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China treasury bond futures close mixed Friday

Xinhua, May 27, 2016 Adjust font size:

China's treasury bond futures closed mixed on Friday, with the contract for settlement in June 2016 closed 0.01 percent lower at 100.9 yuan (about 15.52 U.S. dollars).

The September 2016 contract closed 0.04 percent lower at 100.22 yuan. The December 2016 contract closed flat at 99.675 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. Enditem

(This article is generated by Xinhua News Robo