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后，资金面延续转松的态势，对输入型通胀的担忧被市场逐步消化，叠加4月初公布的3月社融数据相对偏弱，债市开始走强，长端利率出现一波明显的下行行情。到4月下旬，首批超长期特别国债发行落地后，止盈情绪升温，叠加央行MLF缩量引发资金面担忧，收益率又出现小幅回调上行。5月上旬后，央行大规模缩量续作买断式逆回购，隔夜资金维持低位，随后公布的各项经济数据不及预期，债市做多情绪提振，10年国债收益率快速下行，国开与国债品种利差明显压缩。5月下旬央行增量续作MLF，同时加大逆回购投放呵护跨月流动性，中长端利率债品种表现偏强。6月初开始，央行公开市场操作转为零投放，大行净融出规模大幅下降，资金价格显著抬升，叠加机构止盈诉求，债市利率再次出现回调上行，中短端上行幅度大于长端。6月中旬之后，在跨季压力下，资金价格相对前期位置较高，债市总体相对承压，由于超长债供给相对较少，以及期限利差处于相对高位，长端和超长端利率在季末有小幅企稳修复。　　本报告期内，本基金主要配置中短久期、信用风险可控的信用债券，包括中高流动性的金融机构债券。本季度组合的杠杆水平总体略偏低，组合久期在中性水平附近小幅调整，持续维持对中短久期信用债的重点配置。　　展望2026年三季度，国内经济、融资需求和流动性变化将成为影响债市的主要因素。伴随政府债发行进度加快、基建配套资金到位提速，预计经济增速总体保持稳健；但是制造业结构分化、消费和地产的回升节奏仍存在潜在预期差。当前中东地缘冲突出现缓和，国际油价明显下行，后续PPI增速或呈现见顶回落态势。考虑到能繁母猪存栏已开始去化，猪价有望触底，预计CPI维持平稳，国内通胀环境总体较为温和。政策方面，三季度财政支出有望加快，加力提效以托底基建，央行持续完善短端利率调控机制，利率走廊进一步精细化，预计资金面有望从极度宽松转向均衡，阶段性波动增大。对于债券市场，我们认为三季度或呈现震荡的态势。　　操作方面，本组合将以流动性为重，继续以中短久期信用债作为底仓，采取票息和流动性兼顾的思路。根据对宏观经济、货币政策的判断，结合组合负债端的变化，适度调整组合久期和杠杆，在提升收益空间的同时，维持组合的流动性充足。","lastUpdated":"2026-07-20T08:04:37.288Z","fund":{"_id":3000000017432,"stockCode":"017432","shortName":"交银稳安60天滚动持有债券A","fundSecondLevel":"bond","stockType":"fund","areaCode":"cn","market":"a","tickerId":17432,"currency":"CNY","lastUpdated":"2026-08-27T13:15:17.228Z","status":"normal","exchange":"jj","fundCollectionId":4000050480000,"name":"交银施罗德稳安60天滚动持有债券型证券投资基金","inceptionDate":"2023-01-08T16:00:00.000Z","setUpDate":"2023-01-08T16:00:00.000Z","setUpAssetScale":472936.14,"setUpShares":472936.14,"pinyin":"jysldwa60tgdcyzqxzqtzjj","followedNum":1,"masterFundShortName":"交银稳安60天滚动持有债券","__csrcFundId":12092,"managers":[{"stockCode":"db20880222","stockType":"fund_manager","exchange":"fm","tickerId":1010227930,"name":"姬静"},{"stockCode":"db20346660","stockType":"fund_manager","exchange":"fm","tickerId":82510157170,"name":"黄莹洁"}]},"announcement":{"linkText":"交银施罗德稳安60天滚动持有债券型证券投资基金2026年第2季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1526811","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69e7d58b6201787ae129f3ea","date":"2026-03-30T16:00:00.000Z","declarationDate":"2026-04-20T16:00:00.000Z","stockId":3000000017432,"sao":"本报告期内，债市收益率窄幅震荡，短端利率显著下行，期限利差有所走阔。1月初权益强势上涨，股债跷跷板效应压制债市做多情绪，10年国债收益率最高上至1.90%。而后债市配置力量转强、央行宣布结构性货币政策工具降息25BP、叠加权益市场边际降温，10年期国债收益率转为下行，修复月初的跌幅。2月初中东地缘局势紧张，国内PMI超预期走弱，债市情绪略有提振。临近春节央行重启14天逆回购，月中隔夜资金价格下降明显，叠加银行高息存款到期后负债成本下降，带动了10年国债收益率显著下行。春节后，受春节假期出行偏强、权益市场表现较好、上海公布楼市新政等因素影响，长端利率品种表现偏弱。进入3月，全国两会落地，各项经济数据披露，债市延续震荡。随后全球地缘冲突升级推高油价，受到通胀预期抬高的压制，债市长端震荡偏弱，而短端利率债受益于流动性宽松和银行同业监管加强导致负债成本下降的影响，机构需求较好，带动各类短端品种的收益率下行，对应收益率曲线呈现出明显的走陡趋势。　　本报告期内，本基金主要配置中短久期、信用风险可控的信用债券，包括中高流动性的金融机构债券。本季度组合的杠杆水平总体略偏低，组合久期在中性水平附近小幅调整，持续维持对中短久期信用债的重点配置。　　展望2026年，中东地缘局势和国内通胀环境或将成为影响债市的主要因素。伴随基建投资持续发力、地产销售边际企稳，叠加消费补贴带动社零中枢修复，预计经济增速总体保持稳健，但消费和地产的反弹力度、高油价导致海外需求回落仍是潜在预期差。当前中东地缘冲突持续升级，国际油价明显上涨，后续PPI增速或由负转正，呈现逐步回升态势，考虑生猪产能充裕，食品上涨动能偏弱，预计CPI温和上行，后续关注输入性通胀压力。政策方面，年初财政积极发力，二季度财政支出有望加快，加力提效以托底基建，央行多次表态货币政策有足够空间，将灵活高效运用降准降息等工具，预计资金面有望延续均衡，但是阶段性波动可能增大。对于债券市场，我们认为二季度或呈现震荡的态势。　　组合操作方面，组合将以流动性为重，继续以中短久期信用债作为底仓，采取票息和流动性兼顾的思路。根据对宏观经济、货币政策的判断，结合组合负债端的变化，适度调整组合久期和杠杆，在提升收益空间的同时，维持组合的流动性充足。","lastUpdated":"2026-04-21T19:52:43.370Z","fund":{"_id":3000000017432,"stockCode":"017432","shortName":"交银稳安60天滚动持有债券A","fundSecondLevel":"bond","stockType":"fund","areaCode":"cn","market":"a","tickerId":17432,"currency":"CNY","lastUpdated":"2026-08-27T13:15:17.228Z","status":"normal","exchange":"jj","fundCollectionId":4000050480000,"name":"交银施罗德稳安60天滚动持有债券型证券投资基金","inceptionDate":"2023-01-08T16:00:00.000Z","setUpDate":"2023-01-08T16:00:00.000Z","setUpAssetScale":472936.14,"setUpShares":472936.14,"pinyin":"jysldwa60tgdcyzqxzqtzjj","followedNum":1,"masterFundShortName":"交银稳安60天滚动持有债券","__csrcFundId":12092,"managers":[{"stockCode":"db20880222","stockType":"fund_manager","exchange":"fm","tickerId":1010227930,"name":"姬静"},{"stockCode":"db20346660","stockType":"fund_manager","exchange":"fm","tickerId":82510157170,"name":"黄莹洁"}]},"announcement":{"linkText":"交银施罗德稳安60天滚动持有债券型证券投资基金2026年第1季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1470475","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69c7703469b11a867413e142","date":"2025-12-30T16:00:00.000Z","declarationDate":"2026-03-27T16:00:00.000Z","stockId":3000000017432,"sao":"本报告期内，债市收益率总体上行，收益率曲线呈现熊陡走势。具体来看，上半年收益率宽幅震荡，10年国债收益率在1月下破1.60%，创历史新低，此后利率在2月到3月中旬走高，3月底到4月初再次下行后转为震荡；进入下半年，收益率曲线出现明显的熊陡趋势，三季度债市收益率在通胀预期抬升、市场风险偏好提升的影响之下持续上行，10月市场小幅修复，11月中下旬开始，市场对于供需格局的担忧加剧，收益率曲线又继续走出熊陡态势。货币政策方面，全年实现降准降息一次。具体的，4月开始中美关税成为市场的关注焦点，5月央行宣布降准50BP和同步降息，11月起央行重启国债买卖操作。　　本报告期内，本基金主要配置中短久期、信用风险可控的信用债券，包括高流动性的金融机构债券。本季度组合的杠杆维持中性略偏低的水平，组合久期总体在中性水平，持续维持对短久期信用债的重点配置。","lastUpdated":"2026-03-28T06:07:48.732Z","mo":"展望2026年，作为“十五五”开局之年，国内经济结构转型深化，在外贸韧性犹存，同时不确定性升高的情况下，财政扩张提振内需的重要性更加突出。伴随制造业投资稳定发力、地产拖累边际减弱，叠加消费可能出现温和复苏，预计经济增速将相对稳健。节奏上，明年一季度广义财政前置发力，基建投资和物价周期共振向上，经济有望实现开门红，年中出口增速可能有所收敛，下半年主要依赖政策托底支撑和新动能培育成效。结合扩大内需和积极财政政策的基调，2026年或呈现信用环境平稳、货币政策适度宽松、通胀温和回升的格局。对于债券市场，我们认为国内基本面复苏弹性和政策的发力节奏将成为影响行情的主要因素，当前经济有韧性、政策交易较为充分，市场或延续震荡行情，一季度伴随逆周期政策发力、权益风险偏好抬升，债市或面临一定扰动。预计到下半年，受机构负债成本下行，货币政策可能的宽松加码影响，债市可能会迎来交易性机会。　　组合操作方面，组合将以流动性为重，继续以中短久期信用债作为底仓，采取票息和流动性兼顾的思路。根据对宏观经济、货币政策的判断，结合组合负债端的变化，适度调整组合久期和杠杆，在提升收益空间的同时，维持组合的流动性充足。","fund":{"_id":3000000017432,"stockCode":"017432","shortName":"交银稳安60天滚动持有债券A","fundSecondLevel":"bond","stockType":"fund","areaCode":"cn","market":"a","tickerId":17432,"currency":"CNY","lastUpdated":"2026-08-27T13:15:17.228Z","status":"normal","exchange":"jj","fundCollectionId":4000050480000,"name":"交银施罗德稳安60天滚动持有债券型证券投资基金","inceptionDate":"2023-01-08T16:00:00.000Z","setUpDate":"2023-01-08T16:00:00.000Z","setUpAssetScale":472936.14,"setUpShares":472936.14,"pinyin":"jysldwa60tgdcyzqxzqtzjj","followedNum":1,"masterFundShortName":"交银稳安60天滚动持有债券","__csrcFundId":12092,"managers":[{"stockCode":"db20880222","stockType":"fund_manager","exchange":"fm","tickerId":1010227930,"name":"姬静"},{"stockCode":"db20346660","stockType":"fund_manager","exchange":"fm","tickerId":82510157170,"name":"黄莹洁"}]},"announcement":{"linkText":"交银施罗德稳安60天滚动持有债券型证券投资基金2025年年度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1452560","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aed2417fea5b3eb052afea","date":"2025-09-29T16:00:00.000Z","declarationDate":"2025-10-27T16:00:00.000Z","stockId":3000000017432,"sao":"本报告期内，债市收益率有所上行，期限利差持续走阔。具体来看，7月上旬上证指数突破3500点，下旬受雅鲁藏布江下游水电工程开工、反内卷等政策刺激，商品和权益市场共振上涨，叠加资金面边际收紧，债市情绪转弱，收益率上行。8月，市场风险偏好再度提升，收益率曲线陡峭化上行。9月5日，《公开募集证券投资基金销售费用管理规定(征求意见稿)》发布，通过调整赎回费率抑制短期交易行为，引发市场对资金流动变化的担忧，尽管8月经济数据承压，但是债市情绪延续偏弱。进入9月，央行重启14天期逆回购呵护资金面，叠加权益市场从强势上涨转为高位震荡，债市利率持续震荡上行，30年和10年国债期限利差有所走阔。　　本报告期内，本基金主要配置中短久期、信用风险可控的信用债券，包括高流动性的金融机构债券。本季度，组合的杠杆维持中性略偏低的水平，组合久期总体在中性水平，持续维持对短久期信用债的重点配置。　　展望2025年四季度，国内外经济运行情况和政策应对，以及监管政策进展或将成为影响债市的主要因素。全球经济复苏进程存在差异，贸易摩擦的余波仍在，国内经济有较好韧性，但在结构调整与需求释放上仍面临挑战。补贴拉动消费的持续性有待观察，预计四季度经济增速温和。受基数效应影响，四季度通胀有望温和回升，但食品涨价动能不足，PPI短期受到商品价格的拉动，反内卷政策预期消化后，实际涨幅仍取决于内需，预计年内PPI同比增速大幅上行的概率较低。政策方面，今年中央财政前置发力，需关注四季度是否提前下达部分新增债务限额，靠前使用化债额度，货币政策短期侧重结构性工具，后续总量宽松加码取决于内需修复情况，考虑政策协同配合，央行有概率重启买卖国债操作，预计资金面均衡偏松、流动性保持充裕。对于债券市场，我们认为四季度或呈现震荡的态势。　　组合操作方面，组合将以流动性为重，继续以中短久期信用债作为底仓，采取票息和流动性兼顾的思路。根据对宏观经济、货币政策的判断，结合组合负债端的变化，适度调整组合久期和杠杆，在提升收益空间的同时，维持组合的流动性充足。","lastUpdated":"2026-03-09T13:59:29.305Z","fund":{"_id":3000000017432,"stockCode":"017432","shortName":"交银稳安60天滚动持有债券A","fundSecondLevel":"bond","stockType":"fund","areaCode":"cn","market":"a","tickerId":17432,"currency":"CNY","lastUpdated":"2026-08-27T13:15:17.228Z","status":"normal","exchange":"jj","fundCollectionId":4000050480000,"name":"交银施罗德稳安60天滚动持有债券型证券投资基金","inceptionDate":"2023-01-08T16:00:00.000Z","setUpDate":"2023-01-08T16:00:00.000Z","setUpAssetScale":472936.14,"setUpShares":472936.14,"pinyin":"jysldwa60tgdcyzqxzqtzjj","followedNum":1,"masterFundShortName":"交银稳安60天滚动持有债券","__csrcFundId":12092,"managers":[{"stockCode":"db20880222","stockType":"fund_manager","exchange":"fm","tickerId":1010227930,"name":"姬静"},{"stockCode":"db20346660","stockType":"fund_manager","exchange":"fm","tickerId":82510157170,"name":"黄莹洁"}]},"announcement":{"linkText":"交银施罗德稳安60天滚动持有债券型证券投资基金2025年第3季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1380495","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aed2417fea5b3eb052afe9","date":"2025-06-29T16:00:00.000Z","stockId":3000000017432,"sao":"本报告期内，债市收益率先上后下，利率阶段性突破历史低位。具体来看，其中10年国债收益率在1月下破1.60%，创历史新低，此后利率在2月至3月中旬快速走高，3月底至4月初利率快速下行，之后转为震荡。政策方面，5月央行宣布降准降息，货币政策宽松落地。4月开始，中美关税成为市场的关注焦点，在日内瓦经贸会谈后，中美双方均大幅降低关税至4月9日之前水平，对等关税的24%暂缓90天实施。5月，债市总体震荡偏弱运行。6月上旬，央行提前公告操作买断式逆回购，资金面持续宽松带动收益率曲线小幅牛陡。　　本报告期内，本基金主要配置中短久期、信用风险可控的信用债券，包括高流动性的金融机构债券。本报告期内，组合的杠杆维持中性略偏低的水平，组合久期总体在中性水平，持续维持对短久期信用债的重点配置。","declarationDate":"2025-07-17T16:00:00.000Z","lastUpdated":"2026-03-09T13:59:29.302Z","mo":"展望2025年下半年，国内外经济运行情况和政策应对将成为影响债市的主要因素。美国政府加征关税对全球贸易收缩和经济下行的压力有可能会逐步体现，预计经济增速或将较为温和。考虑地方财政发力提速，以及准财政工具的对冲，经济增长变化幅度可控，增量货币和财政政策应对将成为潜在预期差。政策方面，财政以存量政策加速落地为主，上半年中央财政前置发力，三季度地方债券发行和财政支出有望加快。货币政策短期侧重结构性工具，后续宽松加码取决于内需修复情况，预计资金面均衡偏松、流动性保持充裕。关注政策协同配合，央行仍有概率重启买卖国债操作。另外，临近8月需要关注各主要经济体与美国关税协议推进情况。对于债券市场，我们认为或呈现震荡偏强的态势。　　组合操作方面，组合将以流动性为重，继续以中短久期信用债作为底仓，采取票息和流动性兼顾的思路。根据对宏观经济、货币政策的判断，结合组合负债端的变化，适度调整组合久期和杠杆，在提升收益空间的同时，维持组合的流动性充足。","fund":{"_id":3000000017432,"stockCode":"017432","shortName":"交银稳安60天滚动持有债券A","fundSecondLevel":"bond","stockType":"fund","areaCode":"cn","market":"a","tickerId":17432,"currency":"CNY","lastUpdated":"2026-08-27T13:15:17.228Z","status":"normal","exchange":"jj","fundCollectionId":4000050480000,"name":"交银施罗德稳安60天滚动持有债券型证券投资基金","inceptionDate":"2023-01-08T16:00:00.000Z","setUpDate":"2023-01-08T16:00:00.000Z","setUpAssetScale":472936.14,"setUpShares":472936.14,"pinyin":"jysldwa60tgdcyzqxzqtzjj","followedNum":1,"masterFundShortName":"交银稳安60天滚动持有债券","__csrcFundId":12092,"managers":[{"stockCode":"db20880222","stockType":"fund_manager","exchange":"fm","tickerId":1010227930,"name":"姬静"},{"stockCode":"db20346660","stockType":"fund_manager","exchange":"fm","tickerId":82510157170,"name":"黄莹洁"}]},"announcement":{"linkText":"交银施罗德稳安60天滚动持有债券型证券投资基金2025年中期报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance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升作为货币政策重要考量，预计流动性层面仍偏呵护，在缓解银行息差压力和稳增长诉求下，年内依然存在总量政策宽松的空间。财政政策上，四季度财政或将加力提效来托底基建，后续地方债供给或保持高位，有助于形成更多实物工作量。对于债券市场，我们认为债市收益率在经历了九月底的调整之后，配置价值明显改善，随着央行降息的效果逐步体现，四季度债市或将呈现震荡偏强的态势。　　组合操作方面，组合将以流动性为重，继续以中短久期信用债作为底仓，采取票息和流动性兼顾的思路。根据对宏观经济、货币政策的判断，结合组合负债端的变化，适度调整组合久期和杠杆，在提升收益空间的同时，维持组合的流动性充足。","declarationDate":"2024-10-24T16:00:00.000Z","lastUpdated":"2026-03-09T13:59:29.293Z","fund":{"_id":3000000017432,"stockCode":"017432","shortName":"交银稳安60天滚动持有债券A","fundSecondLevel":"bond","stockType":"fund","areaCode":"cn","market":"a","tickerId":17432,"currency":"CNY","lastUpdated":"2026-08-27T13:15:17.228Z","status":"normal","exchange":"jj","fundCollectionId":4000050480000,"name":"交银施罗德稳安60天滚动持有债券型证券投资基金","inceptionDate":"2023-01-08T16:00:00.000Z","setUpDate":"2023-01-08T16:00:00.000Z","setUpAssetScale":472936.14,"setUpShares":472936.14,"pinyin":"jysldwa60tgdcyzqxzqtzjj","followedNum":1,"masterFundShortName":"交银稳安60天滚动持有债券","__csrcFundId":12092,"managers":[{"stockCode":"db20880222","stockType":"fund_manager","exchange":"fm","tickerId":1010227930,"name":"姬静"},{"stockCode":"db20346660","stockType":"fund_manager","exchange":"fm","tickerId":82510157170,"name":"黄莹洁"}]},"announcement":{"linkText":"交银施罗德稳安60天滚动持有债券型证券投资基金2024年第3季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1176395","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aed2417fea5b3eb052afe5","date":"2024-06-29T16:00:00.000Z","stockId":3000000017432,"sao":"本报告期内，债市收益率大幅下行。节奏上，自春节前后开始，利率水平快速走低，三月初突破历史低点；此后，长端利率在四月先下后上；五月，窄幅波动；六月，重回上涨。具体来看，央行于1月24日超预期宣布降准50BP，2月20日下调5年期LPR利率25bp，幅度均超出此前市场预期，市场快速上涨；三月初，市场开始担忧债券供给压力加大，叠加交易盘盈情绪升温、权益市场修复等因素，现券收益率明显回调；四月下旬开始，央行提示长期国债收益率风险，部分地区楼市政策放松，国债收益率快速上行；进入五月，财政部公布特别国债发行计划，整体节奏较为均匀，供给担忧缓解，收益率总体呈现出震荡下行走势；六月开始，PMI再度回落至收缩区间，经济和金融数据显示内需修复依然偏慢，机构配置需求持续旺盛，收益率重启下行趋势，债市明显上涨，超长债表现亮眼。　　本报告期内，本基金主要配置中短久期、信用风险可控的信用债券，其中高流动性的金融机构债券占比较高，一季度增加了对银行存款的配置比例，期间小幅参与了利率债波段交易；二季度开始适度减少了对利率债、金融机构债券和银行存款的配置比例，降低了杠杆水平，组合久期总体上保持在中性位置。","declarationDate":"2024-07-17T16:00:00.000Z","lastUpdated":"2026-03-09T13:59:29.290Z","mo":"展望2024年下半年，国内基本面修复斜率和政策发力节奏是影响债市的主要因素。考虑出口延续韧性，政府债发行提速拉动基建投资，经济延续回升向好态势，同比增速或保持平稳。但是外部环境更趋严峻复杂，国内新旧动能转换的大背景下，经济仍然面临供需结构不平衡的问题。通胀方面，受基数效应影响，PPI跌幅将持续收窄，年底或小幅转正；当前猪肉价格企稳上涨，但其他商品价格回落形成对冲，预计CPI将维持低位震荡，临近年底小幅回升，国内通胀压力整体可控。政策方面，上半年地方债发行节奏较慢，下半年地方债供给有望提速；同时特别国债均衡发行，有助于形成更多实物工作量，财政或仍将加力提效来托底基建。货币政策层面，或将更注重精准有效和盘活存量资金，预计资金面将保持平稳；在缓解银行息差压力和稳增长诉求下，降准降息依然可期。综合判断，债券市场或将继续呈现震荡偏强的态势。　　组合操作方面，组合将以流动性为重，继续以中短久期信用债作为底仓，采取票息和流动性兼顾的思路。根据对宏观经济、货币政策的判断，结合组合负债端的变化，适度调整组合久期和杠杆，在努力提升收益空间的同时，尽力维持组合的流动性充足。","fund":{"_id":3000000017432,"stockCode":"017432","shortName":"交银稳安60天滚动持有债券A","fundSecondLevel":"bond","stockType":"fund","areaCode":"cn","market":"a","tickerId":17432,"currency":"CNY","lastUpdated":"2026-08-27T13:15:17.228Z","status":"normal","exchange":"jj","fundCollectionId":4000050480000,"name":"交银施罗德稳安60天滚动持有债券型证券投资基金","inceptionDate":"2023-01-08T16:00:00.000Z","setUpDate":"2023-01-08T16:00:00.000Z","setUpAssetScale":472936.14,"setUpShares":472936.14,"pinyin":"jysldwa60tgdcyzqxzqtzjj","followedNum":1,"masterFundShortName":"交银稳安60天滚动持有债券","__csrcFundId":12092,"managers":[{"stockCode":"db20880222","stockType":"fund_manager","exchange":"fm","tickerId":1010227930,"name":"姬静"},{"stockCode":"db20346660","stockType":"fund_manager","exchange":"fm","tickerId":82510157170,"name":"黄莹洁"}]},"announcement":{"linkText":"交银施罗德稳安60天滚动持有债券型证券投资基金2024年中期报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1148190","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aed2417fea5b3eb052afe4","date":"2024-03-30T16:00:00.000Z","stockId":3000000017432,"sao":"本报告期内，债市收益率出现较大幅度的下行，春节前后利率水平快速走低，于三月初突破历史低点，此后行情转为震荡。政策方面，央行于1月24日超预期宣布降准50BP；2月20日，下调五年期LPR利率25BP，幅度均超出此前市场预期，提振了市场的做多情绪。此后，三月初十年和三十年国债的活跃券收益率分别最低下行至2.25%和2.40%左右，随后市场开始担忧债券供给压力加大，叠加交易盘的止盈情绪升温、经济数据边际改善、权益市场修复等多重因素，现券收益率明显回调，市场开始转为震荡。　　本报告期内，本基金主要配置中短久期、风险可控、有一定票息价值的信用债券，其中中短久期的高流动性金融机构债券占比较高，同时增加了对银行存款的配置比例，期间小幅参与了利率债波段交易，组合久期和杠杆水平总体上保持在中性水平。　　展望2024年二季度，债券市场在内需温和复苏、通胀水平处于相对低位、流动性保持宽松的背景下，或呈现震荡偏强的格局，基本面修复的斜率对市场预期的影响较大。政策方面，年初地方债发行节奏较慢，两会公布今年新增一万亿超长期特别国债发行，预计后续政府债发行提速，二季度财政将加力提效来托底基建。展望中期，考虑经济新旧动能转换，增长更依赖政策支持，如遇内需复苏节奏偏慢，宽松预期或再度发酵，债市仍有交易性行情。　　组合操作方面，组合将以流动性为重，继续以中短久期信用债作为底仓，采取票息策略为主的思路。并根据对宏观经济、货币政策的判断，结合组合负债端的变化，适度调整组合久期和杠杆，在提升收益空间的同时，力求维持组合的流动性充足。","declarationDate":"2024-04-19T16:00:00.000Z","lastUpdated":"2026-03-09T13:59:29.287Z","fund":{"_id":3000000017432,"stockCode":"017432","shortName":"交银稳安60天滚动持有债券A","fundSecondLevel":"bond","stockType":"fund","areaCode":"cn","market":"a","tickerId":17432,"currency":"CNY","lastUpdated":"2026-08-27T13:15:17.228Z","status":"normal","exchange":"jj","fundCollectionId":4000050480000,"name":"交银施罗德稳安60天滚动持有债券型证券投资基金","inceptionDate":"2023-01-08T16:00:00.000Z","setUpDate":"2023-01-08T16:00:00.000Z","setUpAssetScale":472936.14,"setUpShares":472936.14,"pinyin":"jysldwa60tgdcyzqxzqtzjj","followedNum":1,"masterFundShortName":"交银稳安60天滚动持有债券","__csrcFundId":12092,"managers":[{"stockCode":"db20880222","stockType":"fund_manager","e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