China treasury bond futures close higher Monday

0 Comment(s)Print E-mail Xinhua, March 12, 2018
Adjust font size:

BEIJING, March 12 (Xinhua) -- China's treasury bond futures closed higher on Monday, with the contract for settlement in June 2018 closing 0.06 percent higher at 96.61 yuan (about 15.26 U.S. dollars).

The contract for settlement in September 2018 closed 0.05 percent higher at 96.65 yuan. The contract for settlement in December 2018 had no trading.

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 Robot.)

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