Liquidity eased on Friday. Overnight repo rates fell around 3.23 bps at 2.5864 percent, and 7-day repo rates jumped around 110 bps at 4.0178 percent. Yields of cash T-bonds edged up in brisk trading. 1-year T-bonds yields remained unchanged at 3.2650 percent; 5-year T-bonds rose 3.5 bps to yield 3.4400 percent; 10-year T-bonds increased 3.25 bps to yield 3.5900 percent. Yields of financial bonds were mixed in heavy trading. 1-year bonds issued by China Development Bank slid 1 bp to yield 3.94 percent; 5-year bonds issued by the Bank added 1 bp to yield 4.22 percent; and 10-year bonds gained 2.25 bps to yield 4.3175 percent.

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