Xinda Securities: The demand for certificates of deposit from non-bank institutions has been significantly released, and the certificate of deposit Intrerest Rate is expected to continue to decline.

GoldenOctober2024

2025-06-10 04:31:35

Jin10 data reported on June 10 that Xinda Securities stated in a report that despite a significant increase in the maturity of time deposits in June, investment institutions are also facing reinvestment pressure. As overnight interest rates stabilize and ease, the demand from non-bank institutions has been significantly released, and the deposit rates are expected to continue to decline in the future. Considering the actual easing of funding rates and the potential space brought by the Central Bank’s bond purchases, short-term rates are expected to continue to decline, which may open up downward space for long-term rates, gradually moving towards lower levels.

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