US Treasury Bond and Note Futures : 30Y UB, 20Y ZB, 10Y ZN, 5Y ZF, 2Y ZT [Weekly]
30 Year Ultra U.S. Treasury Bond (30Y T-Bond, CME CBOT: UB Futures) : U.S. Treasury debt obligation that has a maturity of 30 years. 30-year Treasury will generally pay a higher interest rate than shorter Treasuries to compensate for the additional risks inherent in the longer maturity. Product Code: UB. Contract Unit: Face value at maturity of $100,000. Price Quotation: Points and fractions of points with par on the basis of 100 points. Minimum Price Fluctuation: One 32nd of one point ($31.25 per contract), except for intermonth spreads for which the minimum price increment is one quarter of one thirty-second of one point ($7.8125). Settlement Method: Deliverable. Grade And Quality: U.S. Treasury bonds with remaining term to maturity of not less than 25 years from the first day of the futures contract delivery month.
20 Year Treasury Bond (20Y T-Bond, CME CBOT: ZB Futures) : U.S. Treasury debt obligation that has a maturity of 30 years. 20-year Treasury will generally pay a higher interest rate than shorter Treasuries to compensate for the additional risks inherent in the longer maturity. Contract Unit: Face value at maturity of $100,000, Price Quotation: Points and fractions of points with par on the basis of 100 points, Settlement Method: Deliverable, Grade And Quality: Bonds that have remaining term to maturity of at least 15 years and less than 25 years from the first day of the futures delivery month.
10 Year Treasury Note (10Y T-Note, CME CBOT: ZN Futures) : The price fluctuation of Treasury Note is small. This makes traders bored, on the other hand, it allows traders to do relatively safer and more stable trading. In that sense, Treasury Note is a good item for trading. Contract Unit: Face value at maturity of $100,000. Price Quotation: Points and fractions of points with par on the basis of 100 points. Minimum Price Fluctuation: One-half of one thirty-second (1/32) of one point ($15.625, rounded to the nearest cent per contract), except for intermonth spreads, where the minimum price fluctuation shall be one-quarter of one thirty-second of one point ($7.8125 per contract). Deliverable.
5-Year Treasury Note (5Y T-Note, CME CBOT: ZF Futures) : Product Code : CME Globex: ZF. Contract Unit : Face value at maturity of $100,000. Price Quotation : Points and fractions of points with par on the basis of 100 points. Minimum Price Fluctuation : One-quarter of one thirty-second (1/32) of one point ($7.8125, rounded to the nearest cent per contract), including intermonth spreads. . Settlement Method : Deliverable. Termination Of Trading : Last business day of the calendar month. Trading in expiring contracts closes at 12:01 p.m. on the last trading day. Listed Contracts : The first three consecutive contracts in the March, June, September, and December quarterly cycle.
2 Year Treasury Note (2Y T-Note, CME CBOT: ZT Futures) : Product Code: ZT. Contract Unit: Face value at maturity of $200,000. Price Quotation: Points and fractions of points with par on the basis of 100 points. Minimum Price Fluctuation: One-eighth of one thirty-second (1/32) of one point ($7.8125, rounded to the nearest cent per contract), including intermonth spreads. Settlement Method: Deliverable.