[Exclusive | Small and medium-sized banks in many places have recently received reminders: reduce bond duration and control financial investment growth] On October 12, reporters learned from multiple insiders that small and medium-sized banks in some provinces have recently received reminders that the growth rate of financial investment should not be higher than the loan growth rate, and the duration of new bonds should not be higher than the existing duration. Relevant people familiar with the matter said that there are differences in the intensity and form of guidance in various places. For example, a province in East China explicitly requires small and medium-sized banks to reduce the duration of bonds, and the duration of new portfolios is lower than the existing ones, and also requires institutions to submit data reports regularly; a province in Western China emphasizes that the growth rate of financial investment cannot be higher than that of loans, indicating that it does not directly limit the total scale of debt allocation. The original intention should be to hope that local banks will increase credit to the local real economy. It is worth noting that this request was issued at the beginning of the fourth quarter when the bond holdings of small and medium-sized banks were relatively low. (Reporter Liang Kezhi)