China Knowledge bond market daily summary.

Apr 1, 2016 (China Knowledge) - On Mar 31, the settlement of cash bonds and bond lending down 15.92% and 42.32% from its previous trading day to RMB 248.76 billion and RMB 8.54 billion, respectively, according to China Central Depository & Clearing Co., Ltd. The benchmark weighted-average overnight repo rate up 9.5 bps to 2.149%, and the 14-day repo up 36.3 bps to 2.759%. The overnight Shanghai Interbank Offered Rate (SHIBOR) up 1.3 bps to 2.0170%, and the 7-day SHIBOR rate up 1.3 bps to 2.3250%. The yield on 1Y Treasury bonds up 0.65 bp to 2.09%, while that on 3Y down 0.54 bps to 2.30%. The yield on 5Y and 7Y Treasury bonds up 0.02 bp and down 0.93 bp to 2.47% and 2.78%, respectively. The yield on 10Y bonds up 0.56 bp to 2.84%. On the policy bank bonds front, the yield on 1Y policy bank bonds (CDB) down 2.61 bps to 2.41%. The yield on 5Y down 1.46 bps to reach 2.98%, and the yield curve (10Y) down 3.86 bps to 3.24%. In addition, the yields on 1Y policy bank bonds (Exim...