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ICBC Global Market: RMB Interest Rate Market Update - May 25, 2018
 

Liquidity eased on Thursday. Overnight repo rates inched up around 0.52 bps at 2.5580 percent, and 7-day repo rates rose around 3 bps at 2.8598 percent. Yields of cash T-bonds edged up in brisk trading. 1-year T-bonds yields remained unchanged at 3.13 percent; 5-year T-bonds added 1 bp to yield 3.41 percent; 10-year T-bonds climbed 1.5 bps to yield 3.65 percent. Yields of financial bonds diverged in heavy trading. 1-year bonds issued by China Development Bank firmed 1 bp to yield 3.91 percent; 5-year bonds issued by the Bank slipped 0.5 bps to yield 4.32 percent; and 10-year bonds lost 0.25 bps to yield 4.445 percent.

 

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(2018-05-25)
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