ChinaBond-- ChinaBond Valuation

ChinaBond Valuation

Date	Bond Name	Bond Code	Market	Maturity(Yrs)	Full Price(Mid-Day) (Yuan)	Accrued Interest (Mid-Day) (Yuan)	Net Price (Yuan)	YTM (%)	ChinaBond Market Implied Rating
2026-04-10	03三峡债	038006	Shanghai Stock Exchange	7.3096	121.8821	3.3554	118.5267	2.0981	AAA
2026-04-10	01国开21	010221	Commercial Bank Counter Market	5.7589	116.4407	1.0988	115.3419	1.7099
2026-04-10	17招路02	112563	Shenzhen Stock Exchange	1.3260	107.7706	3.3564	104.4142	1.5831	AAA-
2026-04-10	02国债05	020005	China Inter-Bank Market	6.1205	108.7284	1.0975	107.6309	1.5868
2026-04-10	07豫投债2	078012	China Inter-Bank Market	1.1014	107.4239	4.1517	103.2722	1.5961	AAA
2026-04-10	25工商银行CD134	112502134	China Inter-Bank Market	0.0027	99.9893	1.7245	98.2648	1.3011	AAA
2026-04-10	13青国投MTN001	101354012	China Inter-Bank Market	2.3452	113.1044	4.1776	108.9268	2.4116	AA-
2026-04-10	25赣州开投CP001	042500098	China Inter-Bank Market	0.0795	101.9456	1.9147	100.0309	1.6590	AA(2)
2026-04-10	23浙江01	101900	Commercial Bank Counter Market	3.8466	105.7981	0.4557	105.3424	1.5285	AAA+
2026-04-10	16沂南城建PPN001	031695001	China Inter-Bank Market	0.7041	25.6101	0.2774	25.3328	1.8154	AA

Date	Bond Name	Bond Code	Bond Property	Market	Maturity(Yrs)	Full Price(Mid-Day) (Yuan)	Accrued Interest (Mid-Day) (Yuan)	Net Price (Yuan)	YTM (%)	Modified Duration	Convexity	BPV	Recommendation	Full Price (End Day)(Yuan)	Accrued Interest (End Day) (Yuan)	Residual Principal(Yuan)	ChinaBond Market Implied Rating	ISIN
2026-04-10	03三峡债	038006	Central enterprise bond	Shanghai Stock Exchange	7.3096	121.8821	3.3554	118.5267	2.0981	6.12	47.48	0.0745	recommend	121.8954	3.3687	100.0000	AAA	CND0000004T5
2026-04-10	01国开21	010221	Senior bond of policy bank	Commercial Bank Counter Market	5.7589	116.4407	1.0988	115.3419	1.7099	5.09	30.44	0.0593	recommend	116.4532	1.1113	100.0000		CND0000002K8
2026-04-10	17招路02	112563	Public offering corporate bond	Shenzhen Stock Exchange	1.3260	107.7706	3.3564	104.4142	1.5831	1.26	2.87	0.0136	recommend	107.7842	3.3700	100.0000	AAA-
2026-04-10	02国债05	020005	Book-entry T-bond	China Inter-Bank Market	6.1205	108.7284	1.0975	107.6309	1.5868	5.57	35.66	0.0606	recommend	108.7364	1.1055	100.0000		CND0000002T9
2026-04-10	07豫投债2	078012	Local enterprise bond	China Inter-Bank Market	1.1014	107.4239	4.1517	103.2722	1.5961	1.04	2.15	0.0112	recommend	107.4365	4.1643	100.0000	AAA	CND100000JJ9
2026-04-10	25工商银行CD134	112502134	Inter-bank negotiable certificates of deposit	China Inter-Bank Market	0.0027	99.9893	1.7245	98.2648	1.3011	0.01	0.00	0.0001	recommend	99.9940	1.7292	98.2708	AAA	CND1000965Y5
2026-04-10	13青国投MTN001	101354012	Medium-term note (MTN)	China Inter-Bank Market	2.3452	113.1044	4.1776	108.9268	2.4116	2.13	6.84	0.0241	recommend	113.1219	4.1951	100.0000	AA-	CND100011881
2026-04-10	25赣州开投CP001	042500098	Short-term commercial paper (CP)	China Inter-Bank Market	0.0795	101.9456	1.9147	100.0309	1.6590	0.08	0.01	0.0008	recommend	101.9513	1.9204	100.0000	AA(2)	CND100098JX4
2026-04-10	23浙江01	101900	Local government bond	Commercial Bank Counter Market	3.8466	105.7981	0.4557	105.3424	1.5285	3.63	17.07	0.0384	recommend	105.8062	0.4638	100.0000	AAA+	CND100063JB4
2026-04-10	16沂南城建PPN001	031695001	Private placement instruments (PPN)	China Inter-Bank Market	0.7041	25.6101	0.2774	25.3328	1.8154	0.70	0.97	0.0018	recommend	25.6127	0.2800	25.0000	AA	CND100013TG7

Insurance Asset Management Products Valuation

for more indices

Date	Code	Maturity(Yrs)	Full Price(Mid-Day)(Yuan)	Accrued Interest(Mid-Day)(Yuan)	Net Price(Yuan)	YTM (%)	Recommendation
2026-04-10	10914000146	3.5205	112.4721	0.1575	112.3146	2.6698	Recommend
2026-04-10	10914000188	0.2712	34.4540	0.7402	33.7139	2.7911	Recommend
2026-04-10	10914000199		106.3358	3.6161	102.7197	2.4398	Recommend
2026-04-10	10914010188	0.2767	34.4668	0.7466	33.7202	2.7911	Recommend
2026-04-10	10914020188	0.2767	34.4668	0.7466	33.7202	2.7911	Recommend
2026-04-10	10914030188	0.2767	34.4668	0.7466	33.7202	2.7911	Recommend
2026-04-10	10914040188	0.2767	34.4668	0.7466	33.7202	2.7911	Recommend
2026-04-10	10914050188	0.2767	34.4668	0.7466	33.7202	2.7911	Recommend
2026-04-10	10914060188	0.2767	34.4668	0.7466	33.7202	2.7911	Recommend
2026-04-10	10915000010	4.7096	112.5747	0.2252	112.3495	2.7070	Recommend

Date	Code	Maturity(Yrs)	Full Price(Mid-Day)(Yuan)	Accrued Interest(Mid-Day)(Yuan)	Net Price(Yuan)	YTM (%)	Full Price(End Day)(Yuan)	Accrued Interest(End Day)(Yuan)	Recommendation
2026-04-10	10914000146	3.5205	112.4721	0.1575	112.3146	2.6698	112.4896	0.1750	Recommend
2026-04-10	10914000188	0.2712	34.4540	0.7402	33.7139	2.7911	34.4605	0.7466	Recommend
2026-04-10	10914000199		106.3358	3.6161	102.7197	2.4398	106.3487	3.6290	Recommend
2026-04-10	10914010188	0.2767	34.4668	0.7466	33.7202	2.7911	34.4733	0.7531	Recommend
2026-04-10	10914020188	0.2767	34.4668	0.7466	33.7202	2.7911	34.4733	0.7531	Recommend
2026-04-10	10914030188	0.2767	34.4668	0.7466	33.7202	2.7911	34.4733	0.7531	Recommend
2026-04-10	10914040188	0.2767	34.4668	0.7466	33.7202	2.7911	34.4733	0.7531	Recommend
2026-04-10	10914050188	0.2767	34.4668	0.7466	33.7202	2.7911	34.4733	0.7531	Recommend
2026-04-10	10914060188	0.2767	34.4668	0.7466	33.7202	2.7911	34.4733	0.7531	Recommend
2026-04-10	10915000010	4.7096	112.5747	0.2252	112.3495	2.7070	112.5897	0.2402	Recommend

The above Insurance Asset Management Products Valuation is compiled and released by ChinaBond Pricing Center CO.,LTD and Zhongbao Insurance Asset Registration And Exchange CO.,LTD jointly.

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