Net bond value is a widely used concept in fixed income investment. Simply put, the net bond value refers to the value of the bond assets held by investors at the current market price, usually in the form of each share or fund. The calculation of net worth usually considers factors such as bond yield, maturity, credit rating and market fluctuation, and is an important indicator reflecting the bond market.

In fixed income investment, the net value of bonds is a very key indicator. It reflects the current market views on credit risk and interest rate risk of bond assets. Investors can evaluate the market value of their bond assets through the net value of bonds, so as to buy or sell investment products in time. In addition, the net value of bonds can also be used to measure the quality and risk exposure of investors' portfolios.

For bond funds, convertible bonds and other products, the net performance is closely related to the investment performance of the products. Generally speaking, when the bond market strengthens, the net value of these funds will rise. On the contrary, when the bond market is depressed, the decline in net worth is a very common phenomenon. Therefore, investors can understand the changes of these products under different market conditions by paying attention to their net worth performance, so as to better allocate assets and control risks.