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China Treasury Bond Futures Close Mixed Tuesday-July 11
 

China's treasury bond futures closed mixed on Tuesday, with the contract for settlement in September 2017 closing 0.02 percent lower at 97.9 yuan (about 14.4 U.S. dollars).

The December 2017 contract closed 0.01 percent lower at 97.94 yuan. The March 2018 contract closed 0.06 percent higher at 97.915 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.

The treasury bond futures were launched at the Shanghai-based China Financial Futures Exchange and started trading on Sept. 6, 2013.


(www.chinaview.cn 2017-07-12)
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