GUANGZHOU (Fund China) – The demand deposit ratio encountered a cut since 5 years ago in the sixth interest ratio adjustment differed from the privious interest ratio plus. Oppositely, the lending rate over 5 years loan and the Housing Accumulation Fund ratio concerned closely with the citizen keep unmoved.some experts suggested to speculate in the currence market to evade the demand deposit ratio cut.

Spokesman from China Merchants Bank told the reporter, the demand ratio cut bring only a small influence to the citizen. Cause the amount of the deposit most of the people held for everday live and emergency need is not large. People can think about investing in the currency market which having the same capital mobility or the ultra short term financial derivatives offering at the bank if considering the demand deposit ratio is too low for them.

Interest ratio plus would lead to a part of capital circling back to the bank as people may feel safer to put money in the bank. the interest ratio plus brings little influence for the RMB financial derivatives which have been sold, but for the un-sold or un-published financial derivatives, it really necessary to keep an eye on interest ratio plus although the financial derivatives income ratio is higher than the saving deposit ratio at present.

It will be a un-expected elated news for people repaying the housing loan as the lending rate over 5 years loan and the Housing Accumulation Fund ratio keeping steadily. The privious interest ratio’s accumulated influence will release at January 2008 when repaying the load and the repaying loan stress would be heavier for the borrower if the housing Accumulation Fund ratio plus again this time.

Copyright Fund China 2009.

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