Under the volatility of the bond market, small and medium-sized banks have their own plans.

A reporter's investigation found that the pattern of "large banks lending and small banks buying bonds" still exists in the banking industry since this year. However, in the volatile bond market environment, the bond allocation strategies of small and medium-sized banks are gradually showing differentiation: while some small and medium-sized banks are heavily buying long-term bonds, others are focusing on short-term varieties and cautiously allocating. Industry insiders believe that the recent increase in allocation of medium and long-term bonds by small and medium-sized banks is a passive choice under the background of shrinking net interest margins and "asset scarcity". By extending the duration to increase returns, it helps to alleviate short-term profit pressure and fund accumulation. "In a situation where effective demand for credit has not fully recovered, allocating long-term bonds is a better choice to revitalize idle funds and balance returns," said a business leader of a rural commercial bank in the East China region.