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China treasury bond futures open mixed Tuesday

Xinhua, March 10, 2015 Adjust font size:

China's treasury bond futures opened higher on Tuesday, with contract for settlement in June 2015 opens 0.16 percent higher at 98.402 yuan (15.98 U.S. dollars), and September 2015 opens flat at 98.804 yuan.`

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