Off the wire
Market exchange rates in China -- May 5  • Chinese yuan strengthens to 6.8884 against USD Friday  • Hoffenheim game like a final, says Reus  • Spurs' Tony Parker out for rest of the season  • Ligue 1 bottom-dwellers Bastia suffer triple punishment for fan violence  • World champion Selby named snooker Player of the Year  • Chinese shares open lower Friday  • 1st LD: UN chief hopes to see accord improve lives in war-torn Syria  • Australians warned of huge number of deadly mushrooms sprouting  • Neymar ordered to stand trial over Barcelona move  
You are here:   Home

China treasury bond futures open lower Friday

Xinhua, May 5, 2017 Adjust font size:

China's five-year treasury bond futures opened lower on Friday, with the contract for settlement in June 2017 opening 0.031 percent lower at 97.780 yuan (about 14.18 U.S. dollars).

The contract for settlement in September 2017 opened 0.026 percent lower at 97.620 yuan. The contract for settlement in December 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 Robo