Core Viewpoint - The 30-year Treasury ETF (511090) has shown positive performance with a 0.14% increase as of February 13, 2026, and has experienced significant net inflows, indicating strong investor interest in this asset class ahead of the upcoming holiday period [1][2]. Market Performance - As of February 12, the 30-year Treasury ETF recorded a trading volume of 6.92 billion yuan with a turnover rate of 3% [1]. - The average daily trading volume over the past year for the 30-year Treasury ETF is 82.06 billion yuan [1]. - The total size of the 30-year Treasury ETF has reached 230.57 billion yuan [1]. Fund Inflows - The 30-year Treasury ETF has seen continuous net inflows over the past six days, with a peak single-day inflow of 658 million yuan, totaling 1.872 billion yuan in net inflows [1]. Interest Rate Environment - The interbank bond market in China has maintained a warm trend, with yields on government bonds declining, particularly the 10-year government bond yield approaching 1.77% [1]. - The People's Bank of China conducted a 1,665 billion yuan reverse repurchase operation at a fixed rate of 1.40% on February 12, with a net injection of 448 billion yuan for the day [1]. Investment Sentiment - There is a noticeable "hold bonds over the holiday" sentiment among market participants, favoring bonds as a preferred asset class ahead of the holiday, which has led to a strengthening of the bond market [2]. - The central bank's normalization of government bond trading has provided a stable anchor for long-term interest rates, benefiting investment strategies [2]. ETF Characteristics - The 30-year Treasury ETF closely tracks the China Bond 30-Year Treasury Index, which consists of publicly issued 30-year government bonds [2]. - The ETF offers advantages such as T+0 trading, daily interest calculation regardless of market closure, and lower transaction costs compared to similar products [9][10].

Group 1 - The core viewpoint of the news is the performance and trading activity of the 30-year government bond ETF, which has shown an increase in both price and trading volume, indicating strong market interest and liquidity [1][2] - As of January 12, 2026, the 30-year government bond ETF has a total scale of 23.307 billion yuan, reflecting its growing popularity among investors [1] - The People's Bank of China conducted a reverse repurchase operation of 86.1 billion yuan at a fixed rate of 1.40%, resulting in a net injection of 36.1 billion yuan into the market on January 12, 2026 [1] Group 2 - Institutional investors, including brokerages and insurance funds, are increasing their allocations to low-volatility bond assets, particularly government bonds, in response to market conditions and interest rate pressures [2] - The 30-year government bond ETF closely tracks the China Bond 30-Year Government Bond Index, which consists of publicly issued 30-year government bonds, serving as a benchmark for performance comparison [2]

Group 1 - The benchmark government bond ETF (511100) has seen a price increase of 0.08%, marking a three-day consecutive rise, with the latest price at 108.04 yuan [1] - Over the past year, the benchmark government bond ETF has accumulated a total increase of 1.99% as of November 28, 2025 [1] - The ETF has experienced active trading, with an intraday turnover of 18.24% and a total transaction volume of 1.962 billion yuan, indicating a vibrant market [1] Group 2 - In terms of fund inflow, the benchmark government bond ETF has recorded net inflows on 4 out of the last 5 trading days, totaling 2.945 billion yuan, with an average daily net inflow of 589 million yuan [1] - The latest scale of the benchmark government bond ETF has reached 10.749 billion yuan, achieving a new high in nearly one year [1] Group 3 - The net asset value of the benchmark government bond ETF has increased by 2.10% over the past year as of November 28, 2025 [3] - The ETF's highest monthly return since inception is 2.67%, with the longest streak of consecutive monthly gains being 9 months and the maximum gain during this period being 6.94% [3] - The historical probability of profitability over one year is 100%, with a monthly profitability probability of 71.65% [3] Group 4 - The maximum drawdown for the benchmark government bond ETF over the past six months is 2.27%, with a relative benchmark drawdown of 0.31% [3] - The management fee for the ETF is 0.15%, while the custody fee is 0.05% [3] Group 5 - The tracking error of the benchmark government bond ETF over the past month is 0.018% [4] - The ETF closely tracks the Shanghai Stock Exchange's benchmark market-making government bond index, which reflects the overall performance of bonds with good liquidity listed on the Shanghai Stock Exchange [4]

Group 1 - The 30-year Treasury ETF (511090) has been adjusted with a latest quote of 122.22 yuan as of August 12, 2025, indicating active market trading with a turnover of 33.56% and a transaction volume of 7.795 billion yuan [1] - The latest scale of the 30-year Treasury ETF has reached 23.256 billion yuan, with the latest share count at 19 million, marking a new high in nearly one year [1] - The ETF has seen continuous net inflows over the past four days, with a maximum single-day net inflow of 617 million yuan, totaling 1.262 billion yuan in net inflows [1] Group 2 - The 30-year Treasury ETF closely tracks the China Bond 30-Year Treasury Index, which consists of publicly issued 30-year treasury bonds with a maturity of 25-30 years, serving as a benchmark for investment performance [2]