Future chat group

Lei Hao asked how much money was available. Of course, it was not that he was unclear about the distribution of his assets, but that he needed his subordinates to give a number after weighing it.

Financial investment is leveraged, and the distribution of funds is relatively complex. When people like Tao Liyu and Xiang Yongze made reports to Lei Hao, they could no longer specifically state the capital occupation of each underlying security, although there were reports. , Lei Hao won’t look at it either.

Therefore, only the person in charge of the specific project knows the detailed situation. Lei Hao can know it at any time, but he does not need to know it. He can point out the direction and ask questions, and his subordinates will naturally answer them for him.

"Renminbi?" There are several currencies in Thunder Group's funds. Vice President Xiang Yongze is relatively clear about the data, but after hearing this, he can only ask: "Mainland or Asia-Pacific? Head office and branches It’s also a little different.”

"Mainland, those people from Shibor Asia-Pacific won't hedge against us." Lei Hao said with a smile.

Last night he asked the people in the research and analysis department to work on the Shibor situation. It doesn't matter if he points it out now. Anyway, everyone is somewhat mentally prepared.

"If it doesn't affect the original project, 1 billion. If we raise the project leverage and allocate funds, 2 billion is not difficult. If it's more, the risk control department..." Xiang Yongze looked at Luo Ziyang, who had been silent, and fell silent.

Luo Ziyang was sitting in his seat, his temples were jumping. Is he satisfied with Lei Hao? Of course satisfied.

Although Lei Hao always had conflicts with the risk control department when investing, he won every time. Luo Ziyang often experienced the steps of being reprimanded by the regulatory authorities and then slapped back after the results appeared, acting out a drama of falling in love and killing each other. .

As a subordinate, Luo Ziyang can only say that this kind of life is too exciting.

Luo Ziyang is not only Lei Hao's subordinate, he is also Lei Hao's "father-in-law", and Qiu Yuting was raised by him as his daughter.

Of course Luo Ziyang is happy that Lei Hao has achieved results, but...it's not good to play with heartbeat every time.

"Analyze the specific situation in detail." Luo Ziyang said dullly, without showing any attitude, but he did not object, in fact he agreed.

Everyone present at the meeting couldn't help but laugh. The father-in-law is in charge of risk control, and the son-in-law is the boss. One is as stable as a mountain, and the other is like a tiger descending from the mountain. However, the latter made no mistakes. This is very embarrassing.

Fortunately, everyone was used to the invisible "confrontation" between these two people, so they revealed the matter while holding back their laughter. Moreover, Lei Hao raised the topic of discussing the investment direction. Su Yiwen and others heard Xiange's intention and directly asked the question. Asking for instructions and clarifying the matter will leave space for Lei Hao and other people in the investment department to talk.

After everyone had left, Lei Hao looked at the people sitting in the conference room, feeling a little dazed.

Yu Rong, Zhou Junyun, Xiang Yongze, Tao Liyu, Xia Yibei, Zhao Lichen... the old employees of Yishui are only a little over a year old, but they seem to have experienced half a century. The foundation of Thunder is this group of people. Beaten down.

"How many people saw the message I sent last night?" The small conference room was more casual, Lei Hao seemed to speak more casually, but Yu Rong and others did not dare to neglect.

Every email from Lei Hao is an imperial edict to the people of Thunder Group, especially those in the investment department of Thunder Group. Old subordinates who have experienced many projects value it more.

Why are everyone staring at the dark circles under their eyes? It's not because I read the documents too late last night.

After hearing Lei Hao's inquiry and Yu Rong secretly scolding him for his lack of loyalty, everyone turned their attention to the research and analysis department.

"Ahem, let me say a few words." Yu Rong was speechless, but he was in charge of the research and analysis department. He wasn't going to take the lead? Who's on?

“Currently, the one-month Shibor is 4.7530%, and the 3-month, 6-month, 9-month and one-year Shibor are relatively normal, upwards of 3%, but the overnight lending rate is 2.0140%, and the 1-week Shibor is 2.0140%. 2.280%, 2.985% in two weeks. In the interbank market, it peaked from the third week until the fourth and a half weeks, and began to decline in a curve in the fifth week..."

“The Shibor of 3 months, 6 months, 9 months and one year is lower than that of 3 weeks to 5 weeks. The inversion phenomenon is obvious, which shows that banks believe that there will be a decline in the period from the third week to the fifth week. There is a shortage of money.”

“The phenomenon of mistimed funds is obvious, but what we must know is that at this time, the central bank will take action. The market estimates that after the central bank releases temporary liquidity of several hundred to one hundred billion, Shibor will be slightly higher than the current level. Some values ​​are low, and if you include the risk variable that the central bank does not inject liquidity, this data appears normal."

Yu Rong is not a mediocre person. He can manage the research and analysis department of the Thunder. Although he has the help of Lei Hao, he also has two brushes, and he can talk about all kinds of data and situations.

Shibor's data, the so-called 2%, 3%, and 4%, are all annual interest rates, and they all include data on lending and borrowing. Generally, lending is slightly lower than borrowing, and the published data is the interbank lending rate. the arithmetic average interest rate.

For example, if you borrow 2% overnight, you can borrow 1 million, which is equivalent to earning 20,000 a year. However, you only borrow one day, so 20,000 divided by 365 days is your income.

If it is 2.5% per week, you are lending 1 million, which is equivalent to an annual interest of 25,000. Divide by 365 and then multiply by 7, which is your income.

It seems that the number is very small. It takes only 1 million to earn a few dollars a day. The problem is that the base is large.

What was the transaction volume of China's interbank market last year? The answer is more than 50 trillion!

Yes, 50 trillion! 50 trillion! 50 trillion!

Why so many? Because basically every time money flows, it contributes to this number.

The China Foreign Exchange Trading Center is also called the National Interbank Lending Center. As long as it is a RMB transaction, it will basically add to the total transaction volume.

It's very simple. Banks, large and small, must abide by the deposit reserve ratio regulations. If it is 15%, it means that no matter how much deposits you absorb, you must keep 15%. The central bank pays interest to the bank's deposits, and the Federal Reserve does the same.

But do banks absorb deposits, keep the money and lose money? Of course not. Should we issue loans or make loans? Should customers use credit cards to make purchases?

This will lead to a problem. The bank's capital position is not enough, or exceeds 15%. What should I do? If you have a borrowing position in the inter-bank market, you are short of 10 billion? I have it. I'll lend it to you for a day or two. In two days, my position may be short.

At the market close every day, all banks must close their positions to ensure that your deposit reserve ratio and other required data meet the standards, otherwise... hahaha.

Therefore, banks will not stop working passively just because the 15% line is there. Anyway, the market demand is like that. If you get it, it means that there is a missing piece of meat. It means that other banks should have positions, which means that you can use the inter-bank lending market to transfer the day's profits. Positions are closed.

The currency issue is the final and most important financial issue, and its complexity is beyond imagination.

In short, Shibor's data represents the liquidity and flow conditions of China's financial market. Its rise and fall are closely related. Lei Hao is eyeing such a thing now, but it involves a lot.