China treasury bond futures open mixed Monday
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China's five-year treasury bond futures opened mixed on Monday.

The contract for settlement in June 2017 opened 0.020 percent lower at 98.420 yuan (about 14.31 U.S. dollars). The contract for settlement in September 2017 opened at 97.765 yuan, 0.026 percent higher from the previous close.

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.

Author： 　　　Source：xinhua　　　 Editor：Yang Fan