Core Viewpoint - The article discusses the arrangements for the 2025 National Day and Mid-Autumn Festival market closures, emphasizing the opportunities for investors to utilize idle funds through government bond reverse repos during the holiday period [5][9]. Market Closure Arrangements - The A-shares market will be closed from October 1 (Wednesday) to October 8 (Wednesday) in 2025, resuming normal trading on October 9 (Thursday) [5]. - The Hong Kong Stock Connect will also be unavailable from October 1 to October 8, with services resuming on October 9 [5]. Government Bond Reverse Repo Overview - Government bond reverse repos are essentially short-term loans where individuals lend their funds to earn fixed interest, with government bonds used as collateral by the borrower [9]. - The safety and yield of government bond reverse repos are considered equivalent to government bonds, making them a good option for managing idle funds, especially before month-end, quarter-end, year-end, or holiday periods [9]. Participation Guidelines for Reverse Repos - The minimum investment for government bond reverse repos is 1,000 yuan, with various term options available for investors to choose based on their needs [13]. - Investors are advised to consider higher-yielding options when the interest days for different term products are the same [13]. - To maximize holiday earnings, investors can execute one-day reverse repos two trading days before the market closure [13]. Specific Strategies for 2025 Holiday Period - A detailed table outlines the participation dates, term lengths, and interest days for various reverse repo options leading up to and following the holiday [11][14]. - For example, a 7-day term starting on September 23 will yield interest until October 9, totaling 15 days [11]. Additional Information on BaoLiXin/BaoLiYuan - BaoLiXin and BaoLiYuan are part of the Shenzhen Stock Exchange's quoted repurchase business, allowing investors to lend funds against collateralized assets [15]. - The financing amount is determined based on the value of the collateralized standard bonds, with returns paid to investors upon maturity [15].
时逢华诞玉轮圆丨2025国庆中秋休市安排(内附假期闲钱理财攻略)