Liquidity balanced on Wednesday. Overnight repo rates inched up around 1 bp at 2.7092 percent, and 7-day repo rates rallied around 13 bps at 3.4550 percent. Yields of cash T-bonds edged up in steadied trading. 1-year T-bonds yields rose 0.5 bps at 3.48 percent; 5-year T-bonds were up 3.75 bps to yield 3.62 percent; 10-year T-bonds climbed 2.5 bps to yield 3.635 percent. Yields of financial bonds turned higher in stable trading. 1-year bonds issued by China Development Bank remained unchanged to yield 3.92 percent; 5-year bonds issued by the Bank added 1 bp to yield 4.275 percent; and 10-year bonds gained 0.5 bps to yield 4.25 percent.

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