成交额超1亿元，国开债券ETF(159651)实现5连涨

Group 1 - Insurance capital has significantly increased its investment in long-term bonds, with a net purchase of 20.5 billion in long-term rate bonds on December 23, marking the largest single-day net purchase in recent months [1] - Since November 20, insurance capital has net bought 245.1 billion in long-term bonds, while broker proprietary trading has net sold 122.5 billion and bond funds have net sold over 60 billion [1] - The recent trend indicates that insurance capital is shifting its focus towards long-term government bonds, with a notable net purchase of 73 billion in long-term government bonds since November 20, particularly 10 billion in a single day [1] Group 2 - As of December 23, the National Development Bank Bond ETF (159651) has a latest price of 106.83 yuan, with a trading volume of 1.80 billion, indicating active market participation [2] - The ETF has reached a new high in size at 5.09 billion, with a net inflow of 11.7584 million over the last five trading days [3] - The ETF has shown a 0.57% increase in net value over the past six months, with a historical profitability rate of 100% since its inception [3] Group 3 - The management fee for the National Development Bank Bond ETF is 0.15%, and the custody fee is 0.05% [4] - The ETF closely tracks the China Bond - 0-3 Year National Development Bank Bond Index, which includes policy bank bonds with a maturity of up to three years [5]