Off the wire
• Chinese shares open mixed Thursday  • China Caixin manufacturing PMI slumps to 50 in August  • Backgrounder: Chronology of Brazilian president Rousseff's impeachment process  • Aussie researchers find world's oldest fossils in Greenland  • S. Korea's exports rebound in 20 months in August  • Aust'n ecology experts urge state gov't to cull 5,000 wild horses  • Market exchange rates in China -- Sept. 1  • Chinese yuan strengthens to 6.6784 against USD Thursday  • Aust'n state increases education places for asylum seekers by 500 pct  • Xinhua World News Summary at 0130 GMT, Sept. 1  
You are here: 　 Home

China treasury bond futures open lower Thursday

Xinhua, September 1, 2016 Adjust font size:

China's five-year treasury bond futures opened lower on Thursday, with the contract for settlement in September 2016 opening 0.99 percent lower at 100.8 yuan (about 15.09 U.S. dollars).

The contract for settlement in December 2016 opened 0.03 percent lower at 101.28 yuan. The contract for settlement in March 2017 opened 0.005 percent lower at 100.995 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