Some banks' wealth management products fell below 2%

Golden Ten Data reported on February 25 that recently, the performance of some wealth management products fell below 2% compared with the lower limit of the Benchmark and was widely followed by the market. Among them, there are both downward adjustments to the performance comparison benchmark of existing products, and the performance comparison benchmark of new products is directly set at less than 2%. For example, Guiyang Bank announced that according to the market situation, it will adjust the performance comparison benchmark of some financial products in the "Shuangyin Wealth" series in March 2025, among which, the lower limit of the adjusted performance comparison Benchmark of the three wealth management products such as "Shuangyin Wealth - Zhou Zhoubao" will reach 1.8%, 1.9% and 1.9% respectively, all of which will fall below 2%. During the interview, the reporter learned that the downward adjustment of the performance benchmark of wealth management products is not unrelated to factors such as abundant liquidity, the decline in the intrerest rate of funds, and the decline in the risk-free rate of return, including treasury bonds.