Group 1 - The focus for government bonds is on the 7-year maturity, while for policy bank bonds, the 3-year and 10-year maturities are emphasized [1] - The 10-year government bond spread between 250016 and 250011 is around 7-8 basis points, with expectations for increased liquidity in 250016, potentially leading to a switch in the main bond [1] - The 30-year government bond 25T6 is expected to become the next main bond due to improved liquidity, with a potential spread reduction to 3-6 basis points compared to 25T2 [2] Group 2 - The National Development Bank bond ETF (159651) has seen a 1.55% increase over the past year, with a current price of 106.36 yuan as of September 22, 2025 [2] - The trading volume for the National Development Bank bond ETF was 520.09 million yuan, with an average daily trading volume of 4.58 billion yuan over the past year [3] - The ETF has a management fee of 0.15% and a custody fee of 0.05%, which are among the lowest in comparable funds [4]
风雨中，见稳健——国开债券ETF(159651)，您的资产避风港
Sou Hu Cai Jing·2025-09-23 01:39