Off the wire
• Roundup: Flourishing Chinese enterprises witness enhanced Brazil ties  • Indian media laud Modi's fruitful visit to China  • Australian supermarket giant admits worker exploitation wrong  • Private museums proliferate in China  • News Analysis: Nepal disaster prompts India, Pakistan to call for regional cooperation in disaster management  • Quake-stricken Nepal readies plans to reconstruct heritage sites  • Direct flights to link Nanjing, L.A.  • Chinese shares close lower Monday  • 2nd LD-Writethru-China Headlines: Home prices extend falls, top-tier cities warm up  • Quake-stricken Nepal to appeal for more aid at World Health Assembly  
You are here: 　 Home

China treasury bond futures close lower Monday

Xinhua, May 18, 2015 Adjust font size:

China's treasury bond futures closed lower on Monday, with the contract for settlement in June 2015 down 0.06 percent to finish at 97.7 yuan (around 15.96 U.S. dollars).

The contract for settlement in September dropped 0.04 percent to end at 98.2 yuan. The December contract lost 0.1 percent to 99.7 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