鹏华基金债券指数团队：债市波动中显韧性，科创债ETF具配置价值

Group 1 - The second batch of 14 Sci-Tech Bond ETFs was fully sold out in one day, raising nearly 40.8 billion yuan, contributing to a total market size exceeding 160 billion yuan with the first batch included [1] - The first batch of 10 Sci-Tech Bond ETFs has a total size of over 125.9 billion yuan, with 8 of them entering the "100 billion club" [1] - The Penghua Sci-Tech Bond ETF (551030) has a size of 17.317 billion yuan, ranking second in the industry and first on the Shanghai Stock Exchange [1] Group 2 - The liquidity of Sci-Tech Bond ETFs is expected to remain good due to the influx of new funds from the second batch and policy support [2] - The inclusion of Penghua and other first batch products in the general pledged repo collateral range enhances liquidity and market attractiveness [2] - The Penghua Fund's bond index investment team indicates that the suppression of the bond market by anti-involution policies and risk preferences has weakened, suggesting potential for further bond price increases [2]