China 10-year treasury bond futures close higher Wednesday

0 Comment(s)Print E-mail Xinhua, June 05, 2019
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BEIJING, June 5 (Xinhua) -- China's 10-year treasury bond futures closed higher on Wednesday, with the contract for June 2019 closing 0.12 percent higher at 98.06 yuan (about 14.23 U.S. dollars).

The contract for settlement in September 2019 closed 0.16 percent higher at 97.51 yuan. The contract for settlement in December closed 0.15 percent higher at 96.98 yuan.

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 March 20, 2015. Enditem

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