Liquidity balanced on Tuesday. Overnight repo rates inched down around 1 bp at 2.9192 percent, and 7-day repo rates rose around 6 bps at 3.4552 percent. Yields of cash T-bonds edged up in steadied trading. 1-year T-bonds yields firmed 2 bps at 3.48 percent; 5-year T-bonds increased 4 bps to yield 3.58 percent; 10-year T-bonds advanced 2.5 bps to yield 3.635 percent. Yields of financial bonds turned higher in heavy trading. 1-year bonds issued by China Development Bank added 3 bps to yield 4.12 percent; 5-year bonds issued by the Bank climbed 1.5 bps to yield 4.345 percent; and 10-year bonds gained 1.75 bps to yield 4.355 percent.

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