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3只,超200亿元大关!
中国基金报·2025-06-29 07:00

Core Viewpoint - The rapid growth of the first batch of benchmark market-making credit bond ETFs has led to three funds surpassing the 20 billion yuan mark, indicating a significant expansion in this investment segment [2][5][9]. Group 1: Market Performance - As of June 27, the total scale of the first batch of eight benchmark market-making credit bond ETFs exceeded 120 billion yuan, representing a growth of over 460% from the initial fundraising amount of 21.71 billion yuan [6]. - The E Fund's corporate bond ETF saw a net inflow of approximately 1.6 billion yuan in a single day on June 26, reaching a scale of 20.53 billion yuan, marking a historical high [6]. - The South Fund's Shanghai Stock Exchange corporate bond ETF also surpassed 20 billion yuan, reaching 20.51 billion yuan just one month after breaking the 10 billion yuan mark [6]. Group 2: Investment Trends - Credit bond ETFs have attracted over 130 billion yuan in net inflows this year, accounting for over 80% of the total net inflow into bond ETFs [10]. - The current scale of credit bond ETFs exceeds 215 billion yuan, with an increase of over 160 billion yuan since the end of the previous year, representing more than 57% of the total bond ETF market [10]. - The demand for high-rated credit bonds is rising due to their attractive yield in a fluctuating interest rate environment, alongside a growing variety of credit bond ETF products available for investors [10][11]. Group 3: Investor Participation - Various types of investors, including pension funds, bank wealth management, and insurance asset management, are actively participating in the investment of benchmark market-making corporate bond ETFs, indicating a strong demand from asset management accounts [11]. - The introduction of credit bond ETFs as collateral for repurchase agreements since June 6 has enhanced their utility, allowing investors to leverage these products for more efficient capital use [11].