Liquidity remained loose balanced on Wednesday. Overnight repo rates fell around 3 bps at 2.4036 percent, and 7-day repo rates inched up around 1 bp at 2.7629 percent. Yields of cash T-bonds edged down in steadied trading. 1-year T-bonds yields shed 2 bps at 2.84 percent; 5-year T-bonds retreated 2 bps to yield 3.38 percent; 10-year T-bonds remained unchanged to yield 3.61 percent. Yields of financial bonds closed lower in stable trading. 1-year bonds issued by China Development Bank slipped 2 bps to yield 3.12 percent; 5-year bonds issued by the Bank were down 0.5 bps to yield 3.96 percent; and 10-year bonds were flat to yield 4.23 percent.

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