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
2019-04-23	18广汇能源CP002	041800374	China Inter-Bank Market	0.4904	103.2348	3.5671	99.6676	7.4372	A＋
2019-04-23	17常熟发投MTN001	101764042	China Inter-Bank Market	3.3123	106.3972	3.6447	102.7526	4.3811	AA
2019-04-23	19渤海银行CD028	111921028	China Inter-Bank Market	0.0548	99.8409	0.5220	99.3189	2.9076	AA＋
2019-04-23	18融和融资GN001	131800002	China Inter-Bank Market	1.7425	103.8474	1.5993	102.2481	4.8171	AA
2019-04-23	14农发42	140442	China Inter-Bank Market	2.2466	108.0398	3.9705	104.0692	3.3519
2019-04-23	17云工01	145757	Shanghai Stock Exchange	1.3589	103.0915	3.8466	99.2449	6.5639	AA
2019-04-23	15上海债18	1550018	China Inter-Bank Market	3.5096	100.6629	1.5203	99.1427	3.3591	AAA
2019-04-23	15国网债06	1580254	China Inter-Bank Market	1.5534	102.0965	1.6747	100.4218	3.4559	AAA＋
2019-04-23	17泗阳专项债	1780197	China Inter-Bank Market	5.2712	104.8380	5.3929	99.4451	7.5823	AA-
2019-04-23	19贴现国债08	199908	China Inter-Bank Market	0.1123	99.7784	0.2681	99.5102	1.9828

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	Weighted Average Full Price of Settlement(Yuan)	Weighted Average Net Price of Settlement(Yuan)	YTM on Weighted Average Full Price of Settlement (%)	Modified Duration on Weighted Average Full Price of Settlement	BPV on Weighted Average Full Price of Settlement	Recommendation	Rate Convexity on Weighted Average Full Price of Settlement	Full Price (End Day)(Yuan)	Accrued Interest (End Day) (Yuan)	Residual Principal(Yuan)	Absolute Liquidity Index	Position Percentile	Relative Liquidity Index	Relative Liquidity Reference Value	ChinaBond Market Implied Rating
2019-04-23	18广汇能源CP002	041800374	Commercial Papers	China Inter-Bank Market	0.4904	103.2348	3.5671	99.6676	7.4372	0.47	0.45	0.0049						recommend		103.2539	3.5863	100.0000	0.00	12.10	0.00	0.10	A＋
2019-04-23	17常熟发投MTN001	101764042	Medium-Term Notes	China Inter-Bank Market	3.3123	106.3972	3.6447	102.7526	4.3811	2.90	11.72	0.0308						recommend		106.4118	3.6592	100.0000	0.00	12.10	0.00	0.10	AA
2019-04-23	19渤海银行CD028	111921028	Negotiable Certificates of Deposit	China Inter-Bank Market	0.0548	99.8409	0.5220	99.3189	2.9076	0.05	0.01	0.0005						recommend		99.8485	0.5296	99.3267	0.00	12.10	0.00	0.10	AA＋
2019-04-23	18融和融资GN001	131800002	PPNs	China Inter-Bank Market	1.7425	103.8474	1.5993	102.2481	4.8171	1.61	4.17	0.0167						recommend		103.8644	1.6163	100.0000	0.00	12.10	0.00	0.10	AA
2019-04-23	14农发42	140442	Policy Bank Bonds	China Inter-Bank Market	2.2466	108.0398	3.9705	104.0692	3.3519	2.03	6.31	0.0220	108.1318	104.1613	3.3100	2.04	0.0220	recommend	6.32	108.0542	3.9850	100.0000	0.94	0.00	51.58	1.00
2019-04-23	17云工01	145757	Corporate Bonds	Shanghai Stock Exchange	1.3589	103.0915	3.8466	99.2449	6.5639	1.22	2.69	0.0126						recommend		103.1079	3.8630	100.0000	0.00	9.41	0.00	0.10	AA
2019-04-23	15上海债18	1550018	Local Government Bonds	China Inter-Bank Market	3.5096	100.6629	1.5203	99.1427	3.3591	3.22	13.87	0.0324						recommend		100.6714	1.5288	100.0000	0.00	12.10	0.00	0.10	AAA
2019-04-23	15国网债06	1580254	Central Government Owned Enterprise Bonds	China Inter-Bank Market	1.5534	102.0965	1.6747	100.4218	3.4559	1.47	3.60	0.0150						recommend		102.1067	1.6849	100.0000	0.00	12.10	0.00	0.10	AAA＋
2019-04-23	17泗阳专项债	1780197	Local Government Owned Enterprise Bonds	China Inter-Bank Market	5.2712	104.8380	5.3929	99.4451	7.5823	2.62	11.27	0.0275						recommend		104.8583	5.4132	100.0000	0.14	7.26	6.44	1.00	AA-
2019-04-23	19贴现国债08	199908	Book-Entry Treasury Bonds	China Inter-Bank Market	0.1123	99.7784	0.2681	99.5102	1.9828	0.11	0.02	0.0011						recommend		99.7837	0.2735	99.5120	0.13	7.39	8.19	1.00

Instructions

1.Bond Valuation: 86-10-88170632/0640/0639/0719/0613 Quality Control: 86-10-88170616, 86-21-80169828 2.For more details please visit ChinaBond Integrated Operation Platform, ChinaBond datagate and authorized data vendors. 3.Internet Explorer 11 or Google Chrome is recommended.