Off the wire
China Hushen 300 index futures open lower Friday  • Chinese shares open mixed Friday  • Chinese yuan strengthens to 6.8909 against USD Friday  • "Offensive" Australia Day ad slammed for depicting controversial European settlement  • Colombian president says ex-police chief to become new VP  • Market exchange rates in China -- Jan. 13  • Samsung heir returns to office after being grilled over presidential scandal  • 1st LD: Syrian army accuses Israel of targeting key airbase in Damascus, warning of consequences  • Late goals assure Madrid's quarter-final place, new unbeaten record  • 1st LD Writethru: S. Korea's central bank freezes interest rates at 1.25 pct  
You are here:   Home

China treasury bond futures open lower Friday

Xinhua, January 13, 2017 Adjust font size:

China's five-year treasury bond futures opened lower on Friday, with the contract for settlement in March 2017 opening 0.1 percent lower at 99.51 yuan (about 14.4 U.S. dollars).

The contract for settlement in June 2017 opened 0.106 percent lower at 98.63 yuan. The contract for settlement in September 2017 had no trading at opening.

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 Robot.)