Chinese Relaunch Government Bond Futures Today

Much anticipated Chinese government bond futures debut today on the China Financial Futures Exchange today.

The reintroduction of the financial instrument came 18 years after its ban in 1995 after a market scandal.

The trading of the bond futures was active on the first day, according to China Financial Futures Exchange.

The future contracts are allowed to move a maximum of four percentage points on either side of their benchmark prices, and two percent in either direction from the second trading day.

 
China Expert network

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