7月中小行债市投资创新高，30年国债ETF涨0.13%

Group 1: Market Overview - The bond market saw a slight increase on August 8, with the 30-year government bond ETF (511090) rising by 0.13% and the 30-year government bond futures contract (TL2509) increasing by 0.14% [1] - The central bank conducted a 7-day reverse repurchase operation of 122 billion yuan at a stable interest rate of 1.40% [1] - The yields on major government bonds decreased, with the 10-year government bond yield down by 0.7 basis points to 1.69% and the 30-year government bond yield down by 0.45 basis points to 1.914% [1] Group 2: Bond Market Trends - In the first half of the year, the bond market experienced adjustments, with a decline in small and medium-sized banks' enthusiasm for bond investments, particularly in April and May [2] - However, in July, the enthusiasm for bond trading among small and medium-sized banks rebounded, with total trading volume exceeding 17.24 trillion yuan, marking a new monthly high since early 2025 [2] - The outlook for the second half of the year suggests that small banks will continue to increase their bond holdings, acting as stabilizers in the bond market [2] Group 3: Investment Products - The Pengyang 30-year government bond ETF (511090) is the first ETF tracking the 30-year government bond index, offering T+0 trading attributes for investors [3] - This product serves as a high-elasticity cash management tool and duration adjustment tool, making it attractive for investors in both short-term and long-term scenarios [3]