Today is January 25th, and the Spring Festival is approaching. How to allocate idle funds? Treasury bond reverse repurchase is a good choice! During the Spring Festival, you can "eat well, drink well, and have fun", and you can also make money by winning, and manage your finances without taking a holiday! ! Purchase a one-day treasury bond reverse repurchase on January 27, and interest will be accrued for 10 days. Normal equity trading will occur on the 28th. After the market opens, it will be transferred to the brokerage for balance financing, and interest will accrue for 10 days. Idle funds can enjoy dual plans of treasury bond reverse repurchase and balance financing. Ten days of rest! ! !
Treasury bond reverse repurchase is essentially a short-term loan. That is to say, individuals lend their own funds through the treasury bond repurchase market and obtain fixed interest income; and the repurchase party, that is, the borrower uses his own treasury bonds as collateral. Obtain this loan and repay the principal and interest upon maturity. Regarding the trading common sense of treasury bond reverse repurchase, the following figure introduces it in detail:
✮What are the advantages of reverse repurchase:
Low risk: The price you enter when selling is the agreed upon converted annual interest rate. Once the transaction is completed, the rate of return is fixed. The counterparty is the settlement center. If the financing party cannot repay on time when it is due, the settlement center will advance the funds first.
Easy to operate: open a stock account to buy directly, the operation is convenient and fast, and the funds will be automatically returned to the account when it expires. (For example, if you participate in a 1-day reverse repurchase, the funds will be automatically returned to the account the next morning and will not affect the stock market operations of the day)
The returns are not bad: The rate of return on reverse repurchase is related to the capital side of the market. The capital side is tight. The more money the market needs, the higher the rate of return on reverse repurchase.
Low handling fee: Reverse repurchase also has a slight handling fee, but it is relatively low. It charges 1 yuan per 100,000 yuan per day, with interest calculated on a daily basis and a cap of 30 yuan.
✮What are the trading varieties of convertible bonds?
The Shanghai Stock Exchange has various maturities such as 1, 2, 3, 7, 14, 28, 91, 182 days, etc. GC001 represents a bond with a 1-day term, and the number after GC represents the number of days, and so on~ The maturity types of the Shenzhen Stock Exchange are the same as those of the Shanghai Stock Exchange. , but the one-day period on the Shenzhen Stock Exchange is represented by R-001~
✮How to calculate income
Reverse repurchase income = annualized return on transaction volume, number of repurchase days/365 days (360 days for the Shanghai Stock Exchange);
Assume that 1 million yuan is used for one-day reverse repurchase of treasury bonds GC001, the transaction price is 8.825, the day's income = 1 million 8.825%/360 = 245.14 yuan, commission = 1 million 0.001% = 10 yuan, then the fund return = 245.14-10 =235.14 yuan, yield =235.14*360/1000000=8.465%
✮What time period is better for trading?
Generally, interest rates are higher during the two time periods of 9:30-10:00 and 13:50-14:00; you can also pay attention to the time period of 14:00-14:40, which also fluctuates greatly. If you pay attention, you may get unexpected results.
✮How to operate reverse repo? What is the operation method?
To put it simply, just find a high-yield product and sell it~
Taking HB Securities as an example, prepare at least 1,000.01 yuan
Some securities firms that specialize in smart stock trading tools will also have Treasury bond reverse repurchase conditionals.
When we preset the treasury bond reverse repurchase lending interest rate, the treasury bond reverse repurchase condition order will automatically lend the funds when the interest rate is met. If there are idle funds in the capital account and the short-term reverse repurchase market is good, you can operate short-term reverse repurchase according to the market situation to improve capital utilization; or when the annualized interest rate of long-term reverse repurchase products is high, you can timely capture the market situation and increase investment. income and reduce investment risks.
For example: the market has not been good recently, your stocks are in the light position stage, and you have more spare funds. It is the end of the year, and the yield trend of some treasury bond reverse repurchase products is relatively good, close to the annualized rate of 5%. Judgment When the interest rate of treasury bond reverse repurchase exceeds 6%, the spare funds can be invested in the 3-day treasury bond reverse repurchase product R003 of the Shenzhen Stock Exchange. Create a treasury bond reverse repurchase condition sheet in this way: select the investment type R003, and the default is 2 Within a trading day, when the annualized interest rate is higher than 6%, the sell order will be executed at the purchase price.
Since Treasury bond reverse repurchase is not subject to a 10% increase or decrease on the day, interest rates will fluctuate greatly. For example, on January 26, the highest annualized interest rate of GC001 was 33%, and the lowest annualized interest rate was 4.1%. The price is the annualized interest rate that can be obtained after maturity. If the setting is higher than 5% to buy, then the funds will be loaned out directly when the interest rate reaches 5%, and you can only enjoy the foreplay of high returns, but the real climax Still to come, is it possible to seize the higher point of interest rates?
The treasury bond reverse repurchase condition sheet also has a "fallback lending" function specially designed for experienced players with such needs:
For example, on January 26, investment GC001 can be set up like this: when the annualized interest rate is higher than 5 (actually 5%), the cumulative decline will be 10%, and funds will be lent;
After the annualized interest rate reaches 5%, it will not be triggered immediately. The sell order will not be triggered until there is a cumulative drop of 10% compared to the highest point.
When the position drops 10% cumulatively from the day's highest position of 33 (annualized interest rate 33%), the commission is triggered to lend funds at an annualized interest rate of 29% (29=33*(1-10%)).
Coupled with the Treasury Bond Reverse Repurchase Conditions, as long as your driving skills are good, you can easily take off on the Treasury Bond Reverse Repurchase. I also introduced an article on reverse repurchase when I wrote about the first new shares of the North Exchange before. You can read this article together.
Weibo Hydraulics, the first stock registered on the Beijing Stock Exchange, rose 190% on the first day. Which one is higher, the income from the new shares and the reverse repurchase on New Year's Day, which was 3.9 million?
Here I will give you a summary of the reverse repurchase in the past three years. In the table, the interest rate levels of the days when the reverse repurchase interest rate is higher each month are listed. You can compare them if necessary.
The stock market currently has its last three days. This year it is also because the central bank has cut interest rates, MLF has also cut interest rates, and the market liquidity is relatively abundant. Maybe the reverse repurchase interest rate this time is not high. By then, the reverse repurchase interest rate may rise. Friends who are interested can do it.