ChinaBond-- ChinaBond Valuation

ChinaBond Valuation

Date	Bond Name	Bond Code	Market	Maturity(Yrs)	Full Price(Mid-Day) (Yuan)	Accrued Interest (Mid-Day) (Yuan)	Net Price (Yuan)	YTM (%)	ChinaBond Market Implied Rating
2025-05-28	03三峡债	038006	Shanghai Stock Exchange	8.1781	124.7173	3.9945	120.7228	2.0776	AAA
2025-05-28	01国开21	010221	Commercial Bank Counter Market	6.6274	118.9381	1.6981	117.2400	1.7519
2025-05-28	06冀建投债	068012	Shanghai Stock Exchange	0.8329	102.7126	0.6986	102.0140	1.7041	AAA
2025-05-28	24辽成大CP002	042400072	China Inter-Bank Market	0.1041	102.3185	2.3293	99.9892	2.5105	AA
2025-05-28	24工商银行CD061	112402061	China Inter-Bank Market	0.0027	99.9960	2.0512	97.9448	1.4780	AAA
2025-05-28	17招路02	112563	Shenzhen Stock Exchange	2.1945	110.6828	4.0113	106.6715	1.8466	AAA-
2025-05-28	02国债05	020005	China Inter-Bank Market	6.9890	108.1377	0.0315	108.1061	1.6665
2025-05-28	13青国投MTN001	101354012	China Inter-Bank Market	3.2137	113.5242	5.0166	108.5076	3.5272	AA-
2025-05-28	23浙江01	101900	Commercial Bank Counter Market	4.7151	106.7188	0.8462	105.8726	1.6636	AAA+
2025-05-28	15东方财信PPN001	031564087	China Inter-Bank Market	0.1178	21.2451	1.1468	20.0983	2.1921	AA(2)

Date	Bond Name	Bond Code	Bond Property	Market	Maturity(Yrs)	Full Price(Mid-Day) (Yuan)	Accrued Interest (Mid-Day) (Yuan)	Net Price (Yuan)	YTM (%)	Modified Duration	Convexity	BPV	Recommendation	Full Price (End Day)(Yuan)	Accrued Interest (End Day) (Yuan)	Residual Principal(Yuan)	ChinaBond Market Implied Rating	ISIN
2025-05-28	03三峡债	038006	Central enterprise bond	Shanghai Stock Exchange	8.1781	124.7173	3.9945	120.7228	2.0776	6.71	57.18	0.0836	recommend	124.7306	4.0078	100.0000	AAA	CND0000004T5
2025-05-28	01国开21	010221	Senior bond of policy bank	Commercial Bank Counter Market	6.6274	118.9381	1.6981	117.2400	1.7519	5.74	38.84	0.0683	recommend	118.9506	1.7106	100.0000		CND0000002K8
2025-05-28	06冀建投债	068012	Local enterprise bond	Shanghai Stock Exchange	0.8329	102.7126	0.6986	102.0140	1.7041	0.83	1.37	0.0085	recommend	102.7240	0.7100	100.0000	AAA	CND000000KN0
2025-05-28	24辽成大CP002	042400072	Short-term commercial paper (CP)	China Inter-Bank Market	0.1041	102.3185	2.3293	99.9892	2.5105	0.11	0.02	0.0011	recommend	102.3256	2.3364	100.0000	AA	CND100084PS1
2025-05-28	24工商银行CD061	112402061	Inter-bank negotiable certificates of deposit	China Inter-Bank Market	0.0027	99.9960	2.0512	97.9448	1.4780	0.00	0.00	0.0000	recommend	100.0016	2.0568	100.0000	AAA	CND1000803T8
2025-05-28	17招路02	112563	Public offering corporate bond	Shenzhen Stock Exchange	2.1945	110.6828	4.0113	106.6715	1.8466	2.02	6.28	0.0224	recommend	110.6964	4.0249	100.0000	AAA-
2025-05-28	02国债05	020005	Book-entry T-bond	China Inter-Bank Market	6.9890	108.1377	0.0315	108.1061	1.6665	6.35	45.76	0.0687	recommend	108.1455	0.0394	100.0000		CND0000002T9
2025-05-28	13青国投MTN001	101354012	Medium-term note (MTN)	China Inter-Bank Market	3.2137	113.5242	5.0166	108.5076	3.5272	2.79	11.09	0.0317	recommend	113.5417	5.0341	100.0000	AA-	CND100011881
2025-05-28	23浙江01	101900	Local government bond	Commercial Bank Counter Market	4.7151	106.7188	0.8462	105.8726	1.6636	4.37	24.13	0.0467	recommend	106.7270	0.8544	100.0000	AAA+	CND100063JB4
2025-05-28	15东方财信PPN001	031564087	Private placement instruments (PPN)	China Inter-Bank Market	0.1178	21.2451	1.1468	20.0983	2.1921	0.12	0.03	0.0002	recommend	21.2487	1.1504	40.0000	AA(2)	CND100018FQ4

Insurance Asset Management Products Valuation

for more indices

Date	Code	Maturity(Yrs)	Full Price(Mid-Day)(Yuan)	Accrued Interest(Mid-Day)(Yuan)	Net Price(Yuan)	YTM (%)	Recommendation
2025-05-28	10914000146	4.3890	114.7877	0.9975	113.7902	2.9765	Recommend
2025-05-28	10914000188	1.1397	70.3605	2.0980	68.2625	3.1068	Recommend
2025-05-28	10914000199		141.1335	6.5800	134.5535	2.9214	Recommend
2025-05-28	10914010188	1.1397	70.3967	2.0980	68.2988	3.1067	Recommend
2025-05-28	10914020188	1.1973	70.5391	2.0980	68.4411	3.1084	Recommend
2025-05-28	10914030188	1.2082	70.5661	2.0980	68.4681	3.1088	Recommend
2025-05-28	10914040188	1.5534	71.3869	2.0980	69.2889	3.1305	Recommend
2025-05-28	10914050188	1.5918	71.4823	2.0980	69.3843	3.1324	Recommend
2025-05-28	10914060188	2.8158	109.7518	3.1468	106.6050	3.1813	Recommend
2025-05-28	10915000007	0.3781	102.2354	1.1333	101.1021	3.1312	Recommend

Date	Code	Maturity(Yrs)	Full Price(Mid-Day)(Yuan)	Accrued Interest(Mid-Day)(Yuan)	Net Price(Yuan)	YTM (%)	Full Price(End Day)(Yuan)	Accrued Interest(End Day)(Yuan)	Recommendation
2025-05-28	10914000146	4.3890	114.7877	0.9975	113.7902	2.9765	114.8052	1.0150	Recommend
2025-05-28	10914000188	1.1397	70.3605	2.0980	68.2625	3.1068	70.3733	2.1108	Recommend
2025-05-28	10914000199		141.1335	6.5800	134.5535	2.9214	141.1535	6.6000	Recommend
2025-05-28	10914010188	1.1397	70.3967	2.0980	68.2988	3.1067	70.4096	2.1108	Recommend
2025-05-28	10914020188	1.1973	70.5391	2.0980	68.4411	3.1084	70.5520	2.1108	Recommend
2025-05-28	10914030188	1.2082	70.5661	2.0980	68.4681	3.1088	70.5790	2.1108	Recommend
2025-05-28	10914040188	1.5534	71.3869	2.0980	69.2889	3.1305	71.3998	2.1108	Recommend
2025-05-28	10914050188	1.5918	71.4823	2.0980	69.3843	3.1324	71.4952	2.1108	Recommend
2025-05-28	10914060188	2.8158	109.7518	3.1468	106.6050	3.1813	109.7711	3.1661	Recommend
2025-05-28	10915000007	0.3781	102.2354	1.1333	101.1021	3.1312	102.2521	1.1500	Recommend

The above Insurance Asset Management Products Valuation is compiled and released by ChinaBond Pricing Center CO.,LTD and Zhongbao Insurance Asset Registration And Exchange CO.,LTD jointly.

Legislation

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