BEIJING Carlos Salcedo World Cup Jersey , Sept. 19 (Xinhua) -- China's five-year treasury bond futures closed higher on Tuesday, with the contract for settlement in December 2017 closing 0.09 percent higher at 97.6 yuan (about 15 U.S. dollars).
The March 2018 contract closed 0.09 percent higher at 97.75 yuan. The June 2018 contract closed 0.23 percent higher at 97.82 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.
(This article is generated by Xinhua News Robot.)
China to build cross-provincial national park for giant panda
Contest for China Acrobatics Golden Chrysanthemum Awards held in Shandong
Scenery of Xianghongdian reservoir in east China's Anhui
Rally held in Greece to commemorate murdered anti-fascist activist
China to build cross-provincial national park for giant panda
Aerial view of paddy fields in SW China's Guizhou
Special snacks displayed during 14th China-ASEAN Expo
Scenery of paddy fields in Baicheng Carlos Pena World Cup Jersey , NE China's Jilin
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