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China treasury bond futures close mixed Tuesday

Xinhua, October 18, 2016 Adjust font size:

China's treasury bond futures closed mixed on Tuesday, with the contract for settlement in December 2016 closed 0.015 percent lower at 101.84 yuan (about 15.13 U.S. dollars).

The March 2017 contract closed 0.005 percent lower at 101.575 yuan. The June 2017 contract closed 0.025 percent higher at 101.270 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