Liquidity eased on Tuesday. Overnight repo rates inched up around 0.34 bps at 2.6182 percent, and 7-day repo rates rose around 10 bps at 3.1598 percent. Yields of cash T-bonds edged down in brisk trading. 1-year T-bonds yields remained unchanged at 3.28 percent; 5-year T-bonds fell 2 bps to yield 3.66 percent; 10-year T-bonds dropped 2.5 bps to yield 3.785 percent. Yields of financial bonds turned lower in heavy trading. 1-year bonds issued by China Development Bank slid 2 bps to yield 4.12 percent; 5-year bonds issued by the Bank decreased 2.5 bps to yield 4.765 percent; and 10-year bonds lost 4.5 bps to yield 4.86 percent.

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