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China treasury bond futures close mixed Tuesday

Xinhua, November 22, 2016 Adjust font size:

China's five-year treasury bond futures closed mixed on Tuesday, with the contract for settlement in December closing 0.005 percent lower at 101.26 yuan (about 14.7 U.S. dollars).

The March 2017 contract closed 0.02 percent lower at 100.44 yuan. The June 2017 contract closed 0.005 percent higher at 100.07 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