净值回撤稳定场内价格贴水少，公司债ETF(511030)可作为低风险资金避风港

Group 1: Market Liquidity and Trends - In early September, the scale of public market maturities increased significantly, with the weekly reverse repurchase maturity reaching a new high for the year [1] - Analysts expect that fiscal spending and central bank support will offset seasonal disturbances, maintaining overall liquidity at a reasonable level [1] - Government bond issuance and fiscal fund allocation are projected to inject approximately 190 billion yuan into the banking system, while regular fiscal revenue is expected to provide over 1.1 trillion yuan in support [1] Group 2: Financial Leasing Industry - By the end of 2024, the balance of direct leasing assets for financial leasing companies is expected to reach 640.54 billion yuan, reflecting a year-on-year growth of 52.73% [2] - The total number of financial leasing companies is projected to be 67, with total assets and leasing assets reaching 4.58 trillion yuan and 4.38 trillion yuan, respectively, both showing year-on-year growth of 9.65% and 10.24% [2] Group 3: Company Bond ETF Performance - The Ping An Company Bond ETF (511030) has shown the least market discount in the past week at 2 basis points, with a net inflow of 52 million yuan [5] - The latest scale of the company bond ETF reached 22.568 billion yuan, marking a new high in nearly a year [6] - The number of shares for the company bond ETF reached 213 million, the highest in nearly three months [7] Group 4: Fund Flows and Returns - The company bond ETF has seen continuous net inflows over the past four days, with a maximum single-day net inflow of 159 million yuan, totaling 201 million yuan [8] - The company bond ETF has achieved a net value increase of 13.60% over the past five years, with a maximum monthly return of 1.22% since inception [8] - The management fee rate for the company bond ETF is 0.15%, and the custody fee rate is 0.05% [9]