China 5-year treasury bond futures open lower Wednesday

0 Comment(s)Print E-mail Xinhua, August 14, 2019
Adjust font size:

BEIJING, Aug. 14 (Xinhua) -- China's five-year treasury bond futures opened lower on Wednesday, with the contract for settlement in September 2019 opening 0.05 percent lower at 100.26 yuan (about 14.26 U.S. dollars).

The contract for settlement in December 2019 opened 0.01 percent lower at 100.12 yuan. The contract for settlement in March 2020 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

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