机构择券思路看好短利率，国开债券ETF(159651)历史持有2年盈利概率为100.00%

Group 1 - The People's Bank of China conducted a 1,385 billion yuan 7-day reverse repurchase operation at an interest rate of 1.40%, unchanged from previous rates [1] - A record high in the issuance of policy financial bonds was observed, with the Agricultural Development Bank of China and the Export-Import Bank of China issuing six new financial bonds on August 6, marking the highest single-day issuance since 2002 [1] - The Agricultural Development Bank plans to issue up to 42 billion yuan in financial bonds across four maturities, while the Export-Import Bank plans to issue up to 9 billion yuan in two maturities [1] Group 2 - As of August 5, 2025, the National Development Bank Bond ETF (159651) showed a price of 106.3 yuan, with a 1.61% increase over the past year [2] - The ETF had a trading volume of 11.68 million yuan on August 5, with an average daily trading volume of 531 million yuan over the past year [2] - The ETF has achieved a net value increase of 4.44% over the past two years, with a historical profitability rate of 100% over two years [2] Group 3 - The management fee for the National Development Bank Bond ETF is 0.15%, and the custody fee is 0.05%, which are among the lowest in comparable funds [3] - The ETF closely tracks the China Bond - 0-3 Year National Development Bank Bond Index, which includes policy bank bonds with a maturity of up to three years [3]