Group 1 - The core viewpoint of the articles highlights the significant growth of credit bond ETFs, with the total scale surpassing 800 billion yuan, reaching 801 billion yuan as of March 31 [1] - The number of credit bond ETFs increased from 3 to 11, with a product scale growth exceeding 20 billion yuan in the first quarter, driven by the issuance of the first 8 exchange-traded benchmark market-making corporate bond ETFs [1] - The first batch of 8 benchmark market-making corporate bond ETFs attracted over 7 billion yuan in net inflows, with E Fund's corporate bond ETF leading with a net inflow of over 2 billion yuan, bringing its latest scale to 5 billion yuan [1] Group 2 - The introduction of the notice on March 21 by China Clearing allows eligible credit bond ETF products to pilot general pledge-style repurchase business, clarifying qualification standards and application procedures [1][2] - The general pledge-style repurchase business is crucial for liquidity management in the bond market, allowing investors to pledge eligible bonds for financing [2] - Several fund companies, including Haitong Fund, E Fund, and Ping An Fund, have credit bond ETFs that meet the conditions for inclusion in the repurchase pledge pool, which will enhance liquidity management for investors [2]
信用债ETF规模突破800亿
Zhong Guo Zheng Quan Bao·2025-04-02 20:44