1月14日信用债异常成交跟踪

Report Industry Investment Rating - Not provided in the given content Core Viewpoints - Among the bonds with discounted transactions, "24 Chanrong 08" had a relatively large deviation in bond valuation price. Among the bonds with rising net prices, "24 Hongjian 01" had a relatively high deviation in valuation price. Among the Tier 2 and perpetual bonds with rising net prices, "24 CCB Tier 2 Capital Bond 02B" had a relatively large deviation in valuation price; among the commercial financial bonds with rising net prices, "25 CEB Bond 02" had a relatively high deviation in valuation price. Among the bonds with a transaction yield higher than 5%, transportation bonds ranked high [2]. - The changes in credit bond valuation yields were mainly distributed in the [-5,0) interval. The transaction terms of non - financial credit bonds were mainly distributed between 2 and 3 years, with the highest proportion of discounted transactions for varieties within 0.5 years; the transaction terms of Tier 2 and perpetual bonds were mainly distributed between 4 and 5 years, with the highest proportion of discounted transactions for varieties within 1 year. By industry, the bonds in the household appliances industry had the largest average deviation in valuation price [2]. Summaries by Related Catalogs Discounted Transaction Tracking - Bonds such as "24 Chanrong 08", "24 Chanrong 06", etc. in the non - bank financial industry had relatively large deviations in valuation price and high valuation yield deviations. "24 Zhonghua 08" in the comprehensive industry and "26 Lanhua MTN001" in the coal industry also had certain deviations in valuation price [3]. Tracking of Bonds with Rising Net Prices - "24 Hongjian 01" in the urban investment industry had a relatively high deviation in valuation price. Many bank - related Tier 2 and perpetual bonds also had positive deviations in valuation price, such as "24 CCB Tier 2 Capital Bond 02B", "24 BOC Tier 2 Capital Bond 02B", etc. [5]. Tracking of Tier 2 and Perpetual Bond Transactions - Bonds of state - owned banks such as "24 CCB Tier 2 Capital Bond 02B", "24 BOC Tier 2 Capital Bond 02B" had relatively large deviations in valuation price. Some bonds of joint - stock banks and city commercial banks also showed certain deviations [7]. Tracking of Commercial Financial Bond Transactions - Bonds like "25 CEB Bond 02", "25 Huishang Bank 01" had small positive deviations in valuation price and relatively stable valuation yields [8]. Tracking of Bonds with Transaction Yield Higher than 5% - Bonds such as "24 Ruimao 02" in the transportation industry and "23 Chanrong 05" in the non - bank financial industry had high transaction yields [9]. Distribution of Credit Bond Transaction Valuation Deviations on the Day - The changes in credit bond valuation yields were mainly distributed in the [-5,0) interval [2]. Distribution of Non - financial Credit Bond Transaction Terms on the Day - The transaction terms of non - financial credit bonds were mainly distributed between 2 and 3 years, and the proportion of discounted transactions for varieties within 0.5 years was the highest [2]. Distribution of Tier 2 and Perpetual Bond Transaction Terms on the Day - The transaction terms of Tier 2 and perpetual bonds were mainly distributed between 4 and 5 years, and the proportion of discounted transactions for varieties within 1 year was the highest [2]. Discounted Transaction Proportion and Transaction Scale of Non - financial Credit Bonds in Each Industry - The bonds in the household appliances industry had the largest average deviation in valuation price [2].