China treasury bond futures open higher Monday

GMT 04:38 2015 Monday ,10 August

Arab Today, arab today China treasury bond futures open higher Monday

china yuan
Beijing - XINHUA

China's five-year treasury bond futures opened higher on Monday, with contract for settlement in September opening at 97.13 yuan (15.88 U.S. dollars), up 0.07 percent.

The contract for settlement in December opened 0.1 percent higher at 99.03 yuan.

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 and started trading on Sept. 6, 2013.

Arab Today, arab today
Arab Today, arab today
arabtoday arabtoday arabtoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabs, Arab, Arab