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China treasury bond futures open mixed Thursday

Xinhua, April 13, 2017 Adjust font size:

China's five-year treasury bond futures opened mixed on Thursday, with the contract for settlement in June 2017 opening 0.010 percent lower at 99.000 yuan (about 14.42 U.S. dollars).

The contract for settlement in September 2017 opened 0.107 percent higher at 98.570 yuan. The contract for settlement in December 2017 opened 0.01 percent higher at 97.985 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. Enditem

(This article is generated by Xinhua News Robo