Guaranteed fixed income
Edit: Financial 360 finishing
Source: Fusion 360
Guaranteed fixed income refers to the commercial bank paying the investor the full amount of principal and fixed income in accordance with the terms of the contract.
Guaranteed fixed incomeIt means that the commercial bank pays the investors the full amount of principal and fixed income in accordance with the contractual matters. The capital purchased by investors will receive a fixed income after the fixed income product expires, and the investment risk will be borne by the bank. But investors do not get fixed income completely and unconditionally. The supervisory authority is trying to prevent the bank from taking a high interest rate and saving the bank. It is stipulated that the bank cannot promise unconditional fixed income. In guaranteed-earnings fixed-income products, the contract provides that banks have the right to terminate the product at a specific time or under certain conditions, and investors do not own it.
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