China 2-year treasury bond futures open mixed Monday

0 Comment(s)Print E-mail Xinhua, June 17, 2019
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BEIJING, June 17 (Xinhua) -- China's two-year treasury bond futures opened mixed on Monday, with the contract for September 2019 opening 0.04 percent higher at 100.13 yuan (about 14.52 U.S. dollars).

The contract for settlement in December 2019 opened higher at 99.94 yuan, up 0.08 percent. The contract for settlement in March 2020 edged down 0.09 percent at 99.77 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 Aug. 17, 2018. Enditem

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