Liquidity eased on Thursday. Overnight repo rates inched down around 0.41 bps at 2.5293 percent, and 7-day repo rates fell around 5 bps at 2.8194 percent. Yields of cash T-bonds edged down in brisk trading. 1-year T-bonds yields remained unchanged at 2.90 percent; 5-year T-bonds dropped 1.25 to yield 3.3775 percent; 10-year T-bonds dipped 1 bps to yield 3.70 percent. Yields of financial bonds diverged in heavy trading. 1-year bonds issued by China Development Bank were flat to yield 3.72 percent; 5-year bonds issued by the Bank firmed 0.25 bps to yield 4.3825 percent; and 10-year bonds lost 0.25 bps to yield 4.5225 percent.

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