Thursday, February 13, 2014

ecns [expanded by feedex.net]: China treasury bond futures close higher

ecns [expanded by feedex.net]

ecns

China treasury bond futures close higher
http://www.ecns.cn/business/2014/02-13/100714.shtml
Feb 13th 2014, 07:12



2014-02-13 16:12


China's treasury bond futures closed higher on Thursday, with the contract for settlement in March 2014, the most actively traded, up 0.10 percent to close at 92.584 yuan (15.152 U.S. dollars).


The contract for settlement in June closed at 92.976 yuan, up 0.10 percent, while the contract for settlement in September edged up 0.05 percent to 93.196 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.


The CFFEX set the base value for the December 2013 contract at 94.168 yuan, the March 2014 contract at 94.188 yuan and the June 2014 contract at 94.218 yuan.





0)





You are receiving this email because you subscribed to this feed at https://blogtrottr.com

If you no longer wish to receive these emails, you can unsubscribe here:
https://blogtrottr.com/unsubscribe/qhG/Zc7fXt

No comments:

Post a Comment