Off the wire
• Lyon completes signing of winger Beauvue  • News Analysis: China's growth target attainable this year  • Wade hinting a 13th season with Miami  • 1st LD: Taliban attacks checkpoints in E. Afghan province, killing 30 police  • Investigation into deadly "bath milk"  • Collated Wimbledon results  • China's "College to Village" campaign helps create jobs in villages  • Cambodia's rice export up nearly 60 pct in 1st half of 2015  • Myanmar issues procedures for int'l election observers  • 9 arrested in Morocco for spreading IS ideology  
You are here: 　 Home

China treasury bond futures close higher Friday

Xinhua, July 3, 2015 Adjust font size:

China's treasury bond futures closed higher on Friday, with the contract for settlement in September 2015 up 0.62 percent to finish at 96.3 yuan (around 15.75 U.S. dollars).

The contract for settlement in December gained 0.55 percent to end at 98.1 yuan. The March 2016 contract also rose 0.44 percent to 98.5 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