Liquidity tightened on Sunday. Overnight repo rates jumped around 56 bps at 2.7287 percent, and 7-day repo rates surged around 12 bps at 3.1234 percent. Yields of cash T-bonds edged down in steadied trading. 1-year T-bonds yields inched down 0.5 bps at 3.79 percent; 5-year T-bonds fell 1 bp to yield 3.825 percent; 10-year T-bonds dropped 1 bp to yield 3.88 percent. Yields of financial bonds turned lower in stable trading. 1-year bonds issued by China Development Bank were flat to yield 4.68 percent; 5-year bonds issued by the Bank slipped 3 bps to yield 4.78 percent; and 10-year bonds lost 5 bps to yield 4.81 percent.

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