Treasury bond futures close a bit higher
China’s treasury bond futures closed higher onMonday, with the contract for settlement in September 2016 closing 0.12 percent higher at 102.2 yuan ($15.39). The December 2016 contract closed 0.11 percent higher at 101.8 yuan. TheMarch 2017 contract finished 0.08 percent higher at 101.5 yuan. The contracts are agreements to buy or sell treasury bonds at a predetermined price and set date. The treasury bond futures were launched at the Shanghaibased China Financial Futures Exchange and started trading on September 6, 2013. gold and copper prices and the closure of some of its mines weighed down on the results. The company said onMonday that its net profit of $332 million for the year to June 30, slipped by 12 percent. “Newcrest’s financial performance in the 2016 financial year was solid, with all sites contributing positive free cash flow and the group achieving a 27 percent reduction in net debt,” Newcrest managing director and chief executive officer Sandeep Bisw said in a statement. honey from China and sell it back (to China) under our brand Capilano is not true at all,” he said. in 2004, English said. “New Zealand has a stable, well-capitalized banking sector that held up well in the face of the global financial crisis and I expect the IMF to comment favorably on both it and the improvements to the regulatory landscape since its last report,” he said in a statement.