Arab Today, arab today china treasury bond futures open higher tuesday
Last Updated : GMT 18:21:20
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China treasury bond futures open higher Tuesday

Arab Today, arab today

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

Beijing - XINHUA

China's treasury bond futures opened higher on Tuesday, with contract for settlement in June opening up 0.004 yuan at 92.558 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 (CFFEX) and started trading on Sept. 6, 2013. The FFEX set the base value for the December 2013 contract at 94.168 yuan, the March 2014 contract at 94.188 yuan and the June 2014 contract at 94.218 yuan. 

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