Off the wire
• Interest rates on credit cards in Brazil reach 414 pct  • Somali refugee to return to Australia for medical advice: minister  • Colombian gov't announces Dec. 3 as Schengen visa waiver day  • LatAm needs "productive development policies" to promote employment: UN agencies  • Rio climate conference discusses transition to low-carbon economy  • China Headlines: U.S. ship patrolling in South China Sea counterproductive  • China steel producers suffer huge losses as demands shrink  • China's HK chief executive, Albanian PM exchange views on issues of mutual concern  • Xinhua Insight: Beijing tech firms seize opportunities outside the city  • Chinese online shopping platform launched in Kenya  
You are here: 　 Home

China treasury bond futures close lower Wednesday

Xinhua, October 28, 2015 Adjust font size:

China's treasury bond futures closed lower on Wednesday, with the contract for settlement in December down 0.36 percent to finish at 100.2 yuan (about 15.76 U.S. dollars).

The March 2016 contract retreated 0.36 percent to 100.2 yuan, and the June 2016 contract went down 0.33 percent to 100.3 yuan.

The contracts are agreements to buy or sell treasury bonds at a predetermined price and set date. They allow investors to bet on 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