Off the wire
• 2nd Ld: China's April industrial output growth speeds up  • Micronesian nation Nauru says Facebook ban not political  • 2nd LD-Writethru: China's property investment continues to slow  • Shanghai, Singapore ink four agreements in services sector  • 3rd LD: 43 killed as gunmen attack passenger bus in Pakistan's Karachi  • News Analysis: Sharif's visit to Kabul can bridge gap in Afghan-Pakistani relations, analysts say  • News Analysis: Attack on Turkish ship off Libyan waters result of faulty foreign policy  • 2nd LD-Writethru: China April retail sales up 10 pct, online sales robust  • Chinese shares close mixed Wednesday  • Iran warns against attacking aid ship to Yemen  
You are here: 　 Home

China treasury bond futures close higher Wednesday

Xinhua, May 13, 2015 Adjust font size:

China's treasury bond futures closed higher on Wednesday, with the contract for settlement in June 2015 up 0.15 percent to finish at 97.4 yuan (around 15.92 U.S. dollars).

The contract for settlement in September gained 0.13 percent to end at 98.1 yuan. The December contract edged up 0.33 percent to close at 99.3 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