|
BEIJING, Jan. 10 (Xinhua) -- China's treasury bond futures closed mixed on Tuesday, with the contract for settlement in March 2017 closed 0.045 percent lower at 99.55 yuan (about 14.4 U.S. dollars).
The June 2017 contract closed 0.035 percent lower at 98.69 yuan. The September 2017 contract closed 0.066 percent higher at 98.2 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.
(This article is generated by Xinhua News Robot.)
