Off the wire
Roma wins Dakar Rally ninth stage while Al-Attiyah extends overall lead  • Australian job vacancies rise in November quarter  • Chile's Gallegos wins ninth stage of Dakar Rally quad division  • Sydney siege inquest date announced  • French League Cup results  • Italian Cup result  • Spanish Copa del Rey results  • Australia's Victoria Police wants bail revoked for alleged IS sympathizer  • Tokyo stocks open lower on Wall St. fall, firmer yen  • Australian stocks open lower  
You are here:   Home

China treasury bond futures open higher Wednesday

Xinhua, January 14, 2015 Adjust font size:

China's treasury bond futures opened higher on Wednesday, with contract for settlement in March 2015 opening 0.05 percent higher at 97.1 yuan (15.87 U.S. dollars).

The contract for settlement in June opened slightly higher at 97.6 yuan, while the contract for settlement in September 2015 had no trading at the opening.

The contracts are agreements to buy or sell treasury bonds at a predetermined price and set date. They allow investors to bet on or profit from the movements in the value of the bonds.

The treasury bond futures were launched at the Shanghai-based China Financial Futures Exchange and started trading on Sept. 6, 2013. Endi