Liquidity remained tight balance on Monday. Overnight repo rates inched down around 0.40 bps at 2.9041 percent, and 7-day repo rates rose around 5.79 bps at 3.4427 percent. Yields of cash T-bonds edged up in brisk trading. 1-year T-bonds yields remained unchanged at 3.58 percent; 5-year T-bonds added 2 bps to yield 3.86 percent; 10-year T-bonds was up 2 bps to yield 3.96 percent. Yields of financial bonds turned higher in heavy trading. 1-year bonds issued by China Development Bank climbed 2 bps to yield 4.40 percent; 5-year bonds issued by the Bank firmed 3.25 bps to yield 4.995 percent; and 10-year bonds gained 3.75 bp to yield 5.0475 percent.

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