Core Insights - The first batch of 10 Sci-Tech Bond ETFs raised a total of 30 billion CNY each in a single day, totaling 300 billion CNY, indicating strong market interest [1] - The second batch of Sci-Tech Bond ETFs also sold out in one day, raising approximately 400 billion CNY, continuing the trend of high demand [1] - The overall scale of Sci-Tech Bond ETFs has surpassed 1600 billion CNY, with the first batch alone exceeding 1230 billion CNY [3] Fund Details - The second batch includes 14 public funds, with 10 tracking the China Securities AAA Sci-Tech Innovation Company Bond Index, 3 tracking the Shanghai Securities AAA Sci-Tech Innovation Company Bond Index, and 1 tracking the Shenzhen Securities AAA Sci-Tech Innovation Company Bond Index [6][7] - The first batch of ETFs has shown significant growth, with individual fund sizes exceeding 100 billion CNY, and the Jia Shi Sci-Tech Bond ETF nearing 200 billion CNY, reflecting a growth of over 650% [3][4] Market Performance - The concentrated inflow of passive funds has led to a significant narrowing of excess yields by approximately 9 basis points within 1-2 months after the first batch's issuance [5] - The three indices have shown strong performance, with the China Securities AAA Sci-Tech Innovation Company Bond Index yielding 3.99% over the past three years, outperforming the overall bond index [8][10] Investment Outlook - The Sci-Tech Bond market is expected to continue expanding due to favorable policies, with the current stock of Sci-Tech Bonds accounting for 7% of the total credit bond market [10] - The flexibility and dual attributes of yield and liquidity of Sci-Tech Bond ETFs make them appealing to investors seeking stable returns [10]
再度买爆！第二批科创债ETF全部首日售罄，产品为何如此“吸金”？
Sou Hu Cai Jing·2025-09-15 08:27