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ICBC Global Market: RMB Interest Rate Market Update - October 10, 2018
 

Liquidity remained loose balance on Tuesday. Overnight repo rates fell around 3 bps at 2.5270 percent, and 7-day repo rates retreated around 4 bps at 2.6697 percent. Yields of cash T-bonds dipped slightly in steadied trading. 1-year T-bonds yields dropped 2 at 2.90 percent; 5-year T-bonds slipped 1.5 bps to yield 3.41 percent; 10-year T-bonds shed 0.5 bps to yield 3.615 percent. Yields of financial bonds were mixed in stable trading. 1-year bonds issued by China Development Bank slid 3.5 bps to yield 2.975 percent; 5-year bonds issued by the Bank were down 1.5 bps to yield 3.95 percent; and 10-year bonds gained 0.25 bps to yield 4.185 percent.

 

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(2018-10-10)
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