For example, in the transaction, I bought a mobile phone. I spent half the money to order a mobile phone from the manufacturer and got the bill of lading. Sell it to you.
I earn money to sell a mobile phone, and I pay only half of the principal, so my leverage is twice as high.
Maturity mismatch, such as deposits, the best is 1 year term loan. But usually the deposit is not that long, but the loan is very long. So, it can only be a mismatch. Banks use interest costs to absorb deposits. If they can't lend smoothly, they will lose money. Therefore, we can only raise funds in the short term, but at the same time, we can keep the overall stability. There is a bigger spread in the middle because the short-term interest rate is low.
Question 2: What is maturity mismatch? If the duration of risk mitigation is shorter than the current duration of risk exposure, there will be maturity mismatch. If there is maturity mismatch and the remaining maturity of risk mitigation is less than one year, the role of risk mitigation in capital requirements is not recognized.
Question 3: What does P2P maturity mismatch mean? This means that it is not set correctly.
Question 4: What does the maturity mismatch of fund assets and liabilities mean?
Maturity mismatch, such as short-term liabilities and long-term investment assets, is prone to liquidity risk. Liabilities are long-term, assets are short-term, and it is not common that income may not cover the cost. The general term mismatch refers to the former.
Question: What does p2p maturity mismatch mean? This is one of the three definitions of cash pool, namely "object mismatch", "term mismatch" and "fund scale mismatch". If one of them is mismatched in the P2P platform, it is equivalent to forming a pool of funds, which is illegal.
"Term mismatch" means that if I represent the P2P platform and someone needs to borrow money, and the borrowing time is half a year, I will post that the borrowing time is one year, resulting in the funds staying in my account for half a year. This is "maturity mismatch", forming a pool of funds.
Question: What does p2p maturity mismatch mean? There are two kinds of maturity mismatch: the short-term standard maturity mismatch with the platform maturity mismatch. It is necessary to examine whether the term of the target term loan matches. For some financial leasing projects, the term of the loan is shorter than that of the loan. The problem of maturity mismatch is that the platform is more likely to expose account risks, and several defaults increase the platform's running style.
Question 7: How to distinguish maturity mismatch of wealth management products means that some P2P platforms in the industry often split long-term financing projects into short-term projects in order to satisfy investors' preference for short-term investment, so as to achieve the purpose of quick financing. For example, split the one-year bid into 12 one-month bids and send them. Generally speaking, the platform issues wealth management products for one month to achieve rapid financing, but short-term financing is placed on long-term (one-year) projects, so after one month, the funds cannot be returned. So, a month later, the platform issued another wealth management product with an investment period of one month, and then integrated it. It can also be said that it is "short-term deposit and long-term loan". This phenomenon exists not only in the P2P industry, but also in the banking industry.
On the surface, maturity mismatch has enhanced liquidity and achieved rapid financing, but the risks behind it should not be underestimated. Once there is a problem in a certain link of "trade-in" (for example, in the seventh month, investors reduce the purchase or withdrawal of wealth management products), then the capital chain may break, the platform will close down, and investors will not get their money back (if the short-term deposit and long-term loan are too serious, the bank will close down).
Question 8: What is the liquidity risk of the bank acceptance bill mismatch bill market? It is caused by maturity mismatch, that is, borrowing short-term funds to match long-term bills. If you buy 6 bills, you should borrow 6-month funds to match them. But as we all know, the shorter the term of funds, the lower the interest rate of funds. Therefore, many institutions match their long-term bills by borrowing short-term funds for 7 to 14 days. Theoretically, as long as the short-term capital keeps flowing and the short-term interest rate is always at a low level, there will be no risk. However, when the maturity is mismatched, risks arise. For example, there is a shortage of money of 20 13, and there is no money to continue operations after the mismatch expires, resulting in the risk of default. At the end of 20 14, the discount short-term interest rate rose sharply from 4% to about 8%, which caused many institutions with mismatched bills to suffer heavy losses.
Financial institutions should rationally allocate the sources and uses of funds for interbank business, bring interbank business into the framework of liquidity management, strengthen the management of maturity mismatch and control liquidity risks. First, it is necessary to control the total amount of mismatch business and comprehensively consider the risk tolerance and market financing ability of institutions; The second is to scientifically arrange the mismatch period and the calendar of long-term repurchase. The mismatch period should not be too short, the repurchase time should not be too concentrated, and sensitive points such as the end of the season and the peak of IPO issuance should be avoided; Third, analyze and stress test the duration and interest rate of stock business regularly, set the stop loss rate, judge the trend of interest rate, and prepare to close the position and stop loss in time when necessary. As for some small and medium-sized financial institutions, regardless of their own risk tolerance, they operate mismatch business on a large scale and misappropriate mismatch interest for profit-making operations, which must attract the attention of the whole market to prevent risks from being transmitted in the internal and external markets and triggering systemic risks in the bill market.
Pulan Finance, 400-670-6800, your bill is a good helper.
Question 9: What does mismatch mean in bill business? Mismatch refers to the mismatch of fund term. That is, borrowing short-term funds to match long-term bills. If you buy 6 orders, if the funds are not well matched, you can borrow 6-month funds to match them. But as we all know, the shorter the term of funds, the lower the borrowing interest rate. Therefore, many institutions match their long-term bills by borrowing short-term funds for 7 to 14 days. Theoretically, as long as the short-term capital keeps flowing and the short-term interest rate is always at a low level, there will be no risk. But when everyone mismatches the deadline, risks arise, such as 20 13 money shortage. At the end of 20 14, the discount short-term interest rate rose sharply from 4% to about 8%, which caused many institutions with mismatched bills to suffer heavy losses. Mismatch is risky, and many big banks are not allowed to handle mismatch business. But when people are in rivers and lakes, there are always people who make money.
Question10: What does maturity mismatch mean in P2P financing? Term mismatch can be divided into two situations: short-term bid, long-term bid and start time mismatch. For platform maturity mismatch, it is necessary to check whether the target maturity matches the loan maturity. For example, some financial leasing projects generally have a long term and a short loan term, which leads to maturity mismatch. In addition, if the concentration of platform borrowers is high, the platform will face greater repayment risk, and once there are several major defaults, it will increase the risk of platform running.