USEUROPEAFRICAASIA 中文双语Français
Business
Home / Business / Finance

China treasury bond futures end up-- September 13

Xinhua | Updated: 2013-09-13 16:30

BEIJING -- China's treasury bond futures closed higher on Friday, with the contract for settlement in December 2013, the most actively traded, rose 0.012 yuan to close at 93.764 yuan ($15.12).

The contract for settlement in March 2014 gained 0.024 yuan to 93.892 yuan, while the contract for settlement in June 2014 edged up 0.022 yuan to 93.972 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 September 6, 2013.

The CFFEX set the base value for the December 2013 contract at 94.168 yuan, the March 2014 contract at 94.188 yuan and the June 2014 contract at 94.218 yuan.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US