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

ecns [expanded by feedex.net]

ecns

China treasury bond futures close lower Monday
http://www.ecns.cn/business/2014/11-17/143036.shtml
Nov 17th 2014, 09:00





2014-11-17 17:00


China's treasury bond futures closed lower on Monday, with the contract for settlement in December down 0.5 percent to finish at 95.8 yuan ($15.6).


The contract for settlement in March 2015 lost 0.36 percent to close at 96.4 yuan. The contract for settlement in June 2015 retreated 0.28 percent to finish at 96.8 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 and started trading on Sept. 6, 2013.









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