Trea­sury bond fu­tures close a bit higher

China Daily (USA) - - BUSINESS -

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.

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