Off the wire
• Palestinian toddler killed, three others injured in suspected arson by Israeli settlers  • China stocks close lower on Friday  • Wolfsburg, Guadalajara qualify for Weifang Cup final  • Two policemen, two PKK rebels killed in clashes in southern Turkey  • Brazil gov't registers lower half-year primary deficit  • 1st LD Writethru: Former Nanjing party chief expelled from CPC  • Aquino chooses administration candidate for 2016 polls  • Argentine exports 60,000 tons of iron ore to China: report  • Roundup: S. Korea's retail sales fall most in over 4 years on MERS aftermath  • Latin American currencies depreciate against U.S. dollar in 2014  
You are here: 　 Home

China treasury bond futures close lower Friday

Xinhua, July 31, 2015 Adjust font size:

China's treasury bond futures closed lower on Friday, with the contract for settlement in September 2015 down 0.57 percent to finish at 96.61 yuan (around 15.79 U.S. dollars).

The contract for settlement in December lost 0.5 percent to end at 98.6 yuan. The March 2016 contract edged down 0.55 percent to 98.97 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