|
30
Year U.S. Treasury Bonds
|
Contract Size |
|
One U.S. Treasury bond
having a face value at maturity of $100,000 or multiple thereof. |
|
Deliverable Grades
|
|
U.S. Treasury bonds that,
if callable, are not callable for at least 15 years from the first day of
the delivery month or, if not callable, have a maturity of at least 15 years
from the first day of the delivery month. The invoice price equals the
futures settlement price times a conversion factor plus accrued interest.
The conversion factor is the price of the delivered bond ($1 par value) to
yield 6 percent. |
|
Tick Size
|
Minimum price fluctuations
shall be in multiples of one thirty-second (1/32) point per 100 points
($31.25 per contract) except for intermonth spreads, where minimum price
fluctuations shall be in multiples of one-fourth of one-thirty-second point
per 100 points ($7.8125 per contract). Par shall be on the basis of 100
points. Contracts shall not be made on any other price basis.
|
|
Price Quote
|
|
Points ($1,000) and
thirty-seconds of a point; for example, 80-16 equals 80 16/32 |
|
Contract Months
|
|
Mar, Jun, Sep, Dec |
|
Last Trading Day
|
|
Seventh business day
preceding the last business day of the delivery month. Trading in expiring
contracts closes at
noon, Chicago time, on the last trading day. |
|
Last Delivery Day
|
|
Last business day of the
delivery month. |
|
Trading Hours |
|
Open Auction: 7:20 am -
2:00 pm, Chicago time, Monday - Friday
Electronic: 6:00 pm - 4:00 pm, Chicago time, Sunday - Friday
Trading in expiring contracts closes at noon, Chicago time, on the last
trading day |
|
Ticker Symbols
|
|
Open Auction: US
Electronic: ZB |
|
Daily Price Limit
|
|
None |
|
Home Commodity Charts
Tutorials
Trading Articles
Calendar Mailing List
Contract Specs
Contact Us