ecns [expanded by feedex.net]
ecns
China treasury bond futures open mixed Monday
http://www.ecns.cn/business/2014/08-11/128830.shtml
Aug 11th 2014, 01:37
2014-08-11 10:37 Xinhua
China's treasury bond futures opened mixed on Monday, with contract for settlement in September opening at 92.998 yuan (15.12 U.S. dollars), up 0.008 yuan.
The contract for settlement in December fell 0.03 yuan to open at 93.450 yuan. The March 2015 contract saw no trading at the opening.
The contracts are agreements to buy or sell treasury bonds at a predetermined price and set date. They allow investors to bet on or 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.
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