Liquidity balanced on Wednesday. Overnight repo rates fell around 4 bps at 2.7774 percent, and 7-day repo rates tumbled around 14 bps at 3.3650 percent. Yields of cash T-bonds edged up in steadied trading. 1-year T-bonds yields rose 2.5 bps at 3.795 percent; 5-year T-bonds remained unchanged to yield 3.83 percent; 10-year T-bonds inched up 1 bp to yield 3.90 percent. Yields of financial bonds turned higher in stable trading. 1-year bonds issued by China Development Bank rallied 7 bps to yield 4.65 percent; 5-year bonds issued by the Bank climbed 1 bp to yield 4.79 percent; and 10-year bonds gained 0.75 bps to yield 4.8275 percent.
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