Off the wire
• China Hushen 300 index futures close lower Tuesday  • Rare ibis spotted in SW China  • Across China: A small county's breadwinners rise to the occasion  • Xinjiang gold output up in 2016  • Saudi police foil terror attempt to burn Kaaba in Mecca  • Saudis below 40 forbidden to travel to Iraq alone  • China shares drop Tuesday  • DeRozan's return fuels Raptors past Clippers  • Three Chinese smartphone brands top 2016 shipments in China  • Suicide attack on police station injures 2 in NW Pakistan  
You are here: 　 Home

China treasury bond futures close higher Tuesday

Xinhua, February 7, 2017 Adjust font size:

China's treasury bond futures closed higher on Tuesday, with the contract for settlement in March up 0.26 percent at 99.105 yuan (14.45 U.S. dollars).

The June contract closed 0.17 percent higher at 97.605 yuan. The September contract closed 0.16 percent higher at 96.89 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