Treasury bond futures were launched on September 6, 2013. On this day, Treasury bond futures were officially listed for trading on the China Financial Futures Exchange.

Treasury bond futures are a type of financial futures and an advanced financial derivative. In the context of the instability of the US financial market in the 1970s, in order to meet the needs of investors to avoid interest rate risks, Treasury bond futures were thus created.

The strong demand of fixed-rate government bond holders for risk management and bond value preservation has led to the emergence of government bond futures with hedging functions.

Because the launch of treasury bond futures has certain requirements for the development of the treasury bond spot market, for example, the treasury bond spot market must have a certain scale and strong liquidity, etc.

At present, not many countries in the world have launched treasury bond futures markets.