[Tips for bond investment from small and medium-sized banks? People familiar with the matter: It is not a unified arrangement across the country] On October 14, market news said that small and medium-sized banks in some provinces have received regulatory reminders, requiring the growth rate of financial investment not to be higher than the growth rate of loans, and the duration of new bonds not to be higher than the existing duration. In this regard, people familiar with the matter said when reporters asked for confirmation that the financial management department has not made unified nationwide arrangements for the growth rate of financial investment of small and medium-sized banks and the duration of new bonds. Under the principle of marketization, bond investment decisions made by small and medium-sized banks based on their own assets and liabilities fall within the scope of their independent operating rights. However, "autonomous business rights" and "institutional constraints" go hand in hand. Another person familiar with the matter told reporters that the interest rate risk level and risk management status of commercial banks are subject to clear institutional constraints. Local regulatory authorities will conduct daily risk monitoring and reminders for institutions within their jurisdiction, which is a routine regulatory action. (21st Century Business Herald)