Off the wire
Myanmar president calls on political forces to work in unity to overcome challenges  • Tokyo stocks retreat in early trading as investors pensive on 1st trading day of 2016  • Singapore economy grows by 2.1 pct in 2015  • 3rd LD Writethru: Strong quake hits NE India, no casualties reported yet  • Xinhua world news summary at 0030 GMT, Jan. 4  • Spanish La Liga standings  • Keitany relishes the rivalry at Rio Olympics marathon  • Collated Spanish La Liga results  • Two climbers killed in avalanche near Chamonix  • Dollar in lower 120 yen range in early Tokyo trading  
You are here:   Home

China treasury bond futures open lower Monday

Xinhua, January 4, 2016 Adjust font size:

China's five-year treasury bond futures opened lower on Monday, with the contract for settlement in March 2016 opened 0.03 percent lower at 100.67 yuan (about 15.48 U.S. dollars).

The contract for settlement in June 2016 opened 0.08 percent lower at 100.51 yuan. The contract for settlement in September 2016 opened 0.16 percent lower at 100.44 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