Off the wire
• Chinese shares open lower Thursday  • Commentary: Abe should follow his predecessors' statements on WWII  • Renewable energy powers all of Costa Rica for over 3 months  • Market exchange rates in China -- Aug. 13  • Roundup: S. Korea freezes policy rate at record low for 2 months  • S. Korea freezes interest rates at record low for 2 months  • S. Korean exports fall 3.4 pct in July on soft global demand  • Urgent: Chinese yuan weakens sharply to 6.401 against USD Thursday  • Portugal's national health service witnesses exodus of doctors  • Tokyo shares open mixed on Chinese yuan's change  
You are here: 　 Home

China treasury bond futures open higher Thursday

Xinhua, August 13, 2015 Adjust font size:

China's five-year treasury bond futures opened higher on Thursday, with contract for settlement in September opening at 96.5 yuan (15.08 U.S. dollars), up 0.05 percent.

The contract for settlement in December opened 0.06 percent higher at 98.1 yuan and the March 2016 contract edged higher 0.07 percent to open at 98.7 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