Every night, you can go to China Bond Information Network, and there will be an officially published bond yield curve, or you can directly look at the daily review of the day to find out the bond type (national debt/China Development Bank) and the corresponding term (ten years).

China Debt Daily Review? China bond yield curve

At present, the codes of 10Y national bonds and active bonds issued in China are 190006 and 1902 10 respectively. However, since individual investors cannot participate in the inter-bank market (IB), it is meaningless to care about specific codes. Generally speaking, the comprehensive yield of fancy bonds is sufficient. If you must ask, 19 represents the year of issue, 00 represents the national debt, 02 represents the issuance of national debt, and the last two digits are related to the term. 0205 and 02 10 are generally ten-year national debt codes, and there are many national debt issuance batches, so the last two are also confusing.

In addition, there should be no doubt that the national debt listed on the Shanghai and Shenzhen stock exchanges looks similar to stocks.