Off the wire
• Chinese shares close sharply lower Tuesday  • China's largest inland saltwater lake expands for 10 consecutive years  • 26 militants killed in fresh operations in Afghanistan  • 1st LD: Chinese shares plunge 4 pct in afternoon trading  • Death toll from Nepal quake soars to 7,557  • Solar plane's Pacific crossing rescheduled  • Chinese shares plunge 3 pct in afternoon trading  • Spotlight: China's contributions to WWII indelible -- experts  • Official Australian interest rates cut  • Indonesia's economy grows slower at 4.71 pct in Q1  
You are here: 　 Home

China treasury bond futures close lower Tuesday

Xinhua, May 5, 2015 Adjust font size:

China's treasury bond futures closed lower on Tuesday, with the contract for settlement in June 2015 down 0.15 percent to finish at 98.02 yuan (around 16 U.S. dollars).

The contract for settlement in September lost 0.13 percent to end at 98.57 yuan. The December contract edged down 0.06 percent to close at 99.33 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