BEIJING  michael kors accessories sale uk , 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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