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BEIJING, June 15 (Xinhua) -- China's treasury bond futures closed flat on Thursday, with the September 2017 contract and the December 2017 contract all closing flat at 97.9 yuan (14.4 U.S. dollars).
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.)
