Off the wire
• Cameroon draws 1-1 with Mali at African Cup  • Chinese yuan weakens to 6.1268 against USD  • Hong Kong stocks opens higher  • Norwegian league top scorer joins Chinese Super League  • Gold price opens higher in Hong Kong  • Afrian Cup results  • African Cup standigns  • Sydney siege survivors to appear in paid-for TV interviews  • Dollar trades in upper 118 yen level in early Tokyo deals  • Australian consumer sentiment still low: survey  
You are here: 　 Home

China treasury bond futures open higher Wednesday

Xinhua, January 21, 2015 Adjust font size:

China's treasury bond futures opened higher on Wednesday, with contract for settlement in March 2015 opening 0.02 percent higher at 97.498 yuan (15.9 U.S. dollars).

The contract for settlement in June opened 0.04 percent at 97.974 yuan, while the contract for settlement in September saw no trading.

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