Off the wire
• China stocks nosedive on Monday  • Turkish president to visit China  • 13 new spider species discovered in Australian tropics: media  • Turkey detains 22 IS suspects  • China values role of overseas NGOs  • 6 new species of spiders discovered in southern India: media  • China issues emergency alert for flood-hit Anhui, Fujian  • 1st LD Writethru: Three killed, 6 wounded in S. Philippine clash  • Tokyo shares end lower  • Bobbi Kristina Brown, daughter of Whitney Houston, dies at 22  
You are here: 　 Home

China treasury bond futures close higher Monday

Xinhua, July 27, 2015 Adjust font size:

China's treasury bond futures closed higher on Monday, with the contract for settlement in September 2015 up 0.03 percent to finish at 97.3 yuan (around 15.9 U.S. dollars).

The contract for settlement in December gained 0.11 percent to end at 99.2 yuan. The March 2016 contract edged up 0.1 percent to 99.65 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