China treasury bond futures open lower Wednesday

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

BEIJING, Dec. 12 (Xinhua) -- China's five-year treasury bond futures opened lower on Wednesday, with the contract for settlement in March 2019 down 0.1 percent at 99.055 yuan (14.34 U.S. dollars).

The contracts for settlement in December 2018 and June 2019 had no trading at opening.

The contracts are agreements to buy or sell treasury bonds at a predetermined price on a 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.)

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 China.org.cnMobileRSSNewsletter