Off the wire
• Luxembourg bank starts asset management business in HK  • Context favorable for restoring Cuba-U.S. diplomatic ties: official official  • Urgent: Casualties feared as blast rocks Afghan southern Trinkot city  • Urgent: UN chief to visit Kaesong industrial complex in DPRK  • PNG bans Australians from traveling to Bougainville  • Feature: Chinese telecoms companies committed to poverty reduction in Colombia  • Chinese shares close higher Tuesday  • Chinese e-commerce giant launches "S.Korea Pavilion" online shop for Korean goods  • Roundup: World education forum opens in S. Korea for post-2015 agenda  • Tokyo shares end higher with Nikkei holding 20,000 line  
You are here: 　 Home

China treasury bond futures close lower Tuesday

Xinhua, May 19, 2015 Adjust font size:

China's treasury bond futures closed lower on Tuesday, with the contract for settlement in June 2015 down 0.47 percent to finish at 97.3 yuan (around 15.9 U.S. dollars).

The contract for settlement in September dropped 0.37 percent to end at 97.9 yuan. The December contract lost 0.38 percent to 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