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China treasury bond futures close mixed Tuesday

Xinhua, December 6, 2016 Adjust font size:

China's treasury bond futures closed mixed on Tuesday, with the contract for settlement in December 2016 closed 0.094 percent higher at 100.940 yuan (about 14.68 U.S. dollars).

The March 2017 contract closed 0.246 percent lower at 99.395 yuan. The June 2017 contract closed 0.237 percent lower at 98.950 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