Off the wire
• Market exchange rates in China -- Sept. 2  • Urgent: Chinese shares plunge over 4 pct at opening on Wednesday  • Chinese shares open lower Wednesday  • Australian film voted year's best  • Conditions of foreign staff in Australian 7-Eleven stores arouse concern  • Chinese yuan strengthens to 6.3619 against USD Wednesday  • US Open Results  • Alcohol cloud bar causes concern in Australia  • Power cut to Brazil World Cup venue  • Tokyo shares open mixed  
You are here: 　 Home

China treasury bond futures open higher Wednesday

Xinhua, September 2, 2015 Adjust font size:

China's five-year treasury bond futures opened higher on Wednesday, with contract for settlement in December opening at 99.3 yuan (15.6 U.S. dollars), up 0.1 percent.

The contract for settlement in September had no trading at the opening, and the March 2016 contract stayed flat at 99.3 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