Off the wire
• Chinese shares close lower Monday  • Tokyo shares close higher on softer yen following Fed's upbeat outlook  • 7 killed after Afghan forces repel Taliban attack on northern province  • Commentary: French gov't needs to heed Chinese community's cry for security  • Philippine police confirm nearly 1,800 deaths in war on drugs  • Commentary: S. Korea-U.S. drills jeopardize stability in Northeast Asia  • Turkey requests Cambodia to close schools linked with movement behind coup attempt  • Typhoon Mindulle lands near Tokyo amid warnings of flood, landslides  • S.Korean exports keep longest monthly decline in August  • Australia's Fortescue full-year profit surges  
You are here: 　 Home

China treasury bond futures close higher Monday

Xinhua, August 22, 2016 Adjust font size:

China's treasury bond futures closed higher Monday, with the contract for settlement in September 2016 closing 0.12 percent higher at 101.995 yuan (about 15.3 U.S. dollars).

The December 2016 contract closed 0.11 percent higher at 101.625 yuan. The March 2017 contract finished 0.08 percent higher at 101.3 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