Liquidity tightened later on Monday. Overnight repo rates rose around 4 bps at 2.5816 percent, and 7-day repo rates added around 3 bps at 2.8680 percent. Yields of cash T-bonds edged up in steadied trading. 1-year T-bonds yields inched up 1 bp at 3.46 percent; 5-year T-bonds climbed 2.5 bps to yield 3.51 percent; 10-year T-bonds were up 0.25 bps to yield 3.5925 percent. Yields of financial bonds turned higher in heavy trading. 1-year bonds issued by China Development Bank increased 1 bp to yield 3.81 percent; 5-year bonds issued by the Bank firmed 1 bp to yield 4.13 percent; and 10-year bonds gained 0.2 bps to yield 4.2045 percent.

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