多家基金公司申报科创债指数基金，业内关注相关债券配置价值

Core Viewpoint - The recent surge in applications for technology innovation bond index funds indicates a growing interest in high-quality, AAA-rated bonds, driven by their stability and low default risk [2][3]. Group 1: Fund Applications and Market Trends - Recently, the application materials for the CCB CSI AAA Technology Innovation Corporate Bond Index Fund were accepted by regulators, following similar approvals for products from other fund companies [1][2]. - A total of 12 fund companies have submitted applications for technology innovation bond index funds to the CSRC this year [1][2]. - The AAA-rated bonds have attracted significant attention due to their high credit ratings and stable annualized returns, with the CSI AAA Technology Innovation Corporate Bond Index showing a 13.65% increase since July 29, 2022, reaching a historical high of 113.69 points on May 28 [2][3]. Group 2: Market Expansion and Policy Support - The technology innovation bond market has expanded rapidly, with a total scale exceeding 2.8 trillion yuan, supported by various policy measures since the pilot program began in 2021 [3]. - Recent policy updates have broadened the range of issuers for technology innovation bonds, including private equity and venture capital firms, enhancing market liquidity and supporting corporate financing [2][3]. Group 3: Bond ETF Performance - Bond ETFs have seen significant net inflows, with the top five ETFs by net inflow in May being primarily bond-focused, indicating strong market interest in this asset class [9][12]. - The introduction of market makers has improved the average turnover rate of benchmark corporate bonds, enhancing liquidity and reducing transaction costs for investors [9][10]. Group 4: Investment Outlook - The current environment, characterized by declining deposit rates, is expected to boost demand for credit assets, making short-term rate bonds particularly attractive for investment [10].