Liquidity remained eased on Monday. Overnight repo rates fell around 9 bps at 2.2059 percent, and 7-day repo rates retreated around 3 bps at 2.7718 percent. Yields of cash T-bonds edged down in steadied trading. 1-year T-bonds yields sagged 2 bps at 2.88 percent; 5-year T-bonds shed 7.5 bps to yield 3.20 percent; 10-year T-bonds slipped 0.75 bps to yield 3.52 percent. Yields of financial bonds were rang-bound in stable trading. 1-year bonds issued by China Development Bank dropped 9 bps to yield 3.01 percent; 5-year bonds issued by the Bank were down 2 bps to yield 3.86 percent; and 10-year bonds gained 0.25 bps to yield 4.2275 percent.

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