Markets > Futures

China 2-year treasury bond futures open lower Thursday

2019-04-04 10:31

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BEIJING, April 4 (Xinhua) -- China's 2-year treasury bond futures opened lower on Thursday, with the contract for June 2019 opening at 100.16 yuan (about 14.95 U.S. dollars), down 0.01 percent.

The contract for settlement in September 2019 opened at 100.055 yuan, unchanged from Wednesday's close.

The contract for settlement in December 2019 opened flat at 100.865 yuan.

The contracts are agreements to buy or sell treasury bonds at a predetermined price on a 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 Aug. 17, 2018.
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