Off the wire
• China Focus: Multinationals scout for opportunities in Guangzhou FTZ  • Suicide bombing hits army recruiting station in Yemen's Aden, at least 28 killed  • Foreign exchange rates in India  • Number of Chinese tourists to Russian Transbaikal region up 62.8 pct  • Las Palmas surprise leaders in Spanish Primera Liga  • Roundup: Calls rise in S. Korea for nuclear-powered submarine after DPRK's SLBM test  • Chinese shares close mixed Monday  • Tokyo shares soar on weaker yen following Fed officials' comments  • Aussie real estate agents now millionaires thanks to booming property market  • G20 summit offers opportunities for cooperation: former Canadian PM  
You are here: 　 Home

China treasury bond futures close lower Monday

Xinhua, August 29, 2016 Adjust font size:

China's treasury bond futures closed lower Monday, with the contract for settlement in September 2016 closing 0.02 percent lower at 102 yuan (about 15.27 U.S. dollars).

The December 2016 contract closed 0.07 percent lower at 101.4 yuan. The March 2017 contract finished 0.1 percent lower at 101.1 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