金改前沿丨超50万亿定期存款将到期，谁将承接这“泼天的财富”？

Group 1 - The core viewpoint of the article is that a significant wave of residential time deposit maturities is expected in 2026, with estimates suggesting the amount could exceed 50 trillion yuan, leading to discussions on where this capital will flow [1][2][3] - Various research institutions have projected the scale of maturing deposits in 2026, with estimates ranging from 50 trillion yuan to as high as 75 trillion yuan, indicating a consensus on the impending large-scale maturity of time deposits [2][3] - The continuous decline in deposit interest rates contrasts sharply with the upcoming maturity peak, with some banks offering one-year deposit rates below 1%, leading to a structural shift towards shorter-term deposits [2][3] Group 2 - The decline in deposit attractiveness is prompting discussions on potential outflows from the banking system, with expectations that a significant portion of maturing deposits will be reallocated to wealth management products, insurance, and funds [3][4] - Insurance products, particularly participating insurance, are gaining popularity as they offer a combination of guaranteed and floating returns, with a current guaranteed return rate of approximately 1.75% [4] - There is also a trend of early mortgage repayments as a potential destination for funds, given the current interest rate environment where mortgage rates are higher than deposit rates [5]