1. Demand deposit: interest rate 0.35%;
2. Time deposit in lump sum: three-month interest rate 1. 10%, half-year interest rate 1.30%, one-year interest rate 1.50%, two-year interest rate10% and three-year interest rate (2.75%).
3. installment withdrawal, installment withdrawal and fixed withdrawal: the annual interest rate is one year 1.35%, three years 1.55% and five years1.55%;
4, fixed work is convenient: enjoy a one-time discount of 60% interest rate at the same level within one year;
5. Agreement deposit:1.15%;
6. Notice deposit: 0.80% for one day, 7 days 1.35%.
Second, the loan interest rate:
1, with annual interest rate of 4.35%;
2. The interest rate for one year to five years (including five years) is 4.75%;
3. The interest rate over five years is 4.9%;
4. The interest rate for using provident fund loans for less than five years (including five years) is 2.75%, and the interest rate for more than five years is 3.25%.
The above is the relevant content of the benchmark interest rate of the central bank in 2022.
What is the responsibility of the central bank?
1. Agency finance: This is because the national financial revenue generally does not open another institution, so the finance is mostly represented by the central bank;
2. Acting as an agent for the issuance of treasury bonds: for example, commodities such as reverse repurchase of treasury bonds that users often know;
3. Financing for the government: For example, the Federal Reserve often expands the table for the US government to help government departments fill the temporary imbalance of fiscal revenue or the long-term fiscal deficit of the Finance Bureau;
4. Holding, managing and managing international reserves for the country: this includes foreign exchange, gold, reserve positions of the International Monetary Fund, unused special drawing rights allocated by the International Monetary Fund, etc.
5. Participate in international investment activities on behalf of government departments: users can often see that some major meetings will have high-level officials of the central bank at the scene, but high-level officials of government departments do not appear;
6. Providing economic and financial information and management decisions for government departments: This obviously depends on the market business issued by the central bank, such as interest rates such as LPR.
What are the RRR and interest rate cuts of the central bank?
1, RRR reduction is to reduce the statutory reserve ratio. Deposit reserve refers to the deposits deposited in the central bank in advance by financial institutions to ensure users' access to savings and asset settlement needs. The proportion of deposit reserve specified by the central bank to its total savings is the statutory reserve ratio. To put it simply, after absorbing the savings of the masses, banks need to pay the risk reserve in accordance with the statutory reserve ratio, and the rest can be used to issue loans;
2. Lowering interest rate means lowering deposit interest and loan interest, that is, lowering the interest in banks or loans. After reducing the deposit interest, depositors are reluctant to deposit their assets in banks, and more and more people can apply for loans after reducing the loan interest.
Interest rate cuts and RRR cuts are relatively loose monetary policies. By cutting interest rates, we can reduce the cost of social financing, thus enhancing the initiative of company expansion and alleviating the pressure on companies or individuals. RRR interest rate cuts can increase the currency multiplier and release a lot of assets to the market. In short, after the interest rate cut, the loan cost decreases, while after the RRR cut, the loanable assets increase. This paper mainly focuses on the relevant knowledge points of the central bank's benchmark interest rate in 2022, and the content is for reference only.