China treasury bond futures close lower Monday
BEIJING, Sept. 10 (Xinhua) -- China's treasury bond futures d lower Monday, with the contract for settlement in December 2018 d 0.17 percent lower at 97.45 yuan (about 14.25 U.S. dollars).
The contract for settlement in March 2019 d 0.22 percent lower at 97.51 yuan.
The contracts are agreements to buy or sell treasury bonds at a predetermined price on a set date. They allow investors to bet on and profit from the movements in the value of the bonds.[ Editor: WPY ]