Liquidity remained balanced on Wednesday. Overnight repo rates fell around 11 bps at 2.5540 percent, and 7-day repo rates dropped around 8 bps at 2.7272 percent. Yields of cash T-bonds edged down in steadied trading. 1-year T-bonds yields slipped 3.5 bps at 2.905 percent; 5-year T-bonds retreated 13 bps to yield 3.33 percent; 10-year T-bonds shed 4.5 bps to yield 3.605 percent. Yields of financial bonds closed lower in heavy trading. 1-year bonds issued by China Development Bank slid 12 bps to yield 3.16 percent; 5-year bonds issued by the Bank were down 5 bps to yield 3.96 percent; and 10-year bonds lost 9 bps to yield 4.195 percent.

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