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
2025-06-06	03三峡债	038006	China Inter-Bank Market	8.1534	124.8155	4.1144	120.7011	2.0734	AAA
2025-06-06	01国开21	010221	China Inter-Bank Market	6.6027	119.2102	1.8105	117.3997	1.7195
2025-06-06	06冀建投债	068012	China Inter-Bank Market	0.8082	102.7482	0.8016	101.9466	1.7125	AAA
2025-06-06	24辽成大CP002	042400072	China Inter-Bank Market	0.0795	102.3804	2.3934	99.9869	2.5259	AA
2025-06-06	17招路02	112563	Shenzhen Stock Exchange	2.1699	110.7627	4.1341	106.6286	1.8331	AAA-
2025-06-06	02国债05	020005	China Inter-Bank Market	6.9644	108.4350	0.1024	108.3326	1.6295
2025-06-06	24工商银行CD063	112402063	China Inter-Bank Market	0.0740	99.8828	1.7445	98.1384	1.5859	AAA
2025-06-06	13青国投MTN001	101354012	China Inter-Bank Market	3.1890	113.9574	5.1739	108.7835	3.4204	AA-
2025-06-06	23浙江01	101900	Commercial Bank Counter Market	4.6904	106.7716	0.9195	105.8521	1.6616	AAA+
2025-06-06	15东方财信PPN001	031564087	China Inter-Bank Market	0.0932	21.2568	1.1789	20.0779	2.1833	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
2025-06-06	03三峡债	038006	Central enterprise bond	China Inter-Bank Market	8.1534	124.8155	4.1144	120.7011	2.0734	6.68	56.84	0.0834	recommend	124.8288	4.1277	100.0000	AAA	CND0000004T5
2025-06-06	01国开21	010221	Senior bond of policy bank	China Inter-Bank Market	6.6027	119.2102	1.8105	117.3997	1.7195	5.72	38.56	0.0682	recommend	119.2227	1.8230	100.0000		CND0000002K8
2025-06-06	06冀建投债	068012	Local enterprise bond	China Inter-Bank Market	0.8082	102.7482	0.8016	101.9466	1.7125	0.80	1.29	0.0082	recommend	102.7597	0.8131	100.0000	AAA	CND000000KN0
2025-06-06	24辽成大CP002	042400072	Short-term commercial paper (CP)	China Inter-Bank Market	0.0795	102.3804	2.3934	99.9869	2.5259	0.08	0.01	0.0009	recommend	102.3875	2.4005	100.0000	AA	CND100084PS1
2025-06-06	17招路02	112563	Public offering corporate bond	Shenzhen Stock Exchange	2.1699	110.7627	4.1341	106.6286	1.8331	2.00	6.16	0.0221	recommend	110.7763	4.1477	100.0000	AAA-
2025-06-06	02国债05	020005	Book-entry T-bond	China Inter-Bank Market	6.9644	108.4350	0.1024	108.3326	1.6295	6.33	45.46	0.0686	recommend	108.4429	0.1103	100.0000		CND0000002T9
2025-06-06	24工商银行CD063	112402063	Inter-bank negotiable certificates of deposit	China Inter-Bank Market	0.0740	99.8828	1.7445	98.1384	1.5859	0.07	0.01	0.0007	recommend	99.8880	1.7496	100.0000	AAA	CND100084Y84
2025-06-06	13青国投MTN001	101354012	Medium-term note (MTN)	China Inter-Bank Market	3.1890	113.9574	5.1739	108.7835	3.4204	2.77	10.96	0.0315	recommend	113.9749	5.1914	100.0000	AA-	CND100011881
2025-06-06	23浙江01	101900	Local government bond	Commercial Bank Counter Market	4.6904	106.7716	0.9195	105.8521	1.6616	4.35	23.90	0.0464	recommend	106.7797	0.9276	100.0000	AAA+	CND100063JB4
2025-06-06	15东方财信PPN001	031564087	Private placement instruments (PPN)	China Inter-Bank Market	0.0932	21.2568	1.1789	20.0779	2.1833	0.09	0.02	0.0002	recommend	21.2603	1.1825	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
2025-06-06	10914000146	4.3644	114.9219	1.1550	113.7669	2.9654	Recommend
2025-06-06	10914000188	1.1151	70.4045	2.2138	68.1906	3.1300	Recommend
2025-06-06	10914000199		141.2546	6.7600	134.4946	2.9192	Recommend
2025-06-06	10914010188	1.1151	70.4408	2.2138	68.2269	3.1302	Recommend
2025-06-06	10914020188	1.1726	70.5814	2.2138	68.3676	3.1340	Recommend
2025-06-06	10914030188	1.1836	70.6081	2.2138	68.3943	3.1346	Recommend
2025-06-06	10914040188	1.5288	71.4283	2.2138	69.2145	3.1497	Recommend
2025-06-06	10914050188	1.5671	71.5237	2.2138	69.3099	3.1513	Recommend
2025-06-06	10914060188	2.7912	109.8126	3.3206	106.4920	3.1950	Recommend
2025-06-06	10915000007	0.3534	102.3130	1.2833	101.0297	3.1347	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
2025-06-06	10914000146	4.3644	114.9219	1.1550	113.7669	2.9654	114.9394	1.1725	Recommend
2025-06-06	10914000188	1.1151	70.4045	2.2138	68.1906	3.1300	70.4173	2.2267	Recommend
2025-06-06	10914000199		141.2546	6.7600	134.4946	2.9192	141.2746	6.7800	Recommend
2025-06-06	10914010188	1.1151	70.4408	2.2138	68.2269	3.1302	70.4536	2.2267	Recommend
2025-06-06	10914020188	1.1726	70.5814	2.2138	68.3676	3.1340	70.5942	2.2267	Recommend
2025-06-06	10914030188	1.1836	70.6081	2.2138	68.3943	3.1346	70.6210	2.2267	Recommend
2025-06-06	10914040188	1.5288	71.4283	2.2138	69.2145	3.1497	71.4412	2.2267	Recommend
2025-06-06	10914050188	1.5671	71.5237	2.2138	69.3099	3.1513	71.5365	2.2267	Recommend
2025-06-06	10914060188	2.7912	109.8126	3.3206	106.4920	3.1950	109.8319	3.3399	Recommend
2025-06-06	10915000007	0.3534	102.3130	1.2833	101.0297	3.1347	102.3297	1.3000	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

Any Institution or Individual who intends to use ChinaBond Pricing Data Products to develop products, or use index data as benchmark, as well as to develop the passive investment products, ETF products and derivatives, shall apply to ChinaBond Pricing Center Co., Ltd. separately in writing.Contact information: 010-88170470/0475/dataservice@chinabond.com.cn

Instructions

1.Bond Valuation: 86-10-010-88174538/4537/0640 Quality Control: 86-21-60813561,86-21-60813562,86-10-88174536,86-10-88174551,86-10-881747122.For more details please visit ChinaBond Dr.Quant, ChinaBond datagate and authorized data vendors. 3.Internet Explorer 11 or Google Chrome is recommended.