China treasury bond futures open higher Monday

0 Comment(s)Print E-mail Xinhua, June 19, 2017
Adjust font size:

China's five-year treasury bond futures opened higher on Monday, with the contract for settlement in September 2017 opening 0.07 percent higher at 97.94 yuan (14.41 U.S. dollars).

The contract for settlement in December 2017 opened 0.04 percent higher at 97.87 yuan. The contract for settlement March 2018 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.

Follow on Twitter and Facebook to join the conversation.
ChinaNews App Download
Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Enter the words you see:   
    Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from