Off the wire
• China Hushen 300 index futures close higher Wednesday  • Chinese shares close higher Wednesday  • 408 hectares of parks and green areas added to Beijing  • Nets continue road troubles, fall to Raptors  • Tokyo shares close lower on gains lock-in  • 1st LD Writethru: 6 die in hotel fire in western India  • Kvitova to miss training at least 3 months after burglar attack  • 21 college students suspended for ragging juniors in southern Indian college  • 13 Taliban including group commander killed in N. Afghanistan  • India condemns Russian envoy's assassination in Turkey  
You are here: 　 Home

China treasury bond futures close higher Wednesday

Xinhua, December 21, 2016 Adjust font size:

China's treasury bond futures closed higher on Wednesday, with the contract for settlement in March 2017 up 1.09 percent at 98.85 yuan (about 14.23 U.S. dollars).

The June 2017 contract closed 1.16 percent higher at 98.17 yuan. The September 2017 contract closed 1.19 percent higher at 97.72 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