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China treasury bond futures close mixed Friday

Xinhua, December 4, 2015 Adjust font size:

China's treasury bond futures closed mixed on Friday, with the contract for settlement in December up 0.02 percent to finish at 100.55 yuan (about 15.75 U.S. dollars).

The March 2016 contract lost 0.06 percent to close at 100.045 yuan. The June 2016 contract dipped 0.07 percent to 99.85 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