Off the wire
Hushen 300 Index closes lower Wednesday  • Shanghai stock indices close lower Wednesday  • China stock index futures close lower Wednesday  • ChiNext Index closes lower Wednesday  • Shenzhen stock indices close lower Wednesday  • NBA Standings  • NBA Results  • Afghan parliament gives final approval to national budget  • Authorities reveal details of prison scandal  • SK Hynix posts record earnings in 2014  
You are here:   Home

China treasury bond futures close lower Wednesday

Xinhua, January 28, 2015 Adjust font size:

China's treasury bond futures closed lower Wednesday, with the contract for settlement in March 2015 down 0.06 percent to finish at 97.6 yuan (15.62 U.S. dollars).

The contract for settlement in June 2015 dipped 0.11 percent to close at 98 yuan. The contract for settlement in September 2015 edged down 0.08 percent to finish at 98.4 yuan.

The contracts are agreements to buy or sell treasury bonds at a predetermined price and set date. They allow investors to bet on and 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