Off the wire
• Hushen 300 Index closes higher Tuesday  • Shenzhen stock indices close higher Tuesday  • Roundup: S. Korean shares end flat ahead of Lunar New Year holiday  • Military chopper crash kills 4 in training in Saudi Arabia  • Shanghai stock indices close higher Tuesday  • FLASH: SEVERAL INJURED AS BLAST HITS PAKISTAN'S LAHORE - LOCAL MEDIA  • Urgent: One killed, several injured as blast hits Pakistan's Lahore  • New Zealand appoints spy agency acting head  • Shenzhen police official removed over power abuse  • China stocks rise for 7th day Tuesday  
You are here: 　 Home

China treasury bond futures close higher Tuesday

Xinhua, February 17, 2015 Adjust font size:

China's treasury bond futures closed higher on Tuesday, with the contract for settlement in March up 0.23 percent to finish at 98.786 yuan (16.11 U.S. dollars).

The contract for settlement in June edged up 0.2 percent to close at 99.39 yuan. The contract for settlement in September 2015 went up 0.28 percent to finish at 99.978 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