30 Year US Treasury Bonds Futures Contract Specs.
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| 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. |
| 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 |
| Margin Information | Find information on margins requirements for the 30 Year U.S. Treasury Bonds. |