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
2025-06-11	03三峡债	038006	China Inter-Bank Market	8.1397	125.1181	4.1809	120.9372	2.0413	AAA
2025-06-11	01国开21	010221	Commercial Bank Counter Market	6.5890	119.1863	1.8729	117.3134	1.7271
2025-06-11	06冀建投债	068012	China Inter-Bank Market	0.7945	102.7798	0.8589	101.9209	1.7029	AAA
2025-06-11	24辽成大CP002	042400072	China Inter-Bank Market	0.0658	102.4167	2.4290	99.9877	2.5126	AA
2025-06-11	17招路02	112563	Shenzhen Stock Exchange	2.1562	110.8418	4.2023	106.6395	1.8096	AAA-
2025-06-11	02国债05	020005	Commercial Bank Counter Market	6.9507	108.5377	0.1418	108.3959	1.6180
2025-06-11	24工商银行CD063	112402063	China Inter-Bank Market	0.0603	99.9033	1.7703	98.1331	1.6056	AAA
2025-06-11	13青国投MTN001	101354012	China Inter-Bank Market	3.1753	114.0891	5.2613	108.8278	3.3952	AA-
2025-06-11	15东方财信PPN001	031564087	China Inter-Bank Market	0.0795	21.2629	1.1967	20.0662	2.1981	AA(2)
2025-06-11	23浙江01	101900	Shanghai Stock Exchange	4.6767	106.8542	0.9602	105.8940	1.6490	AAA+

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
2025-06-11	03三峡债	038006	Central enterprise bond	China Inter-Bank Market	8.1397	125.1181	4.1809	120.9372	2.0413	6.67	56.70	0.0835	recommend	125.1314	4.1942	100.0000	AAA	CND0000004T5
2025-06-11	01国开21	010221	Senior bond of policy bank	Commercial Bank Counter Market	6.5890	119.1863	1.8729	117.3134	1.7271	5.70	38.40	0.0680	recommend	119.1988	1.8854	100.0000		CND0000002K8
2025-06-11	06冀建投债	068012	Local enterprise bond	China Inter-Bank Market	0.7945	102.7798	0.8589	101.9209	1.7029	0.79	1.25	0.0081	recommend	102.7912	0.8704	100.0000	AAA	CND000000KN0
2025-06-11	24辽成大CP002	042400072	Short-term commercial paper (CP)	China Inter-Bank Market	0.0658	102.4167	2.4290	99.9877	2.5126	0.07	0.01	0.0007	recommend	102.4238	2.4362	100.0000	AA	CND100084PS1
2025-06-11	17招路02	112563	Public offering corporate bond	Shenzhen Stock Exchange	2.1562	110.8418	4.2023	106.6395	1.8096	1.99	6.10	0.0220	recommend	110.8554	4.2159	100.0000	AAA-
2025-06-11	02国债05	020005	Book-entry T-bond	Commercial Bank Counter Market	6.9507	108.5377	0.1418	108.3959	1.6180	6.32	45.29	0.0685	recommend	108.5456	0.1497	100.0000		CND0000002T9
2025-06-11	24工商银行CD063	112402063	Inter-bank negotiable certificates of deposit	China Inter-Bank Market	0.0603	99.9033	1.7703	98.1331	1.6056	0.06	0.01	0.0006	recommend	99.9085	1.7754	100.0000	AAA	CND100084Y84
2025-06-11	13青国投MTN001	101354012	Medium-term note (MTN)	China Inter-Bank Market	3.1753	114.0891	5.2613	108.8278	3.3952	2.76	10.88	0.0314	recommend	114.1065	5.2788	100.0000	AA-	CND100011881
2025-06-11	15东方财信PPN001	031564087	Private placement instruments (PPN)	China Inter-Bank Market	0.0795	21.2629	1.1967	20.0662	2.1981	0.08	0.01	0.0002	recommend	21.2664	1.2003	40.0000	AA(2)	CND100018FQ4
2025-06-11	23浙江01	101900	Local government bond	Shanghai Stock Exchange	4.6767	106.8542	0.9602	105.8940	1.6490	4.33	23.77	0.0463	recommend	106.8623	0.9683	100.0000	AAA+	CND100063JB4

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
2025-06-11	10914000146	4.3507	115.0189	1.2425	113.7764	2.9542	Recommend
2025-06-11	10914000188	1.1014	70.4422	2.2782	68.1640	3.1118	Recommend
2025-06-11	10914000199		141.7970	6.8600	134.9370	2.8681	Recommend
2025-06-11	10914010188	1.1014	70.4784	2.2782	68.2003	3.1119	Recommend
2025-06-11	10914020188	1.1589	70.6204	2.2782	68.3422	3.1144	Recommend
2025-06-11	10914030188	1.1699	70.6474	2.2782	68.3692	3.1149	Recommend
2025-06-11	10914040188	1.5151	71.4732	2.2782	69.1950	3.1295	Recommend
2025-06-11	10914050188	1.5534	71.5690	2.2782	69.2909	3.1311	Recommend
2025-06-11	10914060188	2.7775	109.8989	3.4171	106.4818	3.1739	Recommend
2025-06-11	10915000007	0.3397	102.3587	1.3667	100.9920	3.1294	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
2025-06-11	10914000146	4.3507	115.0189	1.2425	113.7764	2.9542	115.0364	1.2600	Recommend
2025-06-11	10914000188	1.1014	70.4422	2.2782	68.1640	3.1118	70.4551	2.2910	Recommend
2025-06-11	10914000199		141.7970	6.8600	134.9370	2.8681	141.8170	6.8800	Recommend
2025-06-11	10914010188	1.1014	70.4784	2.2782	68.2003	3.1119	70.4913	2.2910	Recommend
2025-06-11	10914020188	1.1589	70.6204	2.2782	68.3422	3.1144	70.6333	2.2910	Recommend
2025-06-11	10914030188	1.1699	70.6474	2.2782	68.3692	3.1149	70.6602	2.2910	Recommend
2025-06-11	10914040188	1.5151	71.4732	2.2782	69.1950	3.1295	71.4861	2.2910	Recommend
2025-06-11	10914050188	1.5534	71.5690	2.2782	69.2909	3.1311	71.5819	2.2910	Recommend
2025-06-11	10914060188	2.7775	109.8989	3.4171	106.4818	3.1739	109.9182	3.4364	Recommend
2025-06-11	10915000007	0.3397	102.3587	1.3667	100.9920	3.1294	102.3753	1.3833	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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