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
2026-06-16	03三峡债	038006	Shanghai Stock Exchange	7.1260	123.2306	4.2475	118.9831	1.9770	AAA
2026-06-16	25工商银行CD209	112502209	China Inter-Bank Market	0.0027	99.9962	1.6381	98.3581	1.3942	AAA
2026-06-16	01国开21	010221	Commercial Bank Counter Market	5.5753	117.4603	1.9354	115.5249	1.5966
2026-06-16	17招路02	112563	Shenzhen Stock Exchange	1.1425	108.1272	4.2705	103.8566	1.5443	AAA-
2026-06-16	02国债05	020005	Commercial Bank Counter Market	5.9370	108.3938	0.1813	108.2126	1.4513
2026-06-16	07豫投债2	078012	China Inter-Bank Market	0.9178	103.1622	0.3797	102.7825	1.5397	AAA
2026-06-16	13青国投MTN001	101354012	China Inter-Bank Market	2.1616	114.0547	5.3487	108.7060	2.2069	AA-
2026-06-16	25津南城投CP005	042500101	China Inter-Bank Market	0.0110	101.8734	1.8792	99.9942	1.5877	AA-
2026-06-16	23浙江01	101900	Shenzhen Stock Exchange	3.6630	106.6189	1.0008	105.6181	1.3851	AAA+
2026-06-16	16沂南城建PPN001	031695001	China Inter-Bank Market	0.5205	25.6989	0.4495	25.2494	1.7836	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
2026-06-16	03三峡债	038006	Central enterprise bond	Shanghai Stock Exchange	7.1260	123.2306	4.2475	118.9831	1.9770	5.95	45.29	0.0733	recommend	123.2439	4.2608	100.0000	AAA	CND0000004T5
2026-06-16	25工商银行CD209	112502209	Inter-bank negotiable certificates of deposit	China Inter-Bank Market	0.0027	99.9962	1.6381	98.3581	1.3942	0.00	0.00	0.0000	recommend	100.0007	1.6426	98.3574	AAA	CND10009HMK9
2026-06-16	01国开21	010221	Senior bond of policy bank	Commercial Bank Counter Market	5.5753	117.4603	1.9354	115.5249	1.5966	4.91	28.57	0.0577	recommend	117.4728	1.9478	100.0000		CND0000002K8
2026-06-16	17招路02	112563	Public offering corporate bond	Shenzhen Stock Exchange	1.1425	108.1272	4.2705	103.8566	1.5443	1.08	2.27	0.0117	recommend	108.1408	4.2842	100.0000	AAA-
2026-06-16	02国债05	020005	Book-entry T-bond	Commercial Bank Counter Market	5.9370	108.3938	0.1813	108.2126	1.4513	5.47	34.08	0.0593	recommend	108.4017	0.1891	100.0000		CND0000002T9
2026-06-16	07豫投债2	078012	Local enterprise bond	China Inter-Bank Market	0.9178	103.1622	0.3797	102.7825	1.5397	0.91	1.64	0.0093	recommend	103.1749	0.3924	100.0000	AAA	CND100000JJ9
2026-06-16	13青国投MTN001	101354012	Medium-term note (MTN)	China Inter-Bank Market	2.1616	114.0547	5.3487	108.7060	2.2069	1.95	5.96	0.0223	recommend	114.0722	5.3662	100.0000	AA-	CND100011881
2026-06-16	25津南城投CP005	042500101	Short-term commercial paper (CP)	China Inter-Bank Market	0.0110	101.8734	1.8792	99.9942	1.5877	0.02	0.00	0.0002	recommend	101.8786	1.8844	100.0000	AA-	CND10009F3L3
2026-06-16	23浙江01	101900	Local government bond	Shenzhen Stock Exchange	3.6630	106.6189	1.0008	105.6181	1.3851	3.45	15.66	0.0368	recommend	106.6271	1.0090	100.0000	AAA+	CND100063JB4
2026-06-16	16沂南城建PPN001	031695001	Private placement instruments (PPN)	China Inter-Bank Market	0.5205	25.6989	0.4495	25.2494	1.7836	0.52	0.53	0.0013	recommend	25.7015	0.4521	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
2026-06-16	10914000146	3.3370	113.0195	1.3300	111.6895	2.6730	Recommend
2026-06-16	10914000188	0.0877	34.6291	1.1714	33.4577	2.8966	Recommend
2026-06-16	10914000199		106.2408	4.4784	101.7625	2.5225	Recommend
2026-06-16	10914010188	0.0932	34.6419	1.1779	33.4641	2.8966	Recommend
2026-06-16	10914020188	0.0932	34.6419	1.1779	33.4641	2.8966	Recommend
2026-06-16	10914030188	0.0932	34.6419	1.1779	33.4641	2.8966	Recommend
2026-06-16	10914040188	0.0932	34.6419	1.1779	33.4641	2.8966	Recommend
2026-06-16	10914050188	0.0932	34.6419	1.1779	33.4641	2.8966	Recommend
2026-06-16	10914060188	0.0932	34.6419	1.1779	33.4641	2.8966	Recommend
2026-06-16	10915000010	4.5260	112.9698	1.2311	111.7387	2.7427	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
2026-06-16	10914000146	3.3370	113.0195	1.3300	111.6895	2.6730	113.0370	1.3475	Recommend
2026-06-16	10914000188	0.0877	34.6291	1.1714	33.4577	2.8966	34.6355	1.1779	Recommend
2026-06-16	10914000199		106.2408	4.4784	101.7625	2.5225	106.2537	4.4912	Recommend
2026-06-16	10914010188	0.0932	34.6419	1.1779	33.4641	2.8966	34.6484	1.1843	Recommend
2026-06-16	10914020188	0.0932	34.6419	1.1779	33.4641	2.8966	34.6484	1.1843	Recommend
2026-06-16	10914030188	0.0932	34.6419	1.1779	33.4641	2.8966	34.6484	1.1843	Recommend
2026-06-16	10914040188	0.0932	34.6419	1.1779	33.4641	2.8966	34.6484	1.1843	Recommend
2026-06-16	10914050188	0.0932	34.6419	1.1779	33.4641	2.8966	34.6484	1.1843	Recommend
2026-06-16	10914060188	0.0932	34.6419	1.1779	33.4641	2.8966	34.6484	1.1843	Recommend
2026-06-16	10915000010	4.5260	112.9698	1.2311	111.7387	2.7427	112.9849	1.2461	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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