China 2-year treasury bond futures open mixed Wednesday

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BEIJING, May 22 (Xinhua) -- China's 2-year treasury bond futures opened mixed on Wednesday, with the contract for June 2019 opening flat at 100.06 yuan (14.5 U.S. dollars).

The contract for settlement in September 2019 opened higher at 99.915 yuan, up 0.02 percent.

The contract for December 2019 had no trading on Wednesday.

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 Aug. 17, 2018. Enditem

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