Amortized cost bond funds have relatively rigid demand, and over 200 billion yuan of allocation funds are expected to be deployed.

Last week, 15 first-batch amortized cost bond funds were just approved, and as of September 19, 7 products have already been scheduled for issuance. Public information shows that the annual management fee rate for all 7 products is 0.15%, and the custody fee is 0.05%. Based on an estimated upper limit of RMB 8 billion for fundraising, the first batch of 15 products is expected to bring in RMB 120 billion in funds.