion of the structural deposit linked exchange rate issued in July was 52.75%, the proportion of linked gold was 26.07%, the ratio of the hook index was 17.01%, the proportion of hook stocks and funds was 3.55%, and other assets were linked to other assets. The ratio is 0.61%.

From the perspective of the period, the structural deposit period of the hook exchange rate and gold is short, with an average of about 3 months, and less than 6 months. The structural deposit period of the fund is long, with an average of more than 1 year, a higher yield, and an average of above 4%. Among them, the average maximum return on the hook stock and the fund's structural deposit is 5.35%.

From the perspective of changes in interest rates, the average intermediate yield of the structural deposit of the hook index in July rose from the previous month. The average intermediate yield and average maximum return of the structural deposit of other targets were decreased or flat.

The average expected maximum returns rate of state -owned banks and shares continue to fall

From the perspective of different types of banks, the average structural deposits of state banks in July were 89 days, and the average expected maximum rate of return was 3.27%, a decrease of 2bp from the previous month; 2.96%, the month -on -quarter, the average expected maximum rate of return was 3.51%, a decrease of 4bp from the previous month; the average period of structural deposits of urban commercial banks was 121 days, and the average expected intermediate yield was 2.91%. %, A decrease of 9bp from the previous month; the average structured deposit of foreign banks was 408 days, and the average expected intermediate yield was 3.19%, a decrease of 3bp from the previous month, and the average expected maximum return was 4.75%, a decrease of 5BP from the previous month.

In addition, the structural deposit yields of various banks in July fell, of which the city commercial banks fell the largest.

Cover reporter Ran Zhimin

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