Liquidity remained eased on Tuesday. Overnight repo rates inched down around 1 bp at 2.3833 percent, and 7-day repo rates were little changed at 2.6972 percent. Yields of cash T-bonds edged up in brisk trading. 1-year T-bonds yields remained unchanged at 3.05 percent; 5-year T-bonds rose 2 bps to yield 3.33 percent; 10-year T-bonds added 4.5 bps to yield 3.56 percent. Yields of financial bonds were range-bound in heavy trading. 1-year bonds issued by China Development Bank dropped 4 bps to yield 3.24 percent; 5-year bonds issued by the Bank firmed 7.5 bps to yield 3.975 percent; and 10-year bonds gained 7.5 bps to yield 4.26 percent.

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