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The Analysis of the Characteristics and the Reasons of China Treasury Bond Futures

International Journal of Financial Management

Volume 6 Issue 2

Published: 2016
Author(s) Name: Ming Li, Shaofeng Yuan, Yiwen Jiang | Author(s) Affiliation:
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Abstract

Treasury bond futures basis is one of the core indicators of futures market operation quality. Identifying characteristics and causes of futures basis from an objective respect are of realistic significance for correctly understanding and improving the treasury bond futures market. Based on the analysis of Chinas treasury bond futures basis, the article summarizes the main factors affecting treasury bond futures basis, elaborates the market impact of characteristics of treasury bond futures spread, and then offers a proposal to improve the treasury bond futures market.

Keywords: Treasury Bond Futures, Basis, Characteristics

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