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Since the beginning of this year, the overall performance of the bond market has strengthened and attracted market attention.
As of May 20, the Shanghai Stock Exchange bond ETF size was 85.2 billion yuan, an increase of more than 57% from the beginning of the year and an increase of more than 175% from the beginning of 2023. The net capital inflow during the year exceeded 31 billion yuan.
At present, there are 15 bond ETF products in Shanghai, including a net inflow of 7.9 billion yuan from government-financial bond ETF (511520) and a net inflow of 7.2 billion yuan from short-term financial ETF (511360).
Recently, the scale of short-term financial ETF (511360) exceeded 30 billion yuan, becoming the largest bond ETF single item in China. The 30-year treasury bond ETF has grown fivefold. The latest scale of the newly listed Boshi 30-year treasury bond ETF this year reaches 2.1 billion yuan. The growth rates of the Urban Investment Bond ETF (511220) and the Ten-Year Treasury Bond ETF (511260) both exceeded 100%.
In terms of investment returns, the average annualized return on Shanghai bond ETFs this year has reached 7.skeeballtable.48%, of which the annualized return of the 30-year treasury bond ETF reached 17skeeballtable.84%。
From the perspective of secondary market liquidity, since the beginning of this year, the average daily turnover of Shanghai bond ETFs has reached 18.71 billion yuan, an increase of 23% compared with 2023. The average daily turnover of short-term ETFs during the year reached 7 billion yuan. The number of participating investors has increased, participation and trading activity.
"Recently, many fund managers have reported bond ETFs, which reflects their optimism about the layout of bond ETF products. With the continuous improvement of the market ecology, the bond ETF market is expected to further improve its quality and efficiency in the future." Some industry insiders said.
It is understood that in recent years, the Shanghai Stock Exchange has continuously improved market supporting mechanismsskeeballtable: First, promote the implementation of the exchange benchmark market-making systemskeeballtableSecond, bond ETFs are included in the pledged repurchase mechanism, and currently, interest-rate bond ETFs are basically put into storage; third, they serve investors through multiple channels and increase investment, education and publicity of bond ETFs.