Trea­sury bond fu­tures close slightly lower

China Daily (USA) - - BUSINESS -

China’s trea­sury bond fu­tures closed lower onMon­day, with the con­tract for set­tle­ment in De­cem­ber 2016 down 0.14 per­cent to close at 101.29 yuan ($15.14). TheMarch 2017 con­tract closed 0.15 per­cent lower at 100.96 yuan. The June 2017 con­tract fin­ished 0.48 per­cent lower at 100.63 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.

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