来源：@华夏时报微博 华夏时报记者 张萌 卢梦雪 北京报道 春节假期刚过，银行网点迎来了一波存款高峰。 "开工第一天就来存钱，没想到人这么多。"在上海工作的"90后"小宇拿着过年剩下的现金准备存入银行。他常去 的那家网点大厅里人头攒动，等候区的座位早已坐满。排队的人群中，以中老年人为主，也有不少家长带着孩子 来存压岁钱。柜员不得不提高嗓门询问："有没有办其他业务的？可以到这边来！"但响应者寥寥，绝大多数客户 都是来存款的。 付一夫向记者表示，银行普遍将一季度视为全年业务的"开门红"阶段，抢占这一窗口期对全年业绩至关重要。当 前环境下，银行更倾向于通过"资产配置礼"而非单纯提高存款利率来吸引资金，原因有二：一方面，存款利率已 处于较低水平且持续下行，单纯靠利率竞争空间有限且会进一步压缩银行息差；另一方面，"资产配置礼"能够引 导客户资金从存款转向理财、基金、保险等多元产品，既有助于银行提升中间业务收入，也能通过资产配置服务 增强客户黏性，符合零售业务向财富管理转型的大趋势。 排队间隙，小宇被大厅里一块醒目的"资产配置有礼"宣传板吸引，他顺手扫码看了看活动详情。"现在定存利率不 高，不如先把钱转入理财，把银行送的 ...

2025年，人民银行保山市分行组织完成储蓄国债发行凭证式8期、电子式8期，推动辖内国债销量实现跨 越式增长。截至12月底，保山市全年总销量达1.07亿元，同比增长21.06%，创历史新高。 保山市严格贯彻落实各项国债工作部署，制定《保山市中心支库2025年国债下乡工作方案》，建立以农 业银行、邮储银行为重点，工行、中行、建行、交行、浦发银行协同参与的发行网络，依托全市120个 承销网点，持续优化"网点+乡村服务站"立体布局。 2025年，保山市辖内共有77个乡镇国债销售网点，其中，48个网点成功售出国债，占比达到62.34%， 较上年增加29个网点，国债销售覆盖面大幅提高。 云南网记者 李建国 通讯员 张妍 保山市依托乡镇、社区、街道等组织开展国债知识讲座和培训活动，增强群众对国债的认知度，促进信 息透明，为销售工作奠定基础，助力业务流程规范化、标准化建设。充分发挥"国债下乡标准服务站"的 带动作用，集成宣传讲解、意向登记、专人对接等功能，提供一站式服务，切实保障居民"愿买能买"。 2025年，保山市储蓄国债乡镇销量超2500万元，占比突破20%。 为推动普惠金融"进万家"，保山市依托各网点开展常态化宣传，通 ...

Core Viewpoint - The article discusses the challenges faced by individuals with savings in 2026, highlighting the decline in interest rates and the pressures of social expectations regarding financial support [1]. Group 1: Declining Interest Rates - The interest rates for savings have significantly decreased, with some small and medium banks offering rates as low as 0.93% for three-month large deposits, marking a shift from previous higher rates [4]. - Long-term savings interest rates have also halved compared to three years ago, with major state-owned banks offering rates below 2% for three-year fixed deposits [4]. Group 2: Investment Challenges - The era of earning passive income from savings is over, leading many to consider investing their money, but the current investment environment is challenging due to tight entrepreneurial conditions and a lack of consumer demand [5]. - Suitable investment options for ordinary individuals are limited, with stock and fund markets being volatile, making it difficult to preserve capital during unstable economic conditions [5]. Group 3: Social Pressures - Individuals with savings often face pressure from friends and family seeking financial assistance for various reasons, creating a dilemma between maintaining relationships and protecting personal finances [7]. - The need to manage social expectations regarding savings can lead to significant psychological stress, as individuals navigate the complexities of discussing their financial situation [8]. Group 4: Recommended Strategies - The article suggests a three-pronged approach for managing savings: diversifying funds, avoiding high-risk investments, and learning to decline borrowing requests politely [9][10]. - Maintaining a balanced strategy can help individuals navigate the low-interest environment while preserving their financial security and mental well-being [10].

Core Viewpoint - The deposit market is undergoing significant changes in 2026, with large-denomination certificates of deposit (CDs) experiencing a downward trend in interest rates, leading to some small and medium-sized banks offering 3-month products with rates falling below 1%, officially entering the "0" range [2][3]. Group 1: Changes in Deposit Products - The decline in interest rates for short-term large-denomination CDs is a notable market phenomenon, marking the first occurrence in recent years [3]. - This shift is altering depositors' perceptions of "high-interest deposits" and is driving a restructuring wave in the asset allocation of the entire wealth management market [4]. - Over 40 banks have announced the issuance of large-denomination CDs in early 2026, with significant changes in both "term" and "interest rate" compared to previous years. Most banks are focusing on products with a term of one year or less, while the issuance of three-year products has sharply decreased, and five-year products are nearly extinct [5]. Group 2: Interest Rate Trends - The interest rates for three-year products are generally below 2%, with one-year rates often falling below 1.5%, and rates for products with a term of one year or less have dropped below 1% [5]. - Major banks have collectively removed five-year large-denomination CDs from sale, with available products typically having a term of three years or less. For instance, the Industrial and Commercial Bank of China and China Construction Bank offer three-year CDs at a rate of 1.55%, while one-month and three-month CDs from several major banks have rates of 0.9% [5]. Group 3: Market Dynamics and Future Outlook - The interest rate gap between newly issued large-denomination CDs and regular fixed-term deposits is narrowing, indicating a deepening trend of declining deposit rates as 2026 begins [7]. - The decline in large-denomination CD rates is attributed to multiple factors, including the pressure on banks' net interest margins, leading them to lower long-term high-cost liabilities and adjust rates downward [8]. - Regulatory efforts to curb irrational deposit competition among banks have also played a role in suppressing high-interest deposit strategies [8]. - There is a growing trend of private negotiations for high-interest CDs on social platforms, indicating a shift in market behavior [8][9]. - Experts predict that large-denomination CD rates will continue to decline, especially for short-term products, suggesting that the likelihood of earning passive income through these instruments is significantly decreasing [10]. - Investors are advised to diversify their asset allocations, with stable investors focusing on fixed-term deposits and savings bonds, while those with higher risk tolerance may consider "fixed income plus" products and equity investments [10].

2026年开年，存款市场迎来重要变化。曾作为银行"揽储利器"的大额存单，利率持续下行，部分中小银 行3个月期产品利率首次跌破1%，正式进入"0 字头"区间。 大额存单短期限产品利率跌破1%，成为近年来首次出现的市场现象。 这一变化，不仅正在改写储户对于"高息存款"的旧有认知，更推动整个理财市场迎来资产配置的重构浪 潮。 根据中国货币网公开信息，今年已有超40家银行发布2026年第一期大额存单发行公告。在"期限"和"利 率"两个方面都有明显不同于往年的变化。 在期限方面，"短期化"特征明显：多数银行主打一年期及以下品种，三年期产品发行量锐减，五年期产 品近乎绝迹。在利率方面，"下行态势"突出，三年期产品利率普遍不超过2%，一年期利率多不足 1.5%，一年期以下产品利率已跌破1%。 《金融时报》记者登陆多家银行手机银行查看发现，六大行已集体下架五年期大额存单，在售产品期限 普遍在3年及以内。例如，工商银行、建设银行三年期大额存单利率均为1.55%；工商银行、农业银 行、中国银行、建设银行1个月及3个月大额存单利率均为0.9%。 "'存钱躺赚'的时代正在过去。"招联首席研究员、上海金融与发展实验室副主任董希淼在接受 ...

Core Viewpoint - The current interest rates for large time deposits in China have significantly decreased, with many banks offering rates below 1%, leading to concerns about the value of saving money in banks [1][11]. Group 1: Interest Rate Trends - As of January 8, over 40 banks have launched new large time deposits, primarily offering short-term products with rates for 3-month deposits dropping to 0.95% [1][3]. - The average interest rate for 3-month large time deposits is expected to be around 1.8% in 2024, indicating a significant reduction from current rates [3][6]. - One-year products from major state-owned banks are offering rates between 1.2% and 1.4%, while previously, rates could reach up to 2.25% [3][11]. Group 2: Bank Profitability and Strategy - Banks are reducing deposit rates to maintain profitability due to declining loan interest rates, with the average loan rate expected to be around 3.1% by 2025 [5][6]. - The net interest margin for commercial banks has narrowed, with state-owned banks reporting a net interest margin as low as 1.31% [5][6]. - To manage costs, banks are focusing on short-term deposits, as they require lower interest payments compared to long-term deposits [5][11]. Group 3: Investment Alternatives - For conservative investors, bank deposits remain a safe option, especially with deposit insurance covering amounts up to 500,000 [8][11]. - Alternatives such as money market funds and cash management products are recommended for those seeking better liquidity and returns, with annualized yields around 1.2% to 1.4% [8][11]. - For those willing to accept some risk for higher returns, transferable large time deposits and medium-short bond funds are suggested, with potential yields of 2.5% to 3% [8][11]. Group 4: Consumer Advice - Consumers are advised to verify the legitimacy of banks offering higher rates and to avoid blindly pursuing long-term products due to potential "interest rate inversion" [9][11]. - Diversification of deposits across different banks is recommended to enhance safety and flexibility [9][11].

Core Viewpoint - The article emphasizes the importance of diversifying investments beyond traditional savings accounts due to declining interest rates and the new normal of low growth and low rates in the economy [3][5]. Group 1: Current Financial Landscape - Interest rates for three-year fixed deposits have fallen below 2%, significantly reducing the returns on savings compared to three years ago when rates were above 3% [1]. - The trend indicates that interest rates may remain low for an extended period, reflecting a broader economic shift towards a "low growth + low interest" environment [3]. Group 2: Investment Recommendations - It is advised not to keep all savings in "current + fixed deposits" but to consider reallocating a portion of long-term unused savings into four recommended asset types for better future returns [5]. - The first recommended asset is government bonds or "quasi-government" assets, which should constitute about 30%-40% of a household's investments, providing a stable foundation [15][17]. - The second recommendation is to invest in broad-based index funds through a systematic investment plan (SIP), which helps average out costs over time [25][28]. - The third suggestion is to allocate a small portion (5%-10%) of assets into gold or gold ETFs as a hedge against economic uncertainty [36][39]. - The final recommendation is to invest in personal development, including health, skills, and financial literacy, which can yield the highest long-term returns [47][50].

Core Viewpoint - The article discusses the declining interest rates on fixed-term deposits and the implications for individuals' savings strategies, emphasizing the need for diversification and alternative investment options in the current economic environment. Group 1: Declining Interest Rates - Fixed-term deposit rates have significantly decreased, with many banks offering rates below 2%, and some even in the "1s" range for three to five-year terms [4][6] - The overall trend indicates that interest rates are likely to remain low for an extended period, with potential for further minor reductions [8][10] Group 2: Inflation Impact - Inflation is eroding purchasing power, meaning that even if nominal savings increase, the real value of money decreases when accounting for rising costs of living [12][14] - The concept of "real interest rate" highlights that when inflation exceeds deposit rates, individuals may feel financially worse off despite seeing an increase in their account balances [16] Group 3: Liquidity Concerns - Fixed-term deposits have poor liquidity, making it challenging to access funds in emergencies without incurring significant interest losses [18][20] - Individuals often lock away large sums for higher interest, but this can lead to substantial financial setbacks when unexpected expenses arise [24][26] Group 4: Alternative Investment Options - There are smarter, more flexible options for "stable money" beyond traditional fixed-term deposits, such as large-denomination certificates of deposit, savings bonds, low-risk investments, and dividend insurance products [28][29][31][35] - Financial experts recommend a diversified asset allocation strategy that includes cash for liquidity, stable investments, and some exposure to higher-yielding options for those who can tolerate risk [37] Group 5: Strategic Financial Planning - Individuals should assess their financial situations by considering the timeline for using funds, their risk tolerance, and income stability [39][40] - A balanced approach involves keeping emergency funds liquid, using fixed deposits for medium-term savings, and exploring low-risk investments for long-term growth [42][46]

Group 1 - The announcement details the arrangements for the issuance of government bonds in the first quarter of 2026, including key maturities, short-term bonds, ultra-long general bonds, and savings bonds [1] - The document specifies that the execution of these arrangements may change, and any modifications will be based on the government bond issuance documents at that time [1]

Core Viewpoint - The scarcity of three-year large-denomination certificates of deposit (CDs) is a result of banks' reluctance to issue high-interest long-term deposits due to declining net interest margins and competitive pressures in the interest rate environment [3][9]. Group 1: Market Dynamics - Banks are currently facing a historical low net interest margin of 1.42%, making it unprofitable to issue three-year large-denomination CDs at rates around 2.5% [3]. - Major banks have collectively suspended five-year products and are limiting the issuance of three-year CDs to avoid being "trapped" by future interest rate declines [3]. - The demand for large-denomination CDs has surged, with rates of 2.2% being quickly exhausted, creating a cycle of increased competition among savers [3][9]. Group 2: Alternative Investment Options - **Savings Bonds**: State-backed savings bonds offer higher interest rates than large-denomination CDs, with a three-year rate of 2.35%, potentially yielding an additional 900-1800 yuan over three years for a 200,000 yuan investment [4]. - **Low-Risk Bank Wealth Management**: R1 and R2 level low-risk products can yield annualized returns of 2.8%-3.2%, significantly higher than three-year fixed deposits, with a focus on government and financial bonds [5]. - **Pure Bond Funds**: These funds, which invest solely in bonds, have shown an average increase of over 3.5% in the past year, with some products yielding up to 4%, providing a potential annual return of 7,000-8,000 yuan on a 200,000 yuan investment [6]. - **Bank Specialty Deposits**: Some banks offer specialty deposits with lower entry thresholds and competitive rates of 2.1%-2.3%, comparable to large-denomination CDs, without the need for competitive purchasing [7]. Group 3: Investment Strategy Recommendations - It is advised to avoid "pseudo-deposits" from non-bank institutions that lack deposit insurance, as they carry significant principal risk [8]. - Diversification is recommended, with no more than 500,000 yuan deposited in a single bank, and spreading investments across 2-3 institutions for wealth management and funds [8]. - Caution is advised regarding products promising returns exceeding 4%, as they may carry hidden risks [8].