Liquidity remained eased on Thursday. Overnight repo rates fell around 19 bps at 2.2202 percent, and 7-day repo rates rallied around 10 bps at 2.7173 percent. Yields of cash T-bonds diverged in brisk trading. 1-year T-bonds yields inched up 0.5 bps at 2.855 percent; 5-year T-bonds dropped 2.5 bps to yield 3.34 percent; 10-year T-bonds trimmed 1 bp to yield 3.54 percent. Yields of financial bonds ended lower in heavy trading. 1-year bonds issued by China Development Bank declined 3 bps to yield 2.86 percent; 5-year bonds issued by the Bank were down 2.75 bps to yield 3.825 percent; and 10-year bonds lost 1 bp to yield 4.095 percent.

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