深交所推动深市债券ETF市场高质量发展，信用债ETF博时(159396)冲击9连涨，成交额超33亿元

Core Insights - The credit bond ETF from Bosera (159396) has achieved a 9-day consecutive increase, reflecting strong market performance and liquidity [3] - The Shenzhen Stock Exchange is planning to implement several supportive measures to enhance the development of the credit bond ETF market [3] - Recent developments in the pledge repo business are expected to increase the attractiveness of credit bond ETFs, encouraging issuers to actively participate in this market [3] Market Performance - As of June 20, 2025, the Bosera credit bond ETF has reached a new high in scale at 11.197 billion yuan, ranking 2nd among comparable funds [3] - The ETF has seen a significant inflow of funds, with a total of 3.598 billion yuan over the past 15 days, averaging 240 million yuan daily [4] - The ETF has recorded a monthly profit percentage of 75% since its inception, with a 100% probability of profit over a 3-month holding period [4] Risk and Return Metrics - The maximum drawdown since inception for the Bosera credit bond ETF is 0.89%, with a relative benchmark drawdown of 0.10% [4] - The ETF has a Sharpe ratio of 1.05 over the past month, ranking in the top half among comparable funds [4] - The management fee is 0.15% and the custody fee is 0.05%, making it the lowest among comparable funds [4] Tracking and Precision - The Bosera credit bond ETF has a tracking error of 0.009% year-to-date, indicating the highest tracking precision among comparable funds [4] - It closely follows the Shenzhen benchmark market-making credit bond index, which reflects the operational characteristics of the credit bond market in Shenzhen [4]