债券ETF跟踪：债券ETF资金持续流出

Group 1: Report Summary - The ChinaBond New Composite Index rose 0.18% last week; short - term and medium - long - term pure bond funds rose 0.02% and 0.05% respectively; the CSI AAA Sci - tech Innovation Bond Index and the SSE Benchmark Market - making Corporate Bond Index rose 0.11% each [2] Group 2: Capital Flows - As of January 16, 2026, bond - type ETFs had a net outflow of 16.512 billion yuan in the past week. Interest - rate, credit, and convertible - bond ETFs had net outflows of 5.307 billion yuan, 14.018 billion yuan, and a net inflow of 2.814 billion yuan respectively [4] - Among credit - type ETFs, short - term financing, corporate bonds, and urban investment bonds had net inflows of 0.274 billion yuan, 0.113 billion yuan, and 0.05 billion yuan respectively. Market - making credit bonds had a net outflow of 5.776 billion yuan, and sci - tech innovation bonds had a net outflow of 8.679 billion yuan [4] - As of January 16, 2026, interest - rate, credit, and convertible - bond ETFs had cumulative net inflows of 60.615 billion yuan, 487.023 billion yuan, and 25.964 billion yuan respectively since 2025, totaling 573.603 billion yuan [4] Group 3: Net Value Performance - Overall, the net values of various types of bond ETF products generally rose last week. As of January 16, 2026, Boshi 30 - year Treasury Bond ETF performed well, rising 0.37% for the week. Huaxia Treasury Bond ETF rose 0.31%, and the 10 - year Treasury Bond ETF rose 0.36%. Convertible Bond ETF and SSE Convertible Bond ETF rose 1.05% and 0.68% respectively last week [5] Group 4: Credit Bond ETF and Sci - tech Innovation Bond ETF Performance - As of January 16, 2026, the median unit net values of credit bond ETFs and sci - tech innovation bond ETFs were 1.0128 and 1.0010 respectively, rising 0.09% and 0.07% for the week. Among credit bond ETFs, Dacheng Credit Bond ETF performed relatively well, rising 0.10% for the week. Among sci - tech innovation bond ETFs, Invesco and Wanjia Sci - tech Innovation Bond ETFs performed relatively well [6] - As of January 16, 2026, the median discount rate of credit bond ETFs was 21BP, and that of sci - tech innovation bond ETFs was 24BP [6] Group 5: Credit - type ETF Duration Tracking - As of January 16, 2026, the holding durations of short - term financing ETFs, corporate bond ETFs, and urban investment bond ETFs were 0.34 years, 1.56 years, and 2.13 years respectively. Among market - making credit bond ETFs, the median holding durations of products tracking the Shanghai Market - making Corporate Bond and Shenzhen Market - making Corporate Bond indexes were 3.58 years and 2.80 years respectively [7] - Among sci - tech innovation bond ETFs, the median holding durations of products tracking the AAA Sci - tech Innovation Bond, Shanghai AAA Sci - tech Innovation Bond, and Shenzhen AAA Sci - tech Innovation Bond indexes were 3.31 years, 3.24 years, and 3.16 years respectively [7]