Liquidity remained loose balanced on Monday. Overnight repo rates fell around 2 bps at 2.2953 percent, and 7-day repo rates dropped around 7 bps at 2.5659 percent. Yields of cash T-bonds edged up in steadied trading. 1-year T-bonds yields inched up 0.5 bps at 2.8350 percent; 5-year T-bonds rose 4 bps to yield 3.37 percent; 10-year T-bonds added 1.5 bps to yield 3.60 percent. Yields of financial bonds diverged in stable trading. 1-year bonds issued by China Development Bank slipped 1.75 bps to yield 3.0625 percent; 5-year bonds issued by the Bank were up 4 bps to yield 3.96 percent; and 10-year bonds gained 3 bps to yield 4.215 percent.

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