• 微博
  • 微信微信二维码

广东省人民政府首页  >  要闻动态  >  广东要闻

宝宝类货币基金的收益为何越来越少?

来源: 南方日报网络版     时间: 2019年06月25日 21:58:18
【字体:

澳洲幸运10代理平台直属招商客服QQ【7915✶171】诚招代理龙虎和龙虎1赔2.211合1赔9.95,定位胆1赔9.95腾讯5,10分欢乐生肖,最高返水100反9快,最高赔率,正规信誉大平台平台24h提供注册及登录。宝宝类货币基金的收益为何越来越少?

马布里居然说詹姆斯不如一个高中生!老马你多久没看NBA了! 中超22轮积分榜射手榜,鲁能追前三华夏升第6,武磊优势明显 唏嘘!表演赛仅得2分4板,昔日詹姆斯冠军队友或已难返NBA 柏林马拉松诞新世界纪录!基普乔格2:01:39夺冠 基普乔格历史第一人!11战只输1场这次柏林封神 阿莱格里新阵激活尤文梅西 “梅罗”合体不是梦 詹皇理想搭档已浮出水面,他或提前在做准备,湖人能否再现OK组合 全欧颤抖!C罗终开启杀神模式 助尤文创一神迹 火箭想夺冠万事俱备只欠一人,这次真要考验莫雷的手段了! 双喜临门!C罗梅开二度终破球荒 联赛400球诞生 现场直击,李霄鹏压力下的救赎,最佳组合不能拆,挥霍机会险被惩罚 李霄鹏点评韩泽及U23球员,说出防守变化,关键是态度 谁是下一个中国三栖格斗家?太极实战第一人韩飞龙有得天独厚优势 火箭组四巨头良机?巴特勒下达最后通知,休城或迎夺冠最后拼图 搜狐酒业周报丨“黄牛”凌晨两点排队抢茅台;剑南春董事长受审

(第)(二)(,资)(金)(市)(场)(利)(率)(整)(体)(快)(速)(回)(落)(。货)(币)(政)(策)(微)(调)(对)(货)(币)(基)(金)(收)(益)(率)(的)(影)(响)(,还)(需)(要)(通)(过)(资)(金)(市)(场)(利)(率)(来)(传)(导)(,特)(别)(是)(资)(金)(市)(场)(短)(期)(利)(率)(对)(于)(货)(币)(基)(金)(的)(影)(响)(更)(大)(,这)(是)(因)(为)(货)(币)(基)(金)(主)(要)(投)(资)(于)(期)(限)(在)(一)(年)(以)(内)(的)(债)(券)(、存)(单)(和)(银)(行)(存)(款)(等)(流)(动)(性)(好)(的)(资)(产)(。一)(般)(而)(言)(,当)(货)(币)(宽)(松)(时)(,资)(金)(市)(场)(利)(率)(下)(行)(,货)(币)(基)(金)(投)(资)(的)(债)(券)(、存)(单)(等)(收)(益)(率)(也)(跟)(随)(下)(行)(,反)(之)(则)(相)(反)(。数)(据)(也)(显)(示)(,货)(币)(基)(金)(的)(投)(资)(收)(益)(率)(与)(3月)(期)(Shibor利)(率)(走)(势)(虽)(然)(有)(一)(定)(的)(滞)(后)(期)(,但)(二)(者)(的)(变)(化)(趋)(势)(几)(乎)(完)(全)(一)(致)(。货)(币)(政)(策)(的)(微)(调)(,引)(导)(了)(3月)(期)(Shibor利)(率)(和)(货)(币)(基)(金)(收)(益)(同)(步)(大)(幅)(回)(落)((参)(见)(下)(图)()。
第)(三)(,股)(市)(暴)(跌)(导)(致)(避)(险)(资)(金)(大)(量)(流)(入)(货)(币)(基)(金)(。自)(宝)(宝)(类)(货)(币)(基)(金)(产)(品)(诞)(生)(以)(来)(,它)(不)(仅)(成)(为)(老)(百)(姓)(触)(手)(可)(及)(的)(投)(资)(渠)(道)(,还)(是)(许)(多)(投)(资)(者)(流)(动)(性)(管)(理)(的)(工)(具)(。而)(今)(年)(货)(币)(基)(金)(收)(益)(率)(快)(速)(下)(滑)(,但)(基)(金)(份)(额)(却)(逆)(势)(扩)(张)(,与)(股)(市)(低)(迷)(有)(一)(定)(的)(关)(联)(。从)(历)(史)(数)(据)(看)(,2015年)(6月)(股)(灾)(爆)(发)(后)(,货)(币)(基)(金)(份)(额)(从)(2.47万)(亿)(份)(增)(长)(至)(当)(年)(末)(的)(4.57万)(亿)(份)(,短)(短)(半)(年)(内)(接)(近)(翻)(一)(番)(。同)(样)(,今)(年)(以)(来)(,我)(国)(股)(票)(市)(场)(持)(续)(低)(迷)(,至)(8月)(末)(沪)(深)(300指)(数)(距)(年)(初)(高)(点)(累)(计)(跌)(幅)(已)(达)(24%(参)(见)(下)(图)()。也)(正)(是)(在)(此)(期)(间)(,货)(币)(基)(金)(规)(模)(持)(续)(快)(速)(攀)(升)(,从)(年)(初)(的)(7.1万)(亿)(份)(到)(8月)(末)(的)(8.54万)(亿)(份)(,增)(幅)(达)(20%。
第)(四)(,货)(币)(基)(金)(与)(短)(期)(理)(财)(基)(金)(、P2P投)(资)(的)(替)(代)(效)(应)(。短)(期)(理)(财)(基)(金)(是)(上)(半)(年)(销)(售)(最)(火)(热)(的)(基)(金)(品)(种)(之)(一)(,整)(体)(规)(模)(超)(过)(7000亿)(元)(,然)(而)(按)(照)(“资)(管)(新)(规)(”要)(求)(,采)(取)(摊)(余)(成)(本)(法)(估)(值)(的)(短)(期)(理)(财)(基)(金)(一)(直)(存)(有)(整)(改)(的)(压)(力)(,果)(不)(其)(然)(,7月)(初)(监)(管)(部)(门)(发)(布)(《关)(于)(规)(范)(理)(财)(债)(券)(基)(金)(业)(务)(的)(通)(知)(》,要)(求)(短)(期)(理)(财)(基)(金)(按)(债)(券)(型)(基)(金)(规)(则)(进)(行)(规)(范)(,调)(整)(投)(资)(范)(围)(和)(投)(资)(比)(例)(至)(“80%以)(上)(资)(产)(投)(资)(于)(债)(券)(”,整)(改)(期)(间)(存)(量)(只)(减)(不)(增)(。这)(一)(监)(管)(新)(形)(势)(,使)(得)(大)(量)(短)(期)(理)(财)(基)(金)(的)(到)(期)(资)(金)(流)(入)(到)(货)(币)(基)(金)(。
再)(来)(看)(P2P与)(货)(币)(基)(金)(之)(间)(的)(替)(代)(效)(应)(。在)(余)(额)(宝)(、零)(钱)(宝)(、P2P等)(各)(类)(互)(联)(网)(金)(融)(产)(品)(快)(速)(发)(展)(的)(早)(期)((2014年)(-2015年)(),货)(币)(基)(金)(规)(模)(和)(P2P实)(现)(了)(同)(步)(快)(速)(增)(长)(,不)(存)(在)(相)(互)(替)(代)(关)(系)(,它)(们)(都)(是)(对)(银)(行)(存)(款)(腾)(挪)(的)(结)(果)(。然)(而)(,2016年)(以)(来)(,货)(币)(基)(金)(、P2P产)(品)(成)(为)(许)(多)(老)(百)(姓)(重)(要)(的)(理)(财)(渠)(道)(,二)(者)(此)(消)(彼)(长)(的)(替)(代)(关)(系)(日)(益)(凸)(显)(,例)(如)(2016年)(货)(币)(基)(金)(规)(模)(停)(止)(增)(长)(,P2P成)(交)(额)(则)(快)(速)(增)(长)(。同)(样)(,今)(年)(以)(来)(,在)(P2P暴)(雷)(潮)(影)(响)(下)(,P2P成)(交)(额)(持)(续)(萎)(缩)((参)(见)(下)(图)(),资)(金)(流)(出)(并)(进)(入)(货)(币)(基)(金)(的)(趋)(势)(十)(分)(明)(显)(。
3
货)(基)(收)(益)(创)(新)(低)(的)(概)(率)(不)(大)(
货)(币)(基)(金)(收)(益)(率)(是)(否)(会)(进)(一)(步)(下)(行)(,或)(许)(是)(宝)(宝)(类)(投)(资)(者)(心)(中)(的)(疑)(问)(。在)(笔)(者)(看)(来)(,从)(当)(前)(货)(币)(环)(境)(、内)(外)(经)(济)(形)(势)(来)(看)(,货)(币)(基)(金)(收)(益)(率)(持)(续)(下)(滑)(、达)(到)(前)(期)(低)(点)(2.5%左)(右)(的)(可)(能)(性)(较)(低)(,这)(主)(要)(有)(以)(下)(三)(方)(面)(原)(因)(:
首)(先)(是)(货)(币)(政)(策)(偏)(松)(的)(趋)(势)(正)(在)(得)(到)(矫)(正)(。8月)(下)(旬)(以)(来)(,央)(行)(连)(续)(多)(日)(暂)(停)(逆)(回)(购)(的)(现)(象)(并)(不)(鲜)(见)(,反)(映)(到)(公)(开)(市)(场)(操)(作)(中)(,央)(行)(坚)(持)(不)(搞)(“大)(水)(漫)(灌)(”、对)(前)(期)(偏)(松)(货)(币)(政)(策)(进)(行)(矫)(正)(的)(倾)(向)(较)(为)(明)(显)(,货)(币)(净)(回)(笼)(时)(间)(多)(于)(货)(币)(净)(投)(放)(。
此)(外)(,9月)(份)(美)(联)(储)(再)(加)(息)(、人)(民)(币)(贬)(值)(预)(期)(和)(当)(前)(国)(内)(的)(通)(胀)(压)(力)(都)(将)(对)(偏)(宽)(松)(货)(币)(政)(策)(形)(成)(掣)(肘)(。由)(此)(,货)(币)(政)(策)(由)(前)(几)(个)(月)(偏)(宽)(松)(重)(新)(恢)(复)(到)(稳)(健)(,也)(将)(反)(映)(到)(资)(金)(市)(场)(利)(率)(的)(变)(化)(上)(,8月)(下)(旬)(以)(来)(,各)(个)(期)(限)(的)(Shibor利)(率)(都)(已)(实)(现)(了)(触)(底)(反)(弹)(,进)(一)(步)(下)(行)(的)(可)(能)(性)(较)(低)(。在)(此)(背)(景)(下)(,货)(币)(基)(金)(收)(益)(率)(持)(续)(下)(行)(的)(基)(础)(条)(件)(也)(将)(不)(复)(存)(在)(。
其)(次)(,地)(方)(政)(府)(债)(券)(供)(给)(扩)(张)(或)(将)(加)(大)(短)(期)(流)(动)(性)(压)(力)(。从)(7月)(23日)(国)(务)(院)(常)(务)(会)(议)(上)(提)(出)(“加)(快)(地)(方)(政)(府)(专)(项)(债)(券)(发)(行)(和)(使)(用)(进)(度)(,在)(推)(动)(在)(建)(基)(础)(设)(施)(项)(目)(上)(早)(见)(成)(效)(”,到)(7月)(31日)(,中)(央)(政)(治)(局)(会)(议)(提)(出)(“加)(大)(基)(础)(设)(施)(领)(域)(补)(短)(板)(的)(力)(度)(”,近)(两)(个)(月)(地)(方)(政)(府)(债)(券)(发)(行)(进)(入)(快)(车)(道)(,7月)(-8月)(两)(个)(月)(地)(方)(政)(府)(债)(券)(发)(行)(规)(模)(1.64万)(亿)(元)(,两)(个)(月)(发)(行)(总)(额)(超)(过)(上)(半)(年)(总)(额)(。地)(方)(政)(府)(债)(券)(发)(行)(规)(模)(的)(大)(扩)(张)(,加)(大)(了)(短)(期)(流)(动)(性)(压)(力)(。另)(外)(,大)(量)(基)(建)(投)(资)(、PPP项)(目)(重)(新)(上)(马)(,也)(增)(加)(了)(实)(体)(经)(济)(的)(融)(资)(需)(求)(。这)(些)(资)(金)(需)(求)(形)(成)(的)(流)(动)(性)(压)(力)(,也)(将)(对)(资)(金)(市)(场)(利)(率)(和)(货)(币)(基)(金)(收)(益)(率)(形)(成)(有)(效)(支)(撑)(。
最)(后)(,A股)(和)(P2P资)(金)(净)(流)(出)(的)(趋)(势)(有)(望)(得)(到)(缓)(解)(。当)(前)(,A股)(市)(场)(正)(在)(筑)(底)(,上)(证)(综)(指)(在)(2700点)(上)(下)(拉)(锯)(震)(荡)(的)(可)(能)(性)(较)(大)(,资)(金)(大)(规)(模)(净)(流)(出)(的)(趋)(势)(正)(在)(缓)(解)(。另)(外)(,P2P暴)(雷)(潮)(也)(在)(渐)(渐)(平)(息)(——7月)(中)(旬)(,监)(管)(部)(门)(发)(布)(108条)(网)(贷)(备)(案)(验)(收)(细)(则)(、引)(入)(资)(产)(管)(理)(公)(司)((AMC)协)(助)(化)(解)(网)(贷)(风)(险)(等)(政)(策)(,将)(逐)(渐)(稳)(定)(当)(前)(P2P的)(信)(心)(危)(机)(;网)(贷)(之)(家)(统)(计)(的)(新)(增)(问)(题)(平)(台)(已)(从)(7月)(的)(170家)(下)(降)(为)(8月)(的)(53家)(,P2P资)(金)(净)(流)(出)(现)(象)(明)(显)(缓)(解)(,头)(部)(平)(台)(已)(经)(恢)(复)(了)(资)(金)(净)(流)(入)(。由)(此)(,前)(期)(大)(量)(进)(入)(货)(币)(基)(金)(短)(期)(避)(险)(资)(金)(将)(逐)(渐)(减)(少)(,甚)(至)(会)(重)(新)(回)(到)(资)(本)(市)(场)(和)(P2P市)(场)(,货)(币)(基)(金)(的)(资)(金)(流)(出)(,也)(将)(对)(其)(收)(益)(率)(产)(生)(正)(面)(效)(应)(。返)(回)(搜)(狐)(,查)(看)(更)(多)(
责)(任)(编)(辑)(:
)


相关文章

版权所有:南方新闻网 粤ICP备05070829 网站标识码4400000131
主办:南方新闻网 协办:广东省经济和信息化委员会 承办:南方新闻网
建议使用1024×768分辨率 IE7.0以上版本浏览器