Off the wire
• China Hushen 300 index futures close higher Wednesday  • Tokyo stocks close higher as yen's retreat lifts exporters  • Thailand's Kasikornbank taps into Cambodia's banking market  • Vietnam strives to reduce congestion at overloaded int'l airport  • Top-ranked Lee may quit Badminton Association of Malaysia  • EU delegation in Afghanistan condemns Kabul terrorist attack  • Chinese shares close higher Wednesday  • Thailand pays compensation to workers left jobless by flooding  • Australia could be caught in U.S. trade war with China: expert  • Feature: Vietnamese rush to buy gold on the God of Wealth day  
You are here: 　 Home

China treasury bond futures close higher Wednesday

Xinhua, February 8, 2017 Adjust font size:

China's treasury bond futures closed higher on Wednesday, with the contract for settlement in March 2017 up 0.23 percent at 99.3 yuan (about 14.43 U.S. dollars).

The June 2017 contract closed 0.35 percent higher at 97.9 yuan. The September 2017 contract closed 0.36 percent higher at 97.2 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