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
2026-03-09	03三峡债	038006	Shanghai Stock Exchange	7.3973	121.4491	2.9293	118.5198	2.1261	AAA
2026-03-09	25工商银行CD093	112502093	China Inter-Bank Market	0.0027	99.9961	1.9554	98.0406	1.4400	AAA
2026-03-09	01国开21	010221	China Inter-Bank Market	5.8466	115.8065	0.6992	115.1073	1.7863
2026-03-09	06冀建投债	068012	China Inter-Bank Market	0.0521	104.0847	3.9624	100.1223	1.5920	AAA
2026-03-09	25济南高新CP001	042500093	China Inter-Bank Market	0.0137	102.1640	2.1699	99.9941	1.8390	AA+
2026-03-09	17招路02	112563	Shenzhen Stock Exchange	1.4137	107.4602	2.9198	104.5404	1.6951	AAA-
2026-03-09	02国债05	020005	Commercial Bank Counter Market	6.2082	108.4341	0.8412	107.5929	1.6100
2026-03-09	13青国投MTN001	101354012	China Inter-Bank Market	2.4329	112.5776	3.6182	108.9593	2.5282	AA-
2026-03-09	23浙江01	101900	Shenzhen Stock Exchange	3.9342	105.4512	0.1953	105.2560	1.5812	AAA+
2026-03-09	16沂南城建PPN001	031695001	China Inter-Bank Market	0.7918	25.5448	0.1952	25.3496	1.9417	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
2026-03-09	03三峡债	038006	Central enterprise bond	Shanghai Stock Exchange	7.3973	121.4491	2.9293	118.5198	2.1261	6.20	48.59	0.0753	recommend	121.4625	2.9426	100.0000	AAA	CND0000004T5
2026-03-09	25工商银行CD093	112502093	Inter-bank negotiable certificates of deposit	China Inter-Bank Market	0.0027	99.9961	1.9554	98.0406	1.4400	0.00	0.00	0.0000	recommend	100.0014	1.9608	98.0392	AAA	CND100092337
2026-03-09	01国开21	010221	Senior bond of policy bank	China Inter-Bank Market	5.8466	115.8065	0.6992	115.1073	1.7863	5.18	31.35	0.0600	recommend	115.8190	0.7117	100.0000		CND0000002K8
2026-03-09	06冀建投债	068012	Local enterprise bond	China Inter-Bank Market	0.0521	104.0847	3.9624	100.1223	1.5920	0.06	0.01	0.0006	recommend	104.0961	3.9739	100.0000	AAA	CND000000KN0
2026-03-09	25济南高新CP001	042500093	Short-term commercial paper (CP)	China Inter-Bank Market	0.0137	102.1640	2.1699	99.9941	1.8390	0.02	0.00	0.0002	recommend	102.1700	2.1759	100.0000	AA+	CND100092JS7
2026-03-09	17招路02	112563	Public offering corporate bond	Shenzhen Stock Exchange	1.4137	107.4602	2.9198	104.5404	1.6951	1.34	3.17	0.0145	recommend	107.4739	2.9334	100.0000	AAA-
2026-03-09	02国债05	020005	Book-entry T-bond	Commercial Bank Counter Market	6.2082	108.4341	0.8412	107.5929	1.6100	5.66	36.67	0.0614	recommend	108.4421	0.8492	100.0000		CND0000002T9
2026-03-09	13青国投MTN001	101354012	Medium-term note (MTN)	China Inter-Bank Market	2.4329	112.5776	3.6182	108.9593	2.5282	2.21	7.28	0.0249	recommend	112.5950	3.6357	100.0000	AA-	CND100011881
2026-03-09	23浙江01	101900	Local government bond	Shenzhen Stock Exchange	3.9342	105.4512	0.1953	105.2560	1.5812	3.71	17.77	0.0391	recommend	105.4594	0.2034	100.0000	AAA+	CND100063JB4
2026-03-09	16沂南城建PPN001	031695001	Private placement instruments (PPN)	China Inter-Bank Market	0.7918	25.5448	0.1952	25.3496	1.9417	0.78	1.22	0.0020	recommend	25.5473	0.1978	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
2026-03-09	10914000146	3.6082	113.8962	1.1725	112.7237	2.6380	Recommend
2026-03-09	10914000188	0.3589	34.3547	0.5342	33.8204	2.9088	Recommend
2026-03-09	10914000199		105.6181	3.2043	102.4138	2.5094	Recommend
2026-03-09	10914010188	0.3644	34.3674	0.5407	33.8267	2.9088	Recommend
2026-03-09	10914020188	0.3644	34.3674	0.5407	33.8267	2.9088	Recommend
2026-03-09	10914030188	0.3644	34.3674	0.5407	33.8267	2.9088	Recommend
2026-03-09	10914040188	0.3644	34.3674	0.5407	33.8267	2.9088	Recommend
2026-03-09	10914050188	0.3644	34.3674	0.5407	33.8267	2.9088	Recommend
2026-03-09	10914060188	0.3644	34.3674	0.5407	33.8267	2.9088	Recommend
2026-03-09	10915000010	4.7973	113.7428	1.0960	112.6468	2.6896	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
2026-03-09	10914000146	3.6082	113.8962	1.1725	112.7237	2.6380	113.9137	1.1900	Recommend
2026-03-09	10914000188	0.3589	34.3547	0.5342	33.8204	2.9088	34.3611	0.5407	Recommend
2026-03-09	10914000199		105.6181	3.2043	102.4138	2.5094	105.6310	3.2172	Recommend
2026-03-09	10914010188	0.3644	34.3674	0.5407	33.8267	2.9088	34.3738	0.5471	Recommend
2026-03-09	10914020188	0.3644	34.3674	0.5407	33.8267	2.9088	34.3738	0.5471	Recommend
2026-03-09	10914030188	0.3644	34.3674	0.5407	33.8267	2.9088	34.3738	0.5471	Recommend
2026-03-09	10914040188	0.3644	34.3674	0.5407	33.8267	2.9088	34.3738	0.5471	Recommend
2026-03-09	10914050188	0.3644	34.3674	0.5407	33.8267	2.9088	34.3738	0.5471	Recommend
2026-03-09	10914060188	0.3644	34.3674	0.5407	33.8267	2.9088	34.3738	0.5471	Recommend
2026-03-09	10915000010	4.7973	113.7428	1.0960	112.6468	2.6896	113.7578	1.1110	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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