Liquidity remained eased on Monday. Overnight repo rates rose around 4 bps at 2.4985 percent, and 7-day repo rates firmed around 3 bps at 2.6374 percent. Yields of cash T-bonds edged up in brisk trading. 1-year T-bonds yields added 5 bps at 2.91 percent; 5-year T-bonds increased 5 bps to yield 3.39 percent; 10-year T-bonds climbed 2 bps to yield 3.60 percent. Yields of financial bonds were mixed in heavy trading. 1-year bonds issued by China Development Bank slid 0.75 bps to yield 2.9125 percent; 5-year bonds issued by the Bank were up 1.5 bps to yield 3.91 percent; and 10-year bonds gained 2 bps to yield 4.1425 percent.

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