Group 1 - The credit bond ETF market has experienced explosive growth, with the total market size surpassing 200 billion yuan, accounting for nearly 57% of the total bond ETF market [1] - The first batch of 8 credit bond ETFs launched at the beginning of the year has laid the foundation for scale expansion, with their total size exceeding 116.2 billion yuan, growing over 5 times since their listing [1] - Following the approval for these ETFs to participate in general pledge-style repurchase transactions, their trading volume surged to 52.6 billion yuan on June 6, marking a 65% increase from the previous trading day [1] Group 2 - The largest credit bond ETF is managed by Huaxia Fund, which is the only fund to exceed 20 billion yuan in size, while the company bond ETFs from E Fund and Southern Fund follow closely, both surpassing 18 billion yuan [2] - The Southern Fund's company bond ETF recorded an average daily trading volume of 10.8 billion yuan since June 6, while the Hai Fu Tong credit bond ETF had the highest turnover rate, approaching 80% [2] Group 3 - Looking ahead to the second half of the year, the credit bond's coupon value is seen as certain amidst a volatile market, although there may be short-term mismatches in supply and demand [3] - The benchmark market-making credit bond ETFs are considered to have a higher cost-performance ratio, with observable returns and controllable risks, making them a reliable investment choice supported by policy [3]
首批基准做市信用债ETF哪家强?有产品日均成交额破百亿
Sou Hu Cai Jing·2025-06-25 13:06