Off the wire
• Dorival named as Santos coach  • China stocks open mixed on Friday  • Malaysia arrests 2 with suspected link to Islamic State  • Britain's Farah makes comeback win despite doping claims against coach  • S. Korea reports no MERS infection for 5 days, no death added  • Spotlight: China's "Belt and Road" initiative to promote SCO economic cooperation  • Van Basten to assist Blind at Dutch national team  • Australia seeing soaring beef price  • Lithuania unveils candidates for EuroBasket 2015  • New Real Madrid player Danilo presented in Madrid  
You are here: 　 Home

China treasury bond futures open lower Friday

Xinhua, July 10, 2015 Adjust font size:

China's five-year treasury bond futures opened lower on Friday, with contract for settlement in September 2015 opening 0.2 yuan lower at 96.9 yuan (15.9 U.S. dollars).

The contract for settlement in December 2015 opened 0.3 yuan lower at 98.7 yuan and the March 2016 contract opened 0.3 yuan lower at 99.1 yuan.

The contracts are agreements to buy or sell treasury bonds at a predetermined price and set date. They allow investors to bet on or 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