Video PlayerClose
BEIJING, June 20 (Xinhua) -- China's treasury bond futures closed mixed on Tuesday, with the September 2017 contract closing flat at 98.22 yuan (about 14.42 U.S. dollars).
The December 2017 contract gained 0.01 percent to close at 98.19 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.
