Liquidity remained eased on Thursday. Overnight repo rates fell around 7 bps at 2.4985 percent, and 7-day repo rates retreated around 7 bps at 2.9286 percent. Yields of cash T-bonds diverged in brisk trading. 1-year T-bonds yields slid 5 bps at 3.60 percent; 5-year T-bonds rose 4 bps to yield 3.88 percent; 10-year T-bonds added 1.75 bps to yield 3.9325 percent. Yields of financial bonds were mixed in stable trading. 1-year bonds issued by China Development Bank dropped 5 bps to yield 4.45 percent; 5-year bonds issued by the Bank climbed 6 bps to yield 4.87 percent; and 10-year bonds gained 5.5 bps to yield 4.9375 percent.

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