ecns [expanded by feedex.net]: China treasury bond futures open lower Wednesday

ecns [expanded by feedex.net]

ecns

China treasury bond futures open lower Wednesday
http://www.ecns.cn/business/2014/07-30/126874.shtml
Jul 30th 2014, 01:25





2014-07-30 10:25 Xinhua


China's treasury bond futures opened lower on Wednesday, with contract for settlement in September opening at 93.012 yuan (15.09 U.S. dollars), down 0.038 yuan.


The contract for settlement in December opened 0.06 yuan lower at 93.408 yuan.


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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