Liquidity was balanced on Tuesday. Overnight repo rates fell around 6 bps at 2.8383 percent, and 7-day repo rates surged around 33 bps at 4.0401 percent. Yields of cash T-bonds edged up in brisk trading. 1-year T-bonds yields remained unchanged at 3.65 percent; 5-year T-bonds were flat to yield 3.89 percent; 10-year T-bonds increased 0.25 bps to yield 3.9625 percent. Yields of financial bonds turned higher in heavy trading. 1-year bonds issued by China Development Bank added 5 bps to yield 4.55 percent; 5-year bonds issued by the Bank climbed 2 bps to yield 4.76 percent; and 10-year bonds gained 6.5 bps to yield 4.915 percent.

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