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
2025-02-05	03三峡债	038006	China Inter-Bank Market	8.4849	125.1166	2.5032	122.6134	1.9420	AAA
2025-02-05	24工商银行CD027	112402027	China Inter-Bank Market	0.0437	99.9251	2.1500	97.7751	1.7150	AAA
2025-02-05	01国开21	010221	China Inter-Bank Market	6.9342	118.8736	0.2997	118.5740	1.6716
2025-02-05	06冀建投债	068012	Shanghai Stock Exchange	1.1397	106.2380	3.5959	102.6421	1.8128	AAA
2025-02-05	24鲁宏桥CP002	042400063	China Inter-Bank Market	0.0027	103.1833	3.1813	100.0020	2.3681	AA
2025-02-05	17招路02	112563	Shenzhen Stock Exchange	2.5014	110.0160	2.4832	107.5329	1.8650	AAA-
2025-02-05	02国债05	020005	Commercial Bank Counter Market	7.2959	109.7615	0.5848	109.1767	1.5644
2025-02-05	13青国投MTN001	101354012	China Inter-Bank Market	3.5205	111.8201	3.0589	108.7612	3.6728	AA-
2025-02-05	23浙江01	101900	China Inter-Bank Market	5.0219	109.6349	2.9049	106.7299	1.5659	AAA+
2025-02-05	15东方财信PPN001	031564087	China Inter-Bank Market	0.4247	21.0664	0.7479	20.3185	2.6107	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
2025-02-05	03三峡债	038006	Central enterprise bond	China Inter-Bank Market	8.4849	125.1166	2.5032	122.6134	1.9420	7.02	61.84	0.0879	recommend	125.1299	2.5165	100.0000	AAA	CND0000004T5
2025-02-05	24工商银行CD027	112402027	Inter-bank negotiable certificates of deposit	China Inter-Bank Market	0.0437	99.9251	2.1500	97.7751	1.7150	0.04	0.00	0.0004	recommend	99.9312	2.1562	100.0000	AAA	CND10007RKP5
2025-02-05	01国开21	010221	Senior bond of policy bank	China Inter-Bank Market	6.9342	118.8736	0.2997	118.5740	1.6716	6.05	42.66	0.0719	recommend	118.8861	0.3122	100.0000		CND0000002K8
2025-02-05	06冀建投债	068012	Local enterprise bond	Shanghai Stock Exchange	1.1397	106.2380	3.5959	102.6421	1.8128	1.08	2.27	0.0115	recommend	106.2495	3.6074	100.0000	AAA	CND000000KN0
2025-02-05	24鲁宏桥CP002	042400063	Short-term commercial paper (CP)	China Inter-Bank Market	0.0027	103.1833	3.1813	100.0020	2.3681	0.00	0.00	0.0000	recommend	103.1920	3.1900	100.0000	AA	CND10007KM51
2025-02-05	17招路02	112563	Public offering corporate bond	Shenzhen Stock Exchange	2.5014	110.0160	2.4832	107.5329	1.8650	2.32	7.88	0.0256	recommend	110.0297	2.4968	100.0000	AAA-
2025-02-05	02国债05	020005	Book-entry T-bond	Commercial Bank Counter Market	7.2959	109.7615	0.5848	109.1767	1.5644	6.58	49.32	0.0722	recommend	109.7695	0.5928	100.0000		CND0000002T9
2025-02-05	13青国投MTN001	101354012	Medium-term note (MTN)	China Inter-Bank Market	3.5205	111.8201	3.0589	108.7612	3.6728	3.08	13.07	0.0344	recommend	111.8376	3.0764	100.0000	AA-	CND100011881
2025-02-05	23浙江01	101900	Local government bond	China Inter-Bank Market	5.0219	109.6349	2.9049	106.7299	1.5659	4.55	26.48	0.0499	recommend	109.6430	2.9130	100.0000	AAA+	CND100063JB4
2025-02-05	15东方财信PPN001	031564087	Private placement instruments (PPN)	China Inter-Bank Market	0.4247	21.0664	0.7479	20.3185	2.6107	0.42	0.35	0.0009	recommend	21.0700	0.7515	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
2025-02-05	10914000146	4.6959	114.8532	0.6125	114.2407	3.0700	Recommend
2025-02-05	10914000188	1.4466	69.5527	0.6564	68.8963	3.3255	Recommend
2025-02-05	10914000199		138.9326	4.3400	134.5926	3.0192	Recommend
2025-02-05	10914010188	1.4466	69.5895	0.6564	68.9330	3.3260	Recommend
2025-02-05	10914020188	1.5041	69.7236	0.6564	69.0672	3.3245	Recommend
2025-02-05	10914030188	1.5151	69.7491	0.6564	69.0927	3.3241	Recommend
2025-02-05	10914040188	1.8603	70.5283	0.6564	69.8719	3.3217	Recommend
2025-02-05	10914050188	1.8986	70.6191	0.6564	69.9627	3.3221	Recommend
2025-02-05	10914060188	3.1227	109.0218	0.9846	108.0372	3.0273	Recommend
2025-02-05	10915000007	0.6849	102.6048	0.7667	101.8381	3.3513	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
2025-02-05	10914000146	4.6959	114.8532	0.6125	114.2407	3.0700	114.8707	0.6300	Recommend
2025-02-05	10914000188	1.4466	69.5527	0.6564	68.8963	3.3255	69.5656	0.6693	Recommend
2025-02-05	10914000199		138.9326	4.3400	134.5926	3.0192	138.9526	4.3600	Recommend
2025-02-05	10914010188	1.4466	69.5895	0.6564	68.9330	3.3260	69.6023	0.6693	Recommend
2025-02-05	10914020188	1.5041	69.7236	0.6564	69.0672	3.3245	69.7365	0.6693	Recommend
2025-02-05	10914030188	1.5151	69.7491	0.6564	69.0927	3.3241	69.7620	0.6693	Recommend
2025-02-05	10914040188	1.8603	70.5283	0.6564	69.8719	3.3217	70.5412	0.6693	Recommend
2025-02-05	10914050188	1.8986	70.6191	0.6564	69.9627	3.3221	70.6320	0.6693	Recommend
2025-02-05	10914060188	3.1227	109.0218	0.9846	108.0372	3.0273	109.0411	1.0039	Recommend
2025-02-05	10915000007	0.6849	102.6048	0.7667	101.8381	3.3513	102.6214	0.7833	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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