Liquidity remained loose balance on Monday. Overnight repo rates fell around 13 bps at 2.5560 percent, and 7-day repo rates retreated around 8 bps at 2.7101 percent. Yields of cash T-bonds diverged in brisk trading. 1-year T-bonds yields dropped 3.5 at 2.92 percent; 5-year T-bonds inched up 0.5 bps to yield 3.4250 percent; 10-year T-bonds shed 1.5 bps to yield 3.62 percent. Yields of financial bonds were mixed in heavy trading. 1-year bonds issued by China Development Bank slid 8.25 bps to yield 3.01 percent; 5-year bonds issued by the Bank were down 0.5 bps to yield 3.9650 percent; and 10-year bonds lost 1.75 bps to yield 4.1825 percent.

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