In order to reflect the trend of RMB bond market from multiple angles and provide investors with diversified performance comparison benchmarks and investment targets, China bond financial valuation Center Co., Ltd. (hereinafter referred to as China bond valuation) released China bond - Shanghai Pudong Development Bank Co.Ltd(600000) esg bond select index on January 9.
According to China bond valuation, the index component bonds are composed of bonds with an issuance period of less than 5 years (including 5 years) and a remaining period of 1 month to 5 years (including 1 month and 5 years). Among them, the credit bond issuer shall meet the conditions of ESG evaluation of 7 points or more, total asset scale of no less than 100 billion yuan and stock bond balance of no less than 2 billion yuan. The index selects medium and short-term bonds issued by high-quality issuers by using the three factors of China bond ESG evaluation, financial operation index and implied rating of China bond market as the core screening conditions. The index is characterized by low volatility, high dispersion and good liquidity, which is convenient for investors to track and copy.
The wealth index code of China bond - Shanghai Pudong Development Bank Co.Ltd(600000) ESG selected bond index is cbc04401, the base period is December 31, 2018, and the base point value is 100, excluding the sub index of repayment period. In principle, the index component bonds are adjusted regularly every month. As of November 30, 2021, the number of component bonds of China bond - Shanghai Pudong Development Bank Co.Ltd(600000) ESG selected bond index was 1065, the total market value of the index was 11.43 trillion yuan, the average duration was 1.48, the average yield to maturity was 2.81%, the average outstanding period was 1.65 years, the average dividend payout rate was 3.27%, the annualized volatility of the index since the base period was 1.1%, and the maximum pullback was 1.37%.
(source: Xinhua Finance and Economics)
