Off the wire
• Chinese yuan weakens to 6.5646 against USD Thursday  • S. Korea, U.S. defense chiefs reaffirm DPRK unacceptable as nuke state  • Market exchange rates in China -- Jan. 7  • New report to be published by WADA  • Qantas seeks new North American routes with long-range Dreamliners  • Tokyo shares open lower tracing declines in U.S. market  • Illicit drugs causing more deaths on Australia's roads than alcohol: statistics  • Dollar in upper 118 yen zone in early Tokyo trading  • Abe, Obama confirm cooperation to cope with DPRK's nuke test  • Australia to use re-fitted luxury jets as next-generation spy planes  
You are here: 　 Home

China treasury bond futures open higher Thursday

Xinhua, January 7, 2016 Adjust font size:

China's five-year treasury bond futures opened higher on Thursday, with the contract for settlement in March 2016 opened 0.07 percent higher at 100.68 yuan (about 15.41 U.S. dollars).

The contract for settlement in June 2016 opened 0.04 percent higher at 100.535 yuan. The contract for settlement in September 2016 opened 0.09 percent higher at 100.515 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