Off the wire
• Market exchange rates in China -- Sept. 9  • Chinese yuan strengthens to 6.3632 against USD Wednesday  • Asian zone World Cup qualifying results  • Nelson Mandela Challenge soccer result  • New Zealand holds firm on suspension of aid to Nauru  • Western Australian gov't blamed as schools ditch language classes  • US Open results  • Xinhua world news summary at 0030 GMT, Sept. 9  • Australia's Syrian refugee intake figures could be "impressive": minister  • Tokyo stocks open sharply higher in early trading on Wall St. gains, China hopes  
You are here: 　 Home

China treasury bond futures open lower Wednesday

Xinhua, September 9, 2015 Adjust font size:

China's five-year treasury bond futures opened lower on Wednesday, with contract for settlement in December opening at 98.65 yuan (15.51 U.S. dollars), down 0.06 percent.

The March 2016 contract opened 0.04 percent lower at 98.64 yuan and the contract for settlement in September had no trading at the opening.

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