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
2026-05-09	03三峡债	038006	Shanghai Stock Exchange	7.2301	122.3952	3.7415	118.6537	2.0558	AAA
2026-05-09	25工商银行CD170	112502170	China Inter-Bank Market	0.0082	99.9896	1.6291	98.3605	1.2650	AAA
2026-05-09	01国开21	010221	China Inter-Bank Market	5.6795	116.8918	1.4609	115.4309	1.6600
2026-05-09	17招路02	112563	Shenzhen Stock Exchange	1.2466	107.9086	3.7521	104.1565	1.5805	AAA-
2026-05-09	02国债05	020005	China Inter-Bank Market	6.0411	109.3148	1.3298	107.9849	1.5120
2026-05-09	07豫投债2	078012	Commercial Bank Counter Market	1.0219	107.6051	4.5187	103.0864	1.5517	AAA
2026-05-09	25鲁宏桥CP006(科创债)	042500099	China Inter-Bank Market	0.0384	102.0318	2.0195	100.0124	1.5245	AA
2026-05-09	13青国投MTN001	101354012	China Inter-Bank Market	2.2658	113.4598	4.6845	108.7753	2.3509	AA-
2026-05-09	23浙江01	101900	Shenzhen Stock Exchange	3.7671	106.1756	0.6916	105.4839	1.4621	AAA+
2026-05-09	16沂南城建PPN001	031695001	China Inter-Bank Market	0.6247	25.6557	0.3519	25.3038	1.7584	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
2026-05-09	03三峡债	038006	Central enterprise bond	Shanghai Stock Exchange	7.2301	122.3952	3.7415	118.6537	2.0558	6.04	46.52	0.0740	recommend	122.4085	3.7548	100.0000	AAA	CND0000004T5
2026-05-09	25工商银行CD170	112502170	Inter-bank negotiable certificates of deposit	China Inter-Bank Market	0.0082	99.9896	1.6291	98.3605	1.2650	0.01	0.00	0.0001	recommend	99.9941	1.6336	98.3574	AAA	CND100099696
2026-05-09	01国开21	010221	Senior bond of policy bank	China Inter-Bank Market	5.6795	116.8918	1.4609	115.4309	1.6600	5.02	29.62	0.0586	recommend	116.9042	1.4734	100.0000		CND0000002K8
2026-05-09	17招路02	112563	Public offering corporate bond	Shenzhen Stock Exchange	1.2466	107.9086	3.7521	104.1565	1.5805	1.18	2.60	0.0128	recommend	107.9222	3.7657	100.0000	AAA-
2026-05-09	02国债05	020005	Book-entry T-bond	China Inter-Bank Market	6.0411	109.3148	1.3298	107.9849	1.5120	5.50	34.77	0.0601	recommend	109.3228	1.3378	100.0000		CND0000002T9
2026-05-09	07豫投债2	078012	Local enterprise bond	Commercial Bank Counter Market	1.0219	107.6051	4.5187	103.0864	1.5517	0.96	1.92	0.0104	recommend	107.6177	4.5314	100.0000	AAA	CND100000JJ9
2026-05-09	25鲁宏桥CP006(科创债)	042500099	Short-term commercial paper (CP)	China Inter-Bank Market	0.0384	102.0318	2.0195	100.0124	1.5245	0.04	0.00	0.0004	recommend	102.0376	2.0252	100.0000	AA	CND10009B8W3
2026-05-09	13青国投MTN001	101354012	Medium-term note (MTN)	China Inter-Bank Market	2.2658	113.4598	4.6845	108.7753	2.3509	2.05	6.45	0.0233	recommend	113.4773	4.7020	100.0000	AA-	CND100011881
2026-05-09	23浙江01	101900	Local government bond	Shenzhen Stock Exchange	3.7671	106.1756	0.6916	105.4839	1.4621	3.55	16.46	0.0377	recommend	106.1837	0.6998	100.0000	AAA+	CND100063JB4
2026-05-09	16沂南城建PPN001	031695001	Private placement instruments (PPN)	China Inter-Bank Market	0.6247	25.6557	0.3519	25.3038	1.7584	0.62	0.76	0.0016	recommend	25.6583	0.3545	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
2026-05-09	10914000146	3.4411	112.5801	0.6650	111.9151	2.7074	Recommend
2026-05-09	10914000188	0.1918	34.5212	0.9269	33.5943	2.9354	Recommend
2026-05-09	10914000199		106.2716	3.9893	102.2822	2.4784	Recommend
2026-05-09	10914010188	0.1973	34.5340	0.9333	33.6007	2.9354	Recommend
2026-05-09	10914020188	0.1973	34.5340	0.9333	33.6007	2.9354	Recommend
2026-05-09	10914030188	0.1973	34.5340	0.9333	33.6007	2.9354	Recommend
2026-05-09	10914040188	0.1973	34.5340	0.9333	33.6007	2.9354	Recommend
2026-05-09	10914050188	0.1973	34.5340	0.9333	33.6007	2.9354	Recommend
2026-05-09	10914060188	0.1973	34.5340	0.9333	33.6007	2.9354	Recommend
2026-05-09	10915000010	4.6301	112.5916	0.6606	111.9310	2.7560	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
2026-05-09	10914000146	3.4411	112.5801	0.6650	111.9151	2.7074	112.5976	0.6825	Recommend
2026-05-09	10914000188	0.1918	34.5212	0.9269	33.5943	2.9354	34.5276	0.9333	Recommend
2026-05-09	10914000199		106.2716	3.9893	102.2822	2.4784	106.2844	4.0022	Recommend
2026-05-09	10914010188	0.1973	34.5340	0.9333	33.6007	2.9354	34.5404	0.9397	Recommend
2026-05-09	10914020188	0.1973	34.5340	0.9333	33.6007	2.9354	34.5404	0.9397	Recommend
2026-05-09	10914030188	0.1973	34.5340	0.9333	33.6007	2.9354	34.5404	0.9397	Recommend
2026-05-09	10914040188	0.1973	34.5340	0.9333	33.6007	2.9354	34.5404	0.9397	Recommend
2026-05-09	10914050188	0.1973	34.5340	0.9333	33.6007	2.9354	34.5404	0.9397	Recommend
2026-05-09	10914060188	0.1973	34.5340	0.9333	33.6007	2.9354	34.5404	0.9397	Recommend
2026-05-09	10915000010	4.6301	112.5916	0.6606	111.9310	2.7560	112.6066	0.6756	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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