Off the wire
• Tokyo shares extends losses on oil prices decline  • Total eradication of IS in Iraq imminent: speaker  • Chinese shares close higher Tuesday  • Drones banned over China's largest lake  • Aussie stocks fall despite promising start  • China auto sales growth at 3-year low in 2015  • 22 militants killed in Afghan army airstrikes  • China sends inspectors to catch corrupt "flies"  • China top of mind for leading automakers  • Pakistan shares preliminary probe report into air base attack with India  
You are here: 　 Home

China treasury bond futures close higher Tuesday

Xinhua, January 12, 2016 Adjust font size:

China's treasury bond futures closed higher on Tuesday, with the contract for settlement in March 2016 up 0.19 percent to close at 100.98 yuan (about 15.39 U.S. dollars).

The June 2016 contract gained 0.21 percent to close at 100.88 yuan. The September 2016 contract rose 0.19 percent to 100.795 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