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China treasury bond futures open mixed Tuesday

Xinhua, February 14, 2017 Adjust font size:

China's five-year treasury bond futures opened mixed on Tuesday, with the contract for settlement in March 2017 opening 0.055 percent higher at 99.575 yuan (about 14.45 U.S. dollars).

The contract for settlement in June 2017 opened 0.031 percent lower at 98.245 yuan. The contract for settlement in September 2017 opened at 97.410 yuan, 0.144 percent lower from the previous close.

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