Some private banks offer high-yield certificates of deposit with an interest rate exceeding 2%, which are in high demand.

Recently, many banks have issued announcements for the issuance of large-denomination certificates of deposit. With the annual interest rates of large-denomination certificates of deposit from state-owned and joint-stock banks generally reaching into the "1" digit range, the attraction of the large-denomination certificates of deposit offered by many private banks with interest rates exceeding 2% is highlighted. However, these products generally have limited quotas and quickly sell out. Industry insiders interviewed stated that private banks offer large-denomination certificates of deposit with interest rate advantages to attract customers, but this is only a temporary and small-scale customer acquisition strategy, which is difficult to sustain in the long term. When choosing, investors should pay attention to the product term, exit mechanism, etc., and rationally allocate funds based on their own needs.