The second batch of sci-tech innovation bond ETFs has become an "intra-day meal" for institutions

On September 24th, the second batch of 14 Sci-Tech Innovation Bond ETFs was collectively listed. Among them, Huatai-PB CSI AAA Sci-Tech Innovation Bond ETF had a trading volume exceeding 15 billion yuan, ranking first; Guotai CSI AAA Sci-Tech Innovation Corporate Bond ETF followed closely, with a trading volume also above 11 billion yuan. According to real-time subscription and redemption information and closing price estimates from Wind data, the net subscription amount for ICBC CSI AAA Sci-Tech Innovation Corporate Bond ETF on its first day of listing exceeded 8.5 billion yuan, while the net subscription amount for Yinhua CSI AAA Sci-Tech Innovation Corporate Bond ETF was also above 7.2 billion yuan. It is worth noting that the second batch of Sci-Tech Innovation Bond ETFs attracted significant allocations from institutions such as banks, wealth management, and insurance during the initial phase, with both Industrial Bank and China Merchants Bank's subscription scale reaching the level of 3 billion units, and Taikang Life also subscribing for 2 billion units. The recent significant development of domestic bond ETFs is inseparable from the recognition and favor of institutional funds. According to the 2025 semi-annual report, various types of institutional funds, including pensions, insurance, trusts, corporate annuities, and wealth management, have appeared in the top ten holders of bond ETFs. Industry insiders expect that bond ETFs can effectively meet the needs of institutions for bond trading tools, and the market scale and product quantity are expected to gradually expand