Debt-converted products refer to investment tools based on the bond market, which provide investors with diversified choices of bond investment by combining various bonds into bond funds or bond indexes. It can include various types of bonds, such as government bonds, corporate bonds, local government bonds, convertible bonds, etc., and can also be combined according to different maturities, repayment methods and credit ratings, in order to reduce risks and improve returns.

Debt-converted products are a new investment tool that has emerged in recent years, especially suitable for some investors with low risk preference. Its advantage lies in that it can seek more stable income through diversified combinations, no matter in the face of high inflation or low interest rate market environment. Moreover, due to the management of professional fund managers, investors can participate in the bond market more easily, spread risks, and avoid a lot of money and professional skills needed to buy bonds alone.

The scale and influence of debt products in China's bond market are also gradually expanding. Statistics show that at present, the share of bond funds has accounted for about 25% of all funds in the country. At the same time, more and more corporate bonds in the fields of science and technology, agriculture and environmental protection have also been recognized by the market. With the continuous improvement of the bond market system, debt products will continue to be one of the important tools to diversify risks, bringing more choices and development opportunities to investors.