In recent days, the trend of A-shares has not been good, and investors are having a hard time. Compared with "financial consumers", although the deposit interest rate has decreased, at least there is no need to worry about investment losses, and from this point of view, saving money is a better choice.
ICBC is one of the four major state-owned banks in the mainland, and there is no need to worry about the safety of deposits when depositing money in ICBC. First, there is a deposit insurance "escort" within 500,000 yuan, and second, the commercial credit of ICBC is almost equivalent to national credit. So how much income can you get after three years by depositing 200,000 yuan in ICBC and calculating interest at the current interest rate? Let's do the math.
What is the three-year interest for depositing a demand deposit with ICBC?
The latest annualized interest rate of demand deposits of the four major state-owned banks, including the Industrial and Commercial Bank of China, is 0.15%, and 200,000 yuan is deposited in the demand deposit, and the total interest that can be obtained is: 200,000 yuan * 0.15% * 3 = 900 yuan
The interest of 200,000 yuan for three years is only 900 yuan, which obviously cannot satisfy the vast majority of depositors. Although the liquidity of demand deposits is good, the interest rate is too low to be used as a temporary transition, and it is not recommended to keep large amounts of funds in demand deposits for a long time.
What is the three-year interest rate for a fixed deposit with ICBC?
Compared with demand deposits, ICBC's fixed deposits have also experienced interest rate cuts, but the yield is obviously much higher. ICBC's fixed deposits are divided into six categories according to the different tenors of the deposits, namely three-month, six-month, one-year, two-year, three-year and five-year tenors, which we calculate separately.
1. Three-month term deposit
The annualized interest rate of ICBC's latest three-month fixed deposit is 1.05%, and the total return at maturity is 200,000 yuan * 1.05% * 3 = 6,300 yuan after being deposited for three years
2. Six-month term deposit
The annualized interest rate of ICBC's latest six-month fixed deposit is 1.25%, and the total return at maturity is 200,000 yuan * 1.25% * 3 = 7,500 yuan after being deposited for three years
3. One-year term deposit
The annualized interest rate of ICBC's time deposit in the latest year is 1.35%, and the total return at maturity is 200,000 yuan * 1.35% * 3 = 8,100 yuan after being deposited for three years
4. Two-year term deposit
The annualized interest rate of ICBC's latest two-year fixed deposit is 1.45%, and two consecutive two-year fixed deposits need to be deposited, so we first calculate all the interest and then convert it into three-year interest: 200,000 yuan * 1.45% * 4 = 11,600 yuan, and the cumulative interest for three years is 8,700 yuan
5. Three-year term deposit
The annualized interest rate of ICBC's latest three-year fixed deposit is 1.75%, and all the principal and interest will be withdrawn exactly three years after depositing once, and the interest part is: 200,000 yuan * 1.75% * 3 = 10,500 yuan
6. Five-year fixed deposit
The annualized interest rate of ICBC's latest five-year fixed deposit is 1.8%, and it is necessary to wait for five years to get back all the principal and interest after depositing, and the three-year income is calculated as follows: 200,000 yuan * 1.8% * 5 = 18,000 yuan, which is converted into a three-year income of 18,000 / 5 * 3 = 10,800 yuan
What is the three-year income of purchasing ICBC large-denomination certificates of deposit?
With the decline in fixed deposit rates, large certificates of deposit are becoming more and more popular with risk-averse investors. Although the yield of large-amount certificates of deposit is also falling, it is still much higher than that of time deposits, and 200,000 yuan to purchase various types of large-amount certificates of deposit from ICBC will have the following three-year returns.
1. Certificates of deposit with a tenor of one month and three months
The annualized interest rate of the two large-amount certificates of deposit of ICBC is the same, both of which are 1.4%, and 200,000 yuan is used to purchase large-amount certificates of deposit for one month and three months for many times, and the cumulative income after three years is: 200,000 yuan * 1.4% * 3 = 8,400 yuan
2. Certificates of deposit with a six-month deposit period
The annualized interest rate of ICBC's six-month large-denomination certificates of deposit is 1.4%, and the cumulative income after three years of 200,000 yuan for multiple six-month large-denomination certificates of deposit is: 200,000 yuan * 1.6% * 3 = 9,600 yuan
3. Certificates of deposit with a tenor of one year
The annualized interest rate of ICBC's one-year large-amount certificates of deposit is 1.7%, and 200,000 yuan to purchase three six-month large-amount certificates of deposit, after three years, the cumulative income is: 200,000 yuan * 1.7% * 3 = 10,200 yuan
4. Certificates of deposit with a two-year deposit period
The annualized interest rate of ICBC's two-year large-amount certificate of deposit is also 1.7%, and you can get four years of interest after buying 200,000 yuan twice, which is converted into a three-year income of 200,000 yuan * 1.7% * 4 = 13,600 yuan, and a three-year income of 13,600 yuan / 4 * 3 = 10,200 yuan
5. Three-year certificates of deposit
The annualized interest rate of ICBC's three-year large-denomination certificate of deposit is also 2.15%, the investment period is three years, and the total interest that can be obtained after maturity is: 200,000 yuan * 2.15% * 3 = 12,900 yuan
Savings bonds are another good option
In addition to fixed deposits and large certificates of deposit, ordinary investors who want to invest in products that are sure to make a profit without losing money can also choose to save treasury bonds.
The latest savings treasury bonds are divided into two categories, three-year treasury bonds with an annual interest rate of 2.38% and five-year treasury bonds with an annual interest rate of 2.5%, what is the accumulated interest after two hundred thousand yuan is purchased for three years? Let's do the math.
Three-year period: 200,000 * 2.38% * 3 = 14,280 yuan
Five-year period: 200,000 * 2.5% * 3 = 15,000 yuan
From the calculations, it can be found that the yield on treasury bonds is much higher than that of large certificates of deposit, and it is obviously more cost-effective to invest in treasury bonds. However, there are also shortcomings in treasury bonds, that is, the number of treasury bonds is too small, and tens of billions of yuan are issued each time, and they are often sold out in an instant; friends who want to invest in treasury bonds need to queue up at the bank in advance, and if they go to play, they will have no share, so they can only wait for the next time.