Off the wire
• China Hushen 300 index futures close higher Tuesday  • Central authorities resolved to fight against "Hong Kong independence": People's Daily  • Portugal eyes Web Summit for economic chance  • Chinese shares close higher Tuesday  • Australia Perth zoo loses African lion during dental surgery  • Fiji seeks stronger ties with Israel  • U.S. grants new LA-Beijing flight to American Airlines  • Tokyo shares close mixed in cautious trade before U.S. election  • Feature: Fear of Clinton presidency drives gun sales skyward in U.S. on eve of election  • APEC key mechanism for dialogue, says Mexico's economic chief  
You are here: 　 Home

China treasury bond futures close lower Tuesday

Xinhua, November 8, 2016 Adjust font size:

China's treasury bond futures closed lower on Tuesday, with the contract for settlement in December 2016 down 0.01 percent at 101.77 yuan (about 15 U.S. dollars).

The March 2017 contract closed 0.03 percent lower at 101.29 yuan. The June 2017 contract closed 0.05 percent lower at 100.96 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