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BEIJING Ezekiel Elliott Jersey , Aug. 1 (Xinhua) -- China's five-year treasury bond futures opened lower on Tuesday, with the contract for settlement in September 2017 opening 0.02 percent lower at 97.32 yuan (about 14.5 U.S. dollars).


The contract for settlement in December 2017 opened 0.04 percent lower at 97.55 yuan. The contract for settlement in March 2018 had no trading at opening.


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.


(This article is generated by Xinhua News Robot.)


President Xi attends reception for founding anniversary of PLA


Xi reviews parade in field for first time


China should boost digital economy: Premier Li


China's ice breaker Xuelong enters Arctic Ocean


Military parade held to mark PLA 90th birthday (Part I)


SWAT team members take part in drill


Acrobatic show staged in China's Xinjiang


Martial arts competition held in China's Henan

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