CCB's assets have long ranked second in China, but according to the third quarter report of 2023, it has temporarily fallen behind the Agricultural Bank of China in third place. However, this does not affect the safety of depositing money in CCB, or that the credit of the four major domestic banks is basically equivalent to the credit of the state.
China Construction Bank's business is very extensive, and it can handle deposits and withdrawals, purchase wealth management products, purchase funds, purchase large certificates of deposit, purchase treasury bonds, etc., some of which are principal and interest guaranteed, while others have certain risks, such as funds and wealth management products. It should be noted that these risky financial products are determined by their nature and have nothing to do with which bank they buy from.
For investors who do not want to suffer any risk of loss of principal, deposits, large certificates of deposit and treasury bonds are the best choices, assuming that the depositor has 70,000 yuan and the investment period is 2 years, how much interest can be obtained by purchasing the absolute security financial products mentioned above? Let's calculate it.
If 70,000 yuan is deposited into regular savings, how much interest will there be after 2 years of maturity?
CCB's conventional savings products have no deposit point requirements, and are divided into two categories: demand deposits and time deposits, and time deposits can be divided into six categories according to different deposit periods.
The annualized interest rate of demand deposit is 0.2%, what is the annualized interest rate? It can be simply understood as the interest that can be obtained by depositing 100 yuan a year, and 0.2% is the interest of 0.2 yuan. 70,000 yuan of living deposit for 2 years, the interest after maturity is:
70000*0.2%*2=280 yuan
The low yield of demand deposits is due to the low annualized interest rate, and it should be noted that the interest is calculated according to the current account for early withdrawal of fixed deposits and large certificates of deposit. For example, if Zhang San deposits 70,000 yuan into a three-year time deposit, and two years later, he is in a hurry to withdraw the money in advance, then the interest he can get is 280 yuan.
The second type of conventional savings is fixed deposits, which have different annualized interest rates for different tenors, which are calculated as follows.
1. 3-month time deposit
The annualized interest rate of CCB's 3-month fixed deposit is 1.25%, and the investment needs to be deposited and withdrawn repeatedly for 2 years, and the accumulated interest after maturity is as follows:
70000*1.25%*2=1750 yuan
2. 6-month fixed deposit
The annualized interest rate of a 6-month time deposit is a bit higher than that of a 3-month time deposit, which is 1.45%, and it also needs to be deposited and withdrawn repeatedly, and the total interest that can be obtained after maturity is:
70000*1.45%*2=2030 yuan
3.1 year term deposit
A 1-year fixed deposit is the most common type of time deposit, with an annualized interest rate of 1.55%, and the interest that can be earned after two deposits for exactly two years is:
70000*1.55%*2=2170 yuan
4.2 years term deposit
CCB 2-year fixed deposit, deposited for two years to maturity, the annualized interest rate is 1.85%, and the accumulated interest after maturity is:
70000*1.85%*2=2590 yuan
5.3 years term deposit
The annualized interest rate of CCB 3-year fixed deposit is 2.2%, and it must take 3 years to get all the principal and interest after depositing, so we will calculate the interest for 3 years and then convert it into 2 years of interest:
70,000 * 2.2% * 3 = 4,620 yuan, and the two-year interest is 3,080 yuan
6.5 Year Term Deposit
The annualized interest rate of a 5-year fixed deposit is the highest in the conventional one, reaching 2.25%, which is similar to a 3-year fixed deposit, and you can first find the full interest after maturity and then convert it into 2-year interest:
70,000 * 2.25% * 5 = 7,875 yuan, and the two-year interest is 3,150 yuan
If I buy a large certificate of deposit of 70,000 yuan, how much interest will I have after 2 years?
70,000 yuan is not possible to buy a large amount of certificates of deposit alone, and the starting point of a large certificate of deposit of China Construction Bank is 200,000 yuan, which requires depositors to pool funds with relatives and friends to buy together, and can sign an agreement in advance to share the interest according to the proportion of the principal to the total principal after maturity.
There are six types of certificates of deposit (CDs) in CCB, namely 1-month CDs, 3-month CDs, 6-month CDs, 1-year CDs, 2-year CDs, and 3-year CDs.
1. 1-month and 3-month certificates of deposit
The annualized interest rate of these two types of large-denomination certificates of deposit is exactly the same, both of which are 1.6%, and the interest after investing 70,000 yuan for 2 years is:
70000*1.6%*2=2240 yuan
2. 6-month certificates of deposit
The annualized interest rate of China Construction Bank's 6-month large-denomination certificate of deposit is 1.8%, and the interest that can be distributed according to the proportion of the principal after the maturity of the investment of 70,000 yuan is:
70000*1.8%*2=2520 yuan
3.1-year certificates of deposit
The annualized interest rate of CCB's 1-year certificate of deposit is 1.9%, and the interest you can get from investing for 2 years is:
70000*1.9%*2=2660 yuan
4. 2-year certificates of deposit
The annualized interest rate of CCB's 2-year large-denomination certificate of deposit is 2.15%, which matures 2 years after deposit, and the accumulated interest is:
70000*2.15%*2=3010 yuan
5. 3-year certificates of deposit
The 3-year CD has the highest interest rate among CCB's various savings products, with an annualized interest rate of 2.65%, and you need to wait for three years to get the full interest after purchase, and the total interest is calculated first and then converted into 2 years of interest:
70,000 * 2.65% * 3 = 5,655 yuan, and the two-year interest is 3,710 yuan
How much interest can you earn by buying government bonds and investing them for 2 years?
In addition to fixed deposits and large-value certificates of deposit, CCB also provides savings treasury bonds for principal and interest guaranteed. It should be noted that treasury bonds belong to the central government borrowing money from the society, and the issuer is the state, not the bank, and the China Construction Bank is just a distribution agency, but this does not affect the nature of the treasury bonds to promise to pay principal and interest.
The mainland's savings bonds are mainly divided into two categories, namely three-year and five-year tenors, and the interest on an investment of 70,000 yuan for two years is calculated as follows.
3-year treasury bonds: the annual interest rate is 2.63%, and the accumulated interest due after three years is 70,000 * 2.63% * 3 = 5,523 yuan, which is converted into two years of interest of 3,682 yuan
6-year treasury bonds: the annual interest rate is 2.75%, and the accumulated interest due after five years is 70,000 * 2.75% * 5 = 9,625 yuan, which is converted into two years of interest is 3,850 yuan
The yield of savings treasury bonds is indeed higher than that of time deposits, and it also has certain advantages over large-amount certificates of deposit, with almost no threshold, and you can invest more than 100 yuan.
As mentioned earlier, savings bonds are issued by the state, so they cannot be purchased anytime and anywhere, but can only be purchased when the Ministry of Finance issues government bonds. The scale of each issuance is not high, and it is generally tens of billions smaller, which is not enough in the face of tens of trillions of yuan of stock deposits. Friends who want to invest must be prepared in advance to "grab", and they are often sold out on the morning of the first day of issuance.