多只债基恢复机构大额申购

Group 1 - Multiple bond funds have resumed large-scale subscriptions for institutional investors, with 19 funds making similar announcements since July, including 11 bond funds [1] - The resumption of large subscriptions is attributed to supportive policies, improved market conditions, and adjustments in fund management strategies, reflecting ample liquidity in the bond market and ongoing institutional demand [1] - In July, the total trading volume of bonds in the market reached 2.56 trillion yuan, a month-on-month increase of 40.89% and a year-on-year increase of 45.08%, indicating heightened trading activity [1] Group 2 - The overall trading frequency in the secondary bond market has increased, with a notable rise in institutional demand for bond assets and greater market participation [2] - The resumption of large subscriptions is seen as a proactive response from fund managers to the current "low interest rate + stable growth" environment, which is expected to provide short-term benefits to the bond market [2] - Fund managers previously limited subscriptions to reduce reliance on a few large institutional investors, thereby optimizing the holder structure and enhancing the long-term stability of fund operations [2]