Off the wire
• Chinese premier sends clear message on China's sustainable development: Mexican expert  • Urgent: Japan's upper house committee passes controversial security bills amid chaos  • Twin bombings kill at least 2 in Iraq's Baghdad  • FLASH: JAPAN'S UPPER HOUSE COMMITTEE PASSES CONTROVERSIAL SECURITY BILLS AMID CHAOS  • Chinese, U.S. companies launch fund to promote energy efficient buildings  • U.S.-China joint efforts vital for global climate agreement in Paris: Biden  • China-ASEAN expo expected to attract over 2,200 companies  • China stocks close lower on Thursday  • China's "Belt and Road" initiatives open new opportunities for U.S. businesses: Michael Bloomberg  • Spotlight: Refugee crisis intensifies at Serbia, Hungary border  
You are here: 　 Home

China treasury bond futures close lower Thursday

Xinhua, September 17, 2015 Adjust font size:

China's treasury bond futures closed lower Thursday, with the contract for settlement in December down 0.14 percent to finish at 98.7 yuan (15.51 U.S. dollars).

The March 2016 contract lost 0.19 percent to end at 98.6 yuan, and June contract was down 0.15 percent to 98.8 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