BEIJING - China's treasury bond futures closed slightly higher on Wednesday, with the contract for settlement in June up 0.03 percent to close at 93 yuan ($15.11).
The contract for settlement in September rose 0.1 percent to close at 93.4 yuan. The contract for December settlement gained 0.08 percent to close at 93.5 yuan.
The contracts are agreements to buy or sell treasury bonds at a predetermined price and 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 (CFFEX) and started trading on Sept. 6, 2013.
China issues seven-year treasury bonds
Five-week record stock market fall
Shanghai-HK mutual stock trade to be settled in yuan
|
 |
 |
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263 Registration Number: 20100000002731 
