Off the wire
Market exchange rates in China -- July 15  • (Sports Focus) Shanghai SIPG to host Atletico Madrid at Wanda International Football Tournament on August 4  • Chinese yuan strengthens to 6.1152 against USD Wednesday  • Team classifications from Tour de France 10th stage  • Australia's youth lead charge in combating Australia's alcohol identity: study  • S.Korea's job creation slows in June on MERS aftermath  • Australia's opposition rejects carbon tax claims  • Tokyo shares open higher on buoyant overseas performances  • Dollar trades in lower 123 yen zone in early Tokyo deals  • Australian airlines scramble to bring 9,000 Australian tourists home from Bali after fresh volcanic eruptions  
You are here:   Home

China treasury bond futures open lower Wednesday

Xinhua, July 15, 2015 Adjust font size:

China's five-year treasury bond futures opened lower on Wednesday, with contract for settlement in September 2015 opening at 96.56 yuan (15.56 U.S. dollars), down 0.16 percent.

The contract for settlement in December 2015 opened 0.1 percent lower at 98.555 yuan and that for settlement in March 2016 opened 0.06 percent lower at 99.2 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