Off the wire
• China Hushen 300 index futures open higher Wednesday  • Chinese shares open mixed Wednesday  • China issues first offshore renminbi note in London  • Filipino fraud probe reveals New Zealand visa scam  • Market exchange rates in China -- Oct. 21  • Stockholm ATP results  • BHP Billiton records bumper iron ore production in September quarter  • Portuguese opposition Socialists say they're ready to form new gov't  • Chinese yuan strengthens to 6.3473 against USD Wednesday  • Indonesia fighting most massive forest fire with foreign aids  
You are here: 　 Home

China treasury bond futures open higher Wednesday

Xinhua, October 21, 2015 Adjust font size:

China's five-year treasury bond futures opened higher on Wednesday, with the contract for settlement in December opening up 0.12 percent at 100.3 yuan (about 15.8 U.S. dollars).

The contract for settlement in March 2016 opened 0.12 percent higher at 100.28 yuan. The contract for settlement in June 2016 also gained 0.12 percent to open at 100.405 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