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成交额三连放量+历史新高,场内唯一一只长久期地方政府债ETF——10年地方债ETF(511270)盘初走强
8月8日是债券税收变动生效首日。 据智通财经报道,今日有9只共360亿元地方债新发,合计发行金额360亿元。作为首批附带利息增值税 的地方债,其票面定价情况或成为市场关注重点。 作为场内唯一一只长久期地方政府债ETF产品,10年地方债ETF(511270)今日早盘震荡走强,截至发 稿上涨0.02%,成交额超2200万元。 Wind数据显示,截至8月7日收盘,10年地方债ETF(511270)成交额连续3个交易日放量,8月4日至8 月7日成交额分别为5.05亿元、7.19亿元、21.34元、31.35亿元。其中,该ETF8月7日成交额创历史新 高。 10年地方债ETF(511270)是快速配置地方债的高效工具。这类产品跟踪一篮子存量地方债,既继承了 老债的免税优势,又通过ETF的交易特性解决了个券流动性不足的问题,同时地方债ETF已纳入通用回 购质押库,质押率达0.94左右,有助于提升资金使用效率,满足多元投资策略。 据智通财经,有专家表示,参考7-8月湖北债、河北债的历史发行情况,其票面利率普遍定于国债滚动5 日均值+5bp位置,因此,(国债滚动5日均值+5bp)×1.06或成为一个重要基准,倘若最终票面利率 ...
规模突破4000亿!债券ETF,1个月涨了1000亿!
券商中国· 2025-07-13 13:22
Core Viewpoint - The establishment of 10 new AAA technology innovation company bond ETFs has significantly contributed to the growth of the bond ETF market, with the total number of bond ETFs nearing 40 and the total scale exceeding 400 billion yuan, indicating a potential for explosive growth in the future [1][2][4]. Group 1: Market Overview - As of July 11, the total scale of bond ETFs reached 4.278 billion yuan, with 39 bond ETFs existing in the market, of which 15 have scales exceeding 10 billion yuan [2][5]. - The largest bond ETF is the government financial bond ETF from Fortune Fund, exceeding 52.5 billion yuan, followed closely by the short-term financing bond ETF from Hai Futong Fund, also above 52 billion yuan [2][3]. - The bond ETF market is still underdeveloped, with a market share of less than 10% compared to the total ETF market, which stands at 4.3 trillion yuan [5]. Group 2: Growth Trends - The first bond ETF was established in March 2013, and the number of bond ETFs has accelerated significantly since 2022, with the total scale surpassing 1 trillion yuan in 2024 and reaching 4 trillion yuan by July 11, 2025 [4][6]. - The rapid growth is attributed to a decline in bond market yields and the increasing attractiveness of bond ETFs due to their high liquidity and lower investment costs [4][6]. Group 3: Investor Dynamics - The investor base for bond ETFs is becoming increasingly diverse, with significant participation from various asset management institutions, including pension funds, bank wealth management, and insurance asset management [6][9]. - The demand for bond ETFs is expected to grow as more investors utilize them as investment tools, necessitating fund managers to offer a wider range of bond ETF products [7][8]. Group 4: Market Mechanisms - Recent innovations in market mechanisms, such as including credit bond ETFs in the general pledge-style repurchase collateral list, are expected to enhance trading efficiency and liquidity [9]. - The ability to pledge credit bond ETFs for financing is anticipated to increase returns for investors and simplify trading operations [9].
又一只信用债ETF规模突破百亿
Xin Hua Cai Jing· 2025-06-09 06:21
Group 1 - The core viewpoint of the news is the significant growth and market impact of credit bond ETFs, particularly the Hai Fu Tong Shanghai Stock Exchange Benchmark Market Maker Corporate Bond ETF, which has surpassed 10.25 billion yuan in scale and is among the first to be used as collateral for repurchase transactions [1][2] - As of June 6, the credit bond ETF has seen a continuous net inflow of funds for 12 trading days, totaling over 4.4 billion yuan, indicating strong market demand and investor interest [1] - Hai Fu Tong Fund has established itself as the largest fund company in the market for bond ETFs, with a total management scale of 86.4 billion yuan across various bond ETF products, reflecting its comprehensive and efficient investment toolbox [2] Group 2 - The credit bond ETF is designed to track the Shanghai Stock Exchange Benchmark Market Maker Corporate Bond Index, which includes high-quality AAA-rated bonds primarily issued by central and state-owned enterprises, ensuring low credit risk and good liquidity [1] - The introduction of general repurchase business for credit bond ETFs is expected to enhance the efficiency of capital use for investors and increase the attractiveness of these products, driven by market conditions and policy support [2]
债券ETF获资金加速流入 海富通债券ETF总规模突破700亿元
Xin Hua Cai Jing· 2025-05-13 03:19
Core Viewpoint - The bond ETF market is experiencing significant growth due to favorable macroeconomic conditions, including declining deposit rates and ongoing monetary easing, with Hai Fu Tong Fund's bond ETFs reaching a record management scale of over 70 billion yuan as of May 12 [1] Group 1: Market Trends - The continuous growth of bond ETFs is driven by multiple factors, including their clear risk-return characteristics, transparency of underlying assets, and stable positions, catering to diverse investor needs [1] - Bond ETFs offer high flexibility and liquidity, with low investment thresholds and convenient operations, making them efficient investment tools for investors with moderate risk preferences [1] Group 2: Hai Fu Tong Fund's Position - Hai Fu Tong Fund is the largest fund company in the market in terms of the number and variety of bond ETFs, with products covering credit bonds, interest rate bonds, and convertible bonds, meeting diverse investment needs [2] - The Short-term Bond ETF (511360) has seen a growth of nearly 10 billion yuan this year, reaching a total scale of 39.162 billion yuan, addressing the market's demand for low-risk products [2] - The Credit Bond ETF (511190) has also experienced significant inflows, with its scale increasing by over 2 billion yuan since its launch in January, reaching a historical high of 5.343 billion yuan [2] Group 3: Product Performance - The Hai Fu Tong Shanghai Urban Investment Bond ETF (511220) has increased its product shares by 320 million to 1.656 billion, with a scale growth of over 3 billion yuan, reaching a new high of 16.965 billion yuan [3] - The company aims to continue focusing on the bond ETF investment sector, enhancing product management capabilities and performance to meet diverse investor needs in a changing market environment [3]