China treasury bond futures close lower Wednesday
Take me away, mom Animals on the Road	“Water Margin” on eggs Cat the occupier Adorable animals pose like stars Cuddle up together, battling against blizzard Sunshine in the life

 

China's treasury bond futures closed lower on Wednesday, with the contract for settlement in June 2017 closing 0.15 percent lower at 99.06 yuan (about 14.38 U.S. dollars).

The September 2017 contract closed 0.08 percent lower at 98.46 yuan. The December 2017 contract closed 0.17 percent lower at 97.83 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.

Author： 　　　Source：xinhua　　　 Editor：Yang Fan