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
2026-11-13	03三峡债	038006	China Inter-Bank Market	6.7151	120.4302	1.3848	119.0455	1.8198	AAA
2026-11-13	01国开21	010221	China Inter-Bank Market	5.1644	116.4712	1.5230	114.9482	1.5000
2026-11-13	17招路02	112563	Shenzhen Stock Exchange	0.7315	103.8093	1.3371	102.4722	1.5303	AAA-
2026-11-13	02国债05	020005	Commercial Bank Counter Market	5.5260	109.9259	1.3633	108.5625	1.2906
2026-11-13	25共享工业CP001	042500113	China Inter-Bank Market	0.0548	101.8981	1.8904	100.0077	1.8257	AA-
2026-11-13	07豫投债2	078012	Commercial Bank Counter Market	0.5068	103.8097	2.2784	101.5314	1.5400	AAA
2026-11-13	25工商银行CD277	112502277	China Inter-Bank Market	0.0877	99.8809	1.4809	98.4000	1.3600	AAA
2026-11-13	13青国投MTN001	101354012	China Inter-Bank Market	1.7507	108.2024	1.5906	106.6118	2.4663	AA-
2026-11-13	23浙江01	101900	China Inter-Bank Market	3.2521	107.4950	2.2214	105.2736	1.3021	AAA+
2026-11-13	16沂南城建PPN001	031695001	China Inter-Bank Market	0.1096	25.8874	0.8348	25.0527	1.7648	AA

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
2026-11-13	03三峡债	038006	Central enterprise bond	China Inter-Bank Market	6.7151	120.4302	1.3848	119.0455	1.8198	5.80	42.09	0.0698	recommend	120.4435	1.3981	100.0000	AAA	CND0000004T5
2026-11-13	01国开21	010221	Senior bond of policy bank	China Inter-Bank Market	5.1644	116.4712	1.5230	114.9482	1.5000	4.61	25.06	0.0537	recommend	116.4835	1.5353	100.0000		CND0000002K8
2026-11-13	17招路02	112563	Public offering corporate bond	Shenzhen Stock Exchange	0.7315	103.8093	1.3371	102.4722	1.5303	0.73	1.06	0.0076	recommend	103.8229	1.3507	100.0000	AAA-
2026-11-13	02国债05	020005	Book-entry T-bond	Commercial Bank Counter Market	5.5260	109.9259	1.3633	108.5625	1.2906	5.07	29.68	0.0557	recommend	109.9337	1.3712	100.0000		CND0000002T9
2026-11-13	25共享工业CP001	042500113	Short-term commercial paper (CP)	China Inter-Bank Market	0.0548	101.8981	1.8904	100.0077	1.8257	0.05	0.01	0.0006	recommend	101.9035	1.8959	100.0000	AA-	CND10009ZV51
2026-11-13	07豫投债2	078012	Local enterprise bond	Commercial Bank Counter Market	0.5068	103.8097	2.2784	101.5314	1.5400	0.50	0.51	0.0052	recommend	103.8224	2.2910	100.0000	AAA	CND100000JJ9
2026-11-13	25工商银行CD277	112502277	Inter-bank negotiable certificates of deposit	China Inter-Bank Market	0.0877	99.8809	1.4809	98.4000	1.3600	0.09	0.02	0.0009	recommend	99.8854	1.4853	98.3768	AAA	CND1000B2K67
2026-11-13	13青国投MTN001	101354012	Medium-term note (MTN)	China Inter-Bank Market	1.7507	108.2024	1.5906	106.6118	2.4663	1.65	4.39	0.0179	recommend	108.2199	1.6081	100.0000	AA-	CND100011881
2026-11-13	23浙江01	101900	Local government bond	China Inter-Bank Market	3.2521	107.4950	2.2214	105.2736	1.3021	3.05	12.65	0.0328	recommend	107.5031	2.2295	100.0000	AAA+	CND100063JB4
2026-11-13	16沂南城建PPN001	031695001	Private placement instruments (PPN)	China Inter-Bank Market	0.1096	25.8874	0.8348	25.0527	1.7648	0.11	0.02	0.0003	recommend	25.8900	0.8373	25.0000	AA	CND100013TG7

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
2026-11-13	10914000146	2.9260	110.1246	0.7525	109.3721	2.9847	Recommend
2026-11-13	10914000199		102.9856	1.7116	101.2741	2.4623	Recommend
2026-11-13	10915000010	4.1151	111.6566	0.7207	110.9359	2.6917	Recommend
2026-11-13	10915000010	9.1151	125.9781	0.7207	125.2574	2.5491
2026-11-13	10915000020	3.3370	113.0163	0.8244	112.1919	2.6909	Recommend
2026-11-13	10916000016	0.1096	100.9103	0.6753	100.2350	2.7607	Recommend
2026-11-13	10916000016	5.1096	114.8924	0.6753	114.2170	2.4737
2026-11-13	10916000017	0.1096	100.9103	0.6753	100.2350	2.7607	Recommend
2026-11-13	10916000017	5.1096	114.8924	0.6753	114.2170	2.4737
2026-11-13	10916000018	0.1123	100.9160	0.6753	100.2406	2.7626	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
2026-11-13	10914000146	2.9260	110.1246	0.7525	109.3721	2.9847	110.1421	0.7700	Recommend
2026-11-13	10914000199		102.9856	1.7116	101.2741	2.4623	102.9985	1.7244	Recommend
2026-11-13	10915000010	4.1151	111.6566	0.7207	110.9359	2.6917	111.6716	0.7357	Recommend
2026-11-13	10915000010	9.1151	125.9781	0.7207	125.2574	2.5491	125.9931	0.7357
2026-11-13	10915000020	3.3370	113.0163	0.8244	112.1919	2.6909	113.0319	0.8400	Recommend
2026-11-13	10916000016	0.1096	100.9103	0.6753	100.2350	2.7607	100.9238	0.6888	Recommend
2026-11-13	10916000016	5.1096	114.8924	0.6753	114.2170	2.4737	114.9059	0.6888
2026-11-13	10916000017	0.1096	100.9103	0.6753	100.2350	2.7607	100.9238	0.6888	Recommend
2026-11-13	10916000017	5.1096	114.8924	0.6753	114.2170	2.4737	114.9059	0.6888
2026-11-13	10916000018	0.1123	100.9160	0.6753	100.2406	2.7626	100.9295	0.6888	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.

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