Liquidity remained loose balanced on Monday. Overnight repo rates rose around 5 bps at 2.4561 percent, and 7-day repo rates jumped around 17 bps at 2.7437 percent. Yields of cash T-bonds edged up in steadied trading. 1-year T-bonds yields remained unchanged at 2.80 percent; 5-year T-bonds rallied 12.5 bps to yield 3.40 percent; 10-year T-bonds were flat to yield 3.63 percent. Yields of financial bonds closed higher in stable trading. 1-year bonds issued by China Development Bank advanced 13 bps to yield 3.17 percent; 5-year bonds issued by the Bank were up 4.5 bps to yield 3.965 percent; and 10-year bonds gained 2.5 bps to yield 4.2325 percent.

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