china treasury bond futures open higher wednesday
Last Updated : GMT 05:17:37
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Last Updated : GMT 05:17:37
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China treasury bond futures open higher Wednesday

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Emiratesvoice, emirates voice China treasury bond futures open higher Wednesday

Beijing - XINHUA
China's treasury bond futures opened mixed on Wednesday, with contract for settlement in June opening 0.066 yuan higher at 92.096 yuan (14.98 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 or profit from the movements in the value of the bonds. The treasury bond futures were launched at the Shanghai-based China Financial Futures Exchange (CFFEX) and started trading on Sept. 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.

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china treasury bond futures open higher wednesday china treasury bond futures open higher wednesday

 



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