China bond financial valuation Center Co., Ltd. announced on the 17th that in order to reflect the trend of the RMB bond market from multiple angles and provide investors with diversified performance comparison benchmarks and investment targets, China bond - Citic Securities Company Limited(600030) ESG select credit bond index was released on the same day.
The index component bonds are composed of credit bonds with a repayment period of 1-5 years, a listing period of less than 5 years, a bond balance of no less than 500 million yuan, an entity rating of AA + or above, an implicit rating of AA + or above in the Chinese bond market and good returns issued by issuers with good performance in the ESG evaluation and corporate governance evaluation of the issuer, At the same time, the trading volume of index component bonds in recent 6 months and the number of component bonds of a single issuer shall be limited. The index focuses on the corporate governance performance of the issuer and deeply excavates the long-term investment value of high-quality enterprises through the ESG evaluation of China national debt. The return of the index is good and the trend of the index is stable.
The wealth index code of China bond - Citic Securities Company Limited(600030) ESG preferred credit bond index is cba24501, the base period is December 31, 2016, and the base point value is 100, excluding the sub index of repayment period. In principle, the index component bonds are adjusted regularly once a month (see Annex 1 for the description of index preparation). As of December 31, 2021, the number of component bonds of China bond - Citic Securities Company Limited(600030) ESG preferred credit bond index is 871, the total market value of the index is 1341.505 billion yuan, the average duration is 2.32, the average yield to maturity is 3.10%, the average waiting period is 2.99 years, the average dividend payout rate is 3.58%, the annualized return of the index since the base period is 4.41%, the annualized volatility is 1.68%, and the maximum pullback is 2.31%.
