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ecns
China treasury bond futures close lower Tuesday
http://www.ecns.cn/business/2015/07-14/173071.shtml
Jul 14th 2015, 07:46
China's treasury bond futures closed lower on Tuesday, with the contract for settlement in September 2015 down 0.25percent to finish at 96.695 yuan (around 15.6 U.S. dollars).
The contract for settlement in December lost 0.19 percent to end at 98.62 yuan. The March 2016 contract slipped 0.14 percent to 99.275 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.
China treasury bond futures open mixed on July 9
China treasury bond futures close higher Thursday
China treasury bond futures open mixed on April 30
China treasury bond futures open lower on April 24
China treasury bond futures close higher on April 15
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