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2021-2025年科创债发行人企业性质分布(单位:亿元)
2021-2025年科创债发行人企业性质分布(单位:亿元)
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【五矿证券】非银金融:新旧动能转换,资本市场如何做好“科技金融”大文章?-251217(38页).pdf
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图3.2:2021—2025年信用债发行人加权平均发行利率情况
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行业数据
2026-04-27
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图3.3:2021一2025年产业债发行人加权平均发行利率情况
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行业数据
2026-04-27
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表 2.2 2025年末河南存量信用债发行人最新主体级别情况
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行业数据
2026-04-27
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表3.7:2021一2025年城投债发行人发行时主体级别情况
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2026-04-27
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图3.4:2021一2025年城投债发行人加权平均发行利率情况
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2026-04-27
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图3.7:2021一2025年河南省科创债发行情况(亿元)
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2026-04-27
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表3.5:2021一2025年信用债发行人发行时主体级别情况
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行业数据
2026-04-27
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表 2科创债存续主体评级统计(截至2025年底)
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2026-04-08
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表1科创债累计发行情况统计(2021年-2025年)
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2026-04-08
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图20.近年发行人主要产品毛利率
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行业数据
2026-03-13
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图21.2022-2025H1发行人期间费用率
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2026-03-13
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图14.2022-2025H1发行人营收结构
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2026-03-13
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图16.发行人股权架构
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行业数据
2026-03-13
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图29.2025H1发行人客户结构
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近年来,得益于债券市场顶层设计的完善和配套政策的出台,科创债市场迅速扩容。2021 年,仅科技创新债券发行 166.60 亿元,2025 年(截至 11 月 30 日)科创债发行 20160.87 亿元,相较 2024 年全年增加 65.54%;其中科技创新债券高达 17903.02 亿元,且在 5 月后呈现加速扩容的趋势,5 月-11 月发行规模达到 15970.09 亿元。2023-2024 年,科创票据创新提速,分别发行 4002.00 亿元和 6025.31 亿元。市场结构方面,央国企是科创债发行的绝对主力,2021 年以来,中央国有企业和地方国有企业分别发行 19006.40 亿元和 19007.83 亿元,占比 44.38%和 44.39%;民企发行 3341.10 亿元,占比 7.80%,民企参与科创债发行的热度近年来有所提升。作为债券市场服务科技金融的重要组成部分,未来科创债市场将在多层次债券市场顶层设计和制度创新方面发力,逐步提升对于民企和硬科技企业融资支持力度。
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