怎樣看待本輪轉(zhuǎn)債“殺估值”行情

1、1、 轉(zhuǎn)債“殺估值”行情的回顧與展望表 1：評(píng)級(jí)以上風(fēng)向標(biāo)轉(zhuǎn)債估值表日期AAAAA+AAAA-A+2022/02/11124.89128.08129.07129.94130.222022/02/14121.54123.97125.12125.78126.062022/02/15119.22120.27122.28122.82123.032022/02/16119.87121.78122.79123.30123.522022/02/17120.51122.03123.01123.42123.602022/02/18121.07122.63123.81124.31124.39wind，2 月 14

2、 日和 2 月 15 日，轉(zhuǎn)債市場(chǎng)連續(xù)兩天估值急速下跌，風(fēng)向標(biāo)轉(zhuǎn)債市場(chǎng)估值指數(shù)由 2 月 11 日的 130.22 下跌到了 2 月 15 日的 123.03。本輪下跌行情，市場(chǎng)主要認(rèn)為有以下幾個(gè)重要的原因：1. 社融超預(yù)期導(dǎo)致股債雙殺，所以轉(zhuǎn)債受影響最大；2. 近期偏股型轉(zhuǎn)債調(diào)整，導(dǎo)致固收+類基金贖回或主動(dòng)調(diào)倉(cāng)，給轉(zhuǎn)債市場(chǎng)帶來(lái)了壓力；3. 轉(zhuǎn)債估值過(guò)高，投資者不看好轉(zhuǎn)債維持高估值，一直有調(diào)整的壓力。1.1 、 機(jī)構(gòu)重倉(cāng)轉(zhuǎn)債有怎樣的表現(xiàn)社融超預(yù)期直接導(dǎo)致轉(zhuǎn)債下跌的邏輯我們無(wú)法驗(yàn)證，而基金是否有贖回或主動(dòng)調(diào)倉(cāng)則可以通過(guò)一些現(xiàn)象來(lái)觀察和判斷。我們認(rèn)為，如果基金有贖回或者調(diào)倉(cāng)，那么機(jī)構(gòu)重倉(cāng)的轉(zhuǎn)債受到

3、的影響會(huì)更加明顯，它能夠告訴我們一些信息。有兩種方法可以被用來(lái)定義機(jī)構(gòu)重倉(cāng)轉(zhuǎn)債：1. 機(jī)構(gòu)持有轉(zhuǎn)債市值的絕對(duì)值最大的轉(zhuǎn)債2. 機(jī)構(gòu)持有轉(zhuǎn)債市值的在未轉(zhuǎn)股余額中占比最大的轉(zhuǎn)債我們這里用第二種方法，機(jī)構(gòu)持倉(cāng)在余額中占比高，代表著機(jī)構(gòu)擁有這只轉(zhuǎn)債的定價(jià)權(quán)。我們把轉(zhuǎn)債市值的在未轉(zhuǎn)股余額中占比最大前 50 名的轉(zhuǎn)債認(rèn)為是機(jī)構(gòu)重倉(cāng)轉(zhuǎn)債，我們將通過(guò)風(fēng)向標(biāo)收益歸因法對(duì)正股和估值上的收益進(jìn)行拆解。表 2：重倉(cāng)轉(zhuǎn)債與非重倉(cāng)轉(zhuǎn)債的風(fēng)向標(biāo)歸因（2 月 14 日均值）重倉(cāng)債分組股票帶來(lái)的收益估值帶來(lái)的收益轉(zhuǎn)債收益重倉(cāng)債-0.90-3.45-4.34非重倉(cāng)債-0.13-2.79-2.92wind，我們發(fā)現(xiàn)，在 2 月 1

4、4 日機(jī)構(gòu)重倉(cāng)持有的轉(zhuǎn)債在總的平均跌幅上要更大，單從估值維度來(lái)看，重倉(cāng)轉(zhuǎn)債在估值上也下跌更多。表 3：重倉(cāng)轉(zhuǎn)債與非重倉(cāng)轉(zhuǎn)債的風(fēng)向標(biāo)歸因（2 月 15 日均值）重倉(cāng)債分組股票帶來(lái)的收益估值帶來(lái)的收益轉(zhuǎn)債收益重倉(cāng)債1.37 -2.22-0.85非重倉(cāng)債0.26 -1.93-1.67wind，而在 2 月 15 日，雖然機(jī)構(gòu)重倉(cāng)持有的轉(zhuǎn)債在總的平均收益上要更高，但從估值維度來(lái)看，重倉(cāng)轉(zhuǎn)債在估值上也下跌更多。機(jī)構(gòu)重倉(cāng)轉(zhuǎn)債相對(duì)非機(jī)構(gòu)重倉(cāng)，在此輪下跌中估值上受到的影響更大，我們認(rèn)為很有可能機(jī)構(gòu)在本輪殺估值行情中起到了推波助瀾的作用。1.2 、 怎樣的轉(zhuǎn)債跌幅更小？評(píng)級(jí)股票帶來(lái)的收益估值帶來(lái)的收益區(qū)間收益A

5、AA-0.97-2.84-3.81AA+-0.65-4.84-5.48AA0.34 -5.15-4.81AA-0.66 -4.90-4.24A+0.86 -4.62-3.76我們嘗試對(duì)不同評(píng)級(jí)、不同板塊的轉(zhuǎn)債做風(fēng)向標(biāo)收益歸因。表 4：不同評(píng)級(jí)轉(zhuǎn)債的風(fēng)向標(biāo)歸因（2/11-2/15）wind，我們發(fā)現(xiàn)，AAA 評(píng)級(jí)的轉(zhuǎn)債在本輪下跌中，“殺估值”效應(yīng)相對(duì)較弱，整體的跌幅也相對(duì)其他轉(zhuǎn)債較小。表 5：偏股、平衡、偏債轉(zhuǎn)債的風(fēng)向標(biāo)歸因（2/11-2/15）轉(zhuǎn)債類型股票帶來(lái)的收益估值帶來(lái)的收益區(qū)間收益偏債0.03 -3.45-3.43平衡0.04 -4.87-4.83偏股0.72 -5.54-4.82win

6、d，本輪下跌行情中，偏股型轉(zhuǎn)債的“殺估值”效應(yīng)最為明顯，偏債型轉(zhuǎn)債估值上跌幅更小，絕對(duì)收益也好于平衡和偏股型轉(zhuǎn)債，顯示偏債型轉(zhuǎn)債的抗跌特性。1.3 、 下跌行情之后如何參與反彈行情？表 6：歷史上幾次轉(zhuǎn)債回撤之后各組合一個(gè)月漲幅wind，我們整理了最近幾年轉(zhuǎn)債市場(chǎng)出現(xiàn)大幅下跌之后 1 個(gè)月的各轉(zhuǎn)債組合表現(xiàn)，發(fā)現(xiàn)許多組合都出現(xiàn)了大幅反彈，其中風(fēng)向標(biāo)組合、機(jī)構(gòu)定價(jià)權(quán)組合平均來(lái)看收益較高，在幾次反彈行情中表現(xiàn)也比較穩(wěn)定。而偏債型組合或者低價(jià)組合，雖然在回撤區(qū)間相對(duì)抗跌，但是在反彈行情上漲幅度也較小。2、 市場(chǎng)數(shù)據(jù)表 7：近日轉(zhuǎn)債日成交金額以及成交量數(shù)據(jù)日期成交金額(億元)債券余額(億元)成交量(億)

7、2022/02/07460.287426.24293.932022/02/08598.397420.04383.612022/02/09696.197417.15430.002022/02/10630.377412.84394.262022/02/11553.277412.84331.472022/02/14579.927397.28378.882022/02/15626.117387.43423.782022/02/16526.357372.09353.792022/02/17619.077432.40381.912022/02/18587.667431.28374.63wind，圖 1：近

8、日轉(zhuǎn)債日成交金額wind，表 8：近日轉(zhuǎn)債市場(chǎng)價(jià)格數(shù)量分布日期9090-100100-110110-120120-130130-140140-1501502022/02/070021901055631852022/02/080018821126032842022/02/090016711156338852022/02/100015731165841852022/02/110015851096730822022/02/1400231131135216712022/02/150334128994514662022/02/1602281261034616682022/02/1702271359742

9、19682022/02/180126121101482172wind，圖 2：近日轉(zhuǎn)債市場(chǎng)價(jià)格分布wind，表 9：風(fēng)向標(biāo)轉(zhuǎn)債估值表日期AAAAA+AAAA-A+2022/02/11124.89128.08129.07129.94130.222022/02/14121.54123.97125.12125.78126.062022/02/15119.22120.27122.28122.82123.032022/02/16119.87121.78122.79123.30123.522022/02/17120.51122.03123.01123.42123.602022/02/18121.07122

10、.63123.81124.31124.39wind，圖 3：風(fēng)向標(biāo)轉(zhuǎn)債估值變化圖wind，3、 轉(zhuǎn)債組合跟蹤表 10：轉(zhuǎn)債組合收益跟蹤wind，圖 4：低溢價(jià)率組合圖 5：雙低組合wind，wind，圖 6：風(fēng)向標(biāo)組合圖 7：風(fēng)向標(biāo)+動(dòng)量組合wind，wind，圖 8：偏股型組合圖 9：平衡型組合wind，wind，圖 10：偏債型組合圖 11：低價(jià)組合wind，wind，圖 12：大科技轉(zhuǎn)債組合圖 13：周期轉(zhuǎn)債組合wind，wind，圖 14：大金融轉(zhuǎn)債組合圖 15：消費(fèi)轉(zhuǎn)債組合wind，wind，4、 新發(fā)轉(zhuǎn)債表 11：新發(fā)轉(zhuǎn)債情況跟蹤代碼名稱類型發(fā)行規(guī)模(億元)方案進(jìn)展進(jìn)展公告日603

11、186華正新材可轉(zhuǎn)債5.72022-02-22 上市2022-02-22002989中天精裝可轉(zhuǎn)債5.772022-02-22 申購(gòu)2022-02-22603585蘇利股份可轉(zhuǎn)債9.572022-02-16 申購(gòu)2022-02-16002381雙箭股份可轉(zhuǎn)債5.142022-02-11 申購(gòu)2022-02-11300763錦浪科技可轉(zhuǎn)債8.972022-02-10 申購(gòu)2022-02-10688116天奈科技可轉(zhuǎn)債8.32022-01-27 申購(gòu)2022-01-27002988豪美新材可轉(zhuǎn)債8.242022-01-24 申購(gòu)2022-01-24603283賽騰股份可轉(zhuǎn)債3.03證監(jiān)會(huì)核準(zhǔn)/同意

12、注冊(cè)2021-03-09300808久量股份可轉(zhuǎn)債4.38證監(jiān)會(huì)核準(zhǔn)/同意注冊(cè)2021-05-10002982湘佳股份可轉(zhuǎn)債6.4證監(jiān)會(huì)核準(zhǔn)/同意注冊(cè)2021-06-04603058永吉股份可轉(zhuǎn)債1.5證監(jiān)會(huì)核準(zhǔn)/同意注冊(cè)2021-08-03002234民和股份可轉(zhuǎn)債5.4證監(jiān)會(huì)核準(zhǔn)/同意注冊(cè)2021-09-14002864盤龍藥業(yè)可轉(zhuǎn)債2.76證監(jiān)會(huì)核準(zhǔn)/同意注冊(cè)2021-10-28603185上機(jī)數(shù)控可轉(zhuǎn)債24.7證監(jiān)會(huì)核準(zhǔn)/同意注冊(cè)2021-11-06605166聚合順可轉(zhuǎn)債4.45證監(jiān)會(huì)核準(zhǔn)/同意注冊(cè)2021-12-02300556絲路視覺(jué)可轉(zhuǎn)債2.4證監(jiān)會(huì)核準(zhǔn)/同意注冊(cè)2021-12

13、-11300843勝藍(lán)股份可轉(zhuǎn)債3.3證監(jiān)會(huì)核準(zhǔn)/同意注冊(cè)2021-12-24600438通威股份可轉(zhuǎn)債120.0證監(jiān)會(huì)核準(zhǔn)/同意注冊(cè)2021-12-24002753永東股份可轉(zhuǎn)債3.8證監(jiān)會(huì)核準(zhǔn)/同意注冊(cè)2021-12-24603466風(fēng)語(yǔ)筑可轉(zhuǎn)債6.0證監(jiān)會(huì)核準(zhǔn)/同意注冊(cè)2021-12-24601838成都銀行可轉(zhuǎn)債80.0證監(jiān)會(huì)核準(zhǔn)/同意注冊(cè)2021-12-28688030山石網(wǎng)科可轉(zhuǎn)債5.47證監(jiān)會(huì)核準(zhǔn)/同意注冊(cè)2021-12-30000708中信特鋼可轉(zhuǎn)債50.0證監(jiān)會(huì)核準(zhǔn)/同意注冊(cè)2021-12-31300743天地?cái)?shù)碼可轉(zhuǎn)債1.72證監(jiān)會(huì)核準(zhǔn)/同意注冊(cè)2022-01-016004

14、96精工鋼構(gòu)可轉(zhuǎn)債20.0證監(jiān)會(huì)核準(zhǔn)/同意注冊(cè)2022-01-05300283溫州宏豐可轉(zhuǎn)債3.5證監(jiān)會(huì)核準(zhǔn)/同意注冊(cè)2022-01-15300692中環(huán)環(huán)?？赊D(zhuǎn)債8.64證監(jiān)會(huì)核準(zhǔn)/同意注冊(cè)2022-01-17601330綠色動(dòng)力可轉(zhuǎn)債23.9證監(jiān)會(huì)核準(zhǔn)/同意注冊(cè)2022-01-25688179阿拉丁可轉(zhuǎn)債4.01證監(jiān)會(huì)核準(zhǔn)/同意注冊(cè)2022-01-27603799華友鈷業(yè)可轉(zhuǎn)債76.0證監(jiān)會(huì)核準(zhǔn)/同意注冊(cè)2022-02-08300811鉑科新材可轉(zhuǎn)債4.3證監(jiān)會(huì)核準(zhǔn)/同意注冊(cè)2022-02-10002422科倫藥業(yè)可轉(zhuǎn)債30.0證監(jiān)會(huì)核準(zhǔn)/同意注冊(cè)2022-02-11605068明新旭騰可

15、轉(zhuǎn)債6.8證監(jiān)會(huì)核準(zhǔn)/同意注冊(cè)2022-02-18601686友發(fā)集團(tuán)可轉(zhuǎn)債20.0證監(jiān)會(huì)核準(zhǔn)/同意注冊(cè)2022-02-18wind，5、 條款跟蹤5.1 、 贖回條款表 12：強(qiáng)贖條框觸發(fā)情況跟蹤轉(zhuǎn)債代碼轉(zhuǎn)債簡(jiǎn)稱贖回條款贖回起始日觸發(fā)進(jìn)度進(jìn)度條113568.SH新春轉(zhuǎn)債15/30,1302020/09/1415/22100.00 123027.SZ藍(lán)曉轉(zhuǎn)債15/30,1302019/12/1715/26100.00 113576.SH起步轉(zhuǎn)債15/30,1302020/10/1624/30100.00 113575.SH東時(shí)轉(zhuǎn)債15/30,1302020/10/1530/30100.00 1

16、28095.SZ恩捷轉(zhuǎn)債15/30,1302020/08/1715/20100.00 128096.SZ奧瑞轉(zhuǎn)債15/30,1302020/08/1715/25100.00 128097.SZ奧佳轉(zhuǎn)債15/30,1302020/09/0230/30100.00 127038.SZ國(guó)微轉(zhuǎn)債15/30,1302021/12/1730/30100.00 123018.SZ溢利轉(zhuǎn)債15/30,1302019/06/2615/15100.00 128101.SZ聯(lián)創(chuàng)轉(zhuǎn)債15/30,1302020/09/2115/18100.00 128103.SZ同德轉(zhuǎn)債15/30,1302020/10/0915/25

17、100.00 123022.SZ長(zhǎng)信轉(zhuǎn)債15/30,1302019/09/2330/30100.00 128106.SZ華統(tǒng)轉(zhuǎn)債15/30,1302020/10/1615/15100.00 128017.SZ金禾轉(zhuǎn)債15/30,1302018/08/0715/15100.00 113550.SH常汽轉(zhuǎn)債15/30,1302020/05/2215/28100.00 113548.SH石英轉(zhuǎn)債15/30,1302020/05/0630/30100.00 128108.SZ藍(lán)帆轉(zhuǎn)債15/30,1302020/12/0315/20100.00 113545.SH金能轉(zhuǎn)債15/30,1302020/04

18、/2015/15100.00 128109.SZ楚江轉(zhuǎn)債15/30,1302020/12/1015/15100.00 113541.SH榮晟轉(zhuǎn)債15/30,1302020/02/0315/21100.00 113537.SH文燦轉(zhuǎn)債15/30,1302019/12/1615/19100.00 128111.SZ中礦轉(zhuǎn)債15/30,1302020/12/1730/30100.00 113534.SH鼎勝轉(zhuǎn)債15/30,1302019/10/1615/17100.00 128113.SZ比音轉(zhuǎn)債15/30,1302020/12/2115/30100.00 123024.SZ岱勒轉(zhuǎn)債15/30,13

19、02019/09/2715/16100.00 113527.SH維格轉(zhuǎn)債15/30,1302019/07/3015/15100.00 113526.SH聯(lián)泰轉(zhuǎn)債15/30,1302019/07/2915/30100.00 118000.SH嘉元轉(zhuǎn)債15/30,1302021/09/0130/30100.00 123098.SZ一品轉(zhuǎn)債15/30,1302021/08/0329/30100.00 113577.SH春秋轉(zhuǎn)債15/30,1302020/10/2015/30100.00 128094.SZ星帥轉(zhuǎn)債15/30,1302020/07/2215/15100.00 128036.SZ金農(nóng)轉(zhuǎn)債

20、15/30,1302018/09/1715/15100.00 123012.SZ萬(wàn)順轉(zhuǎn)債15/30,1302019/01/2815/20100.00 123078.SZ飛凱轉(zhuǎn)債15/30,1202021/06/0315/24100.00 128053.SZ尚榮轉(zhuǎn)債15/30,1302019/08/2115/18100.00128046.SZ利爾轉(zhuǎn)債20/30,1302019/04/2320/23100.00113621.SH彤程轉(zhuǎn)債15/30,1302021/08/0230/30100.00123083.SZ朗新轉(zhuǎn)債15/30,1302021/06/1515/23100.00 123084.S

21、Z高瀾轉(zhuǎn)債15/30,1302021/06/1615/15100.00 113616.SH韋爾轉(zhuǎn)債15/30,1302021/07/0526/30100.00 113615.SH金誠(chéng)轉(zhuǎn)債15/30,1302021/06/2930/30100.00 123085.SZ萬(wàn)順轉(zhuǎn) 215/30,1302021/06/1715/23100.00 123086.SZ海蘭轉(zhuǎn)債15/30,1302021/06/1715/16100.00 123002.SZ國(guó)禎轉(zhuǎn)債15/30,1302018/05/3015/30100.00 128041.SZ盛路轉(zhuǎn)債15/30,1302019/01/2315/30100.00

22、 128074.SZ游族轉(zhuǎn)債15/30,1302020/03/2715/15100.00 113582.SH火炬轉(zhuǎn)債15/30,1302020/12/0230/30100.00 128075.SZ遠(yuǎn)東轉(zhuǎn)債15/30,1302020/03/2715/26100.00 123089.SZ九洲轉(zhuǎn) 215/30,1302021/06/2521/21100.00 113600.SH新星轉(zhuǎn)債15/30,1302021/02/1915/21100.00 128078.SZ太極轉(zhuǎn)債15/30,1302020/04/2715/25100.00 128079.SZ英聯(lián)轉(zhuǎn)債15/30,1302020/04/2715

23、/30100.00 128082.SZ華鋒轉(zhuǎn)債15/30,1302020/06/1015/15100.00 128085.SZ鴻達(dá)轉(zhuǎn)債15/30,1302020/06/2215/15100.00 123073.SZ同和轉(zhuǎn)債20/30,1302021/05/0620/20100.00 123092.SZ天壕轉(zhuǎn)債15/30,1302021/06/3015/24100.00 128091.SZ新天轉(zhuǎn)債15/30,1302020/07/0615/15100.00 113585.SH壽仙轉(zhuǎn)債15/30,1302020/12/1515/27100.00 128093.SZ百川轉(zhuǎn)債20/30,1302020

24、/07/0920/27100.00 123025.SZ精測(cè)轉(zhuǎn)債15/30,1302019/10/0815/20100.00 113525.SH臺(tái)華轉(zhuǎn)債15/30,1302019/06/2115/15100.00 123029.SZ英科轉(zhuǎn)債15/30,1302020/02/2430/30100.00 123060.SZ蘇試轉(zhuǎn)債15/30,1302021/01/2715/18100.00 113504.SH艾華轉(zhuǎn)債15/30,1302018/09/1015/27100.00 128030.SZ天康轉(zhuǎn)債15/30,1302018/06/2827/30100.00 123050.SZ聚飛轉(zhuǎn)債15/30

25、,1302020/10/2015/15100.00 110074.SH精達(dá)轉(zhuǎn)債15/30,1302021/02/2515/17100.00 128140.SZ潤(rùn)建轉(zhuǎn)債15/30,1302021/06/1515/15100.00 123052.SZ飛鹿轉(zhuǎn)債15/30,1302020/12/1115/15100.00 123054.SZ思特轉(zhuǎn)債15/30,1302020/12/1615/15100.00 128029.SZ太陽(yáng)轉(zhuǎn)債15/30,1302018/06/2815/15100.00 123057.SZ美聯(lián)轉(zhuǎn)債15/30,1302021/01/0715/17100.00 128145.SZ日

26、豐轉(zhuǎn)債15/30,1302021/09/2715/28100.00 110066.SH盛屯轉(zhuǎn)債15/30,1302020/09/0715/15100.00 123067.SZ斯萊轉(zhuǎn)債15/30,1302021/03/2315/15100.00 110061.SH川投轉(zhuǎn)債15/30,1302020/05/1515/15100.00 123046.SZ天鐵轉(zhuǎn)債15/30,1302020/09/2530/30100.00 110060.SH天路轉(zhuǎn)債15/30,1302020/05/0615/15100.00 127004.SZ模塑轉(zhuǎn)債20/30,1302017/12/0820/20100.00132

27、014.SH18 中化EB15/30,1302019/04/2515/21100.00128021.SZ兄弟轉(zhuǎn)債20/30,1302018/06/0420/25100.00127015.SZ希望轉(zhuǎn)債15/30,1302020/07/0930/30100.00 110055.SH伊力轉(zhuǎn)債15/30,1302019/09/2315/15100.00 132017.SH19 新鋼EB15/30,1302020/04/2215/22100.00 132018.SHG 三峽 EB115/30,1202020/04/1315/17100.00 110048.SH福能轉(zhuǎn)債15/30,1302019/06/1

28、415/19100.00 127007.SZ湖廣轉(zhuǎn)債15/30,1302019/01/0415/22100.00 127011.SZ中鼎轉(zhuǎn) 215/30,1302019/09/1615/27100.00 110044.SH廣電轉(zhuǎn)債15/30,1302019/01/0323/30100.00 128137.SZ潔美轉(zhuǎn)債15/30,1302021/05/1015/18100.00 123048.SZ應(yīng)急轉(zhuǎn)債15/30,1302020/10/1616/30100.00 123070.SZ鵬輝轉(zhuǎn)債20/30,1302021/04/2620/20100.00 123071.SZ天能轉(zhuǎn)債15/30,130

29、2021/04/2715/19100.00 123103.SZ震安轉(zhuǎn)債15/30,1302021/09/2230/30100.00 113051.SH節(jié)能轉(zhuǎn)債15/30,1302021/12/2726/30100.00 123031.SZ晶瑞轉(zhuǎn)債15/30,1302020/03/0530/30100.00 123034.SZ通光轉(zhuǎn)債15/30,1302020/05/0826/30100.00 113048.SH晶科轉(zhuǎn)債15/30,1302021/10/2930/30100.00 113047.SH旗濱轉(zhuǎn)債15/30,1302021/10/1515/20100.00 123035.SZ利德轉(zhuǎn)債1

30、5/30,1302020/05/2015/15100.00 127030.SZ盛虹轉(zhuǎn)債15/30,1302021/09/2730/30100.00 127029.SZ中鋼轉(zhuǎn)債15/30,1302021/09/2715/30100.00 123109.SZ昌紅轉(zhuǎn)債15/30,1302021/10/0815/21100.00 128128.SZ齊翔轉(zhuǎn) 215/30,1302021/02/2615/18100.00 113039.SH嘉澤轉(zhuǎn)債15/30,1302021/03/0115/15100.00 123038.SZ聯(lián)得轉(zhuǎn)債15/30,1302020/07/0115/22100.00 12304

31、4.SZ紅相轉(zhuǎn)債15/30,1302020/09/1828/30100.00 113626.SH伯特轉(zhuǎn)債15/30,1302022/01/0528/28100.00 123111.SZ東財(cái)轉(zhuǎn) 315/30,1302021/10/1330/30100.00 123042.SZ銀河轉(zhuǎn)債15/30,1302020/07/2015/15100.00 123043.SZ正元轉(zhuǎn)債15/30,1302020/09/1115/15100.00 113027.SH華鈺轉(zhuǎn)債15/30,1302019/12/2015/23100.00 123114.SZ三角轉(zhuǎn)債20/30,1302021/11/3029/30100

32、.00 113026.SH核能轉(zhuǎn)債15/30,1302019/10/2115/22100.00 113016.SH小康轉(zhuǎn)債15/30,1302018/05/1115/19100.00 113025.SH明泰轉(zhuǎn)債15/30,1302019/10/1615/24100.00 123112.SZ萬(wàn)訊轉(zhuǎn)債15/30,1302021/10/1415/20100.00 113591.SH勝達(dá)轉(zhuǎn)債15/30,1302021/01/0813/3086.67123075.SZ貝斯轉(zhuǎn)債15/30,1302021/05/0610/3066.67127040.SZ國(guó)泰轉(zhuǎn)債15/30,1302022/01/139/2260.00113620.SH傲農(nóng)轉(zhuǎn)債15/30,1302021/09/168/3053.33113549.SH白電轉(zhuǎn)債15/30,1302020/05/218/3053.33128025.SZ特一轉(zhuǎn)債15/30,1302018/06/125/3033.33113017.SH吉視轉(zhuǎn)債15/30,1302018/07/025/3033.33113030.SH東風(fēng)轉(zhuǎn)債15/30,1302020/06/305/3033.33128044.SZ嶺南轉(zhuǎn)