CME CBOT: UB 30-Year Ultra U.S. Treasury Bond Futures (Ultra T-Bond) Futures prices chart
30-Year Ultra U.S. Treasury Bond Futures (Ultra T-Bond, CME CBOT: UB) :
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.
Listed Contracts: The first three consecutive contracts in the March, June, September, and December quarterly cycle.
Termination Of Trading: Seventh business day preceding the last business day of the delivery month.
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.
Trading Hours: Sunday - Friday 5:00 p.m. - 4:00 p.m. CT with a 60-minute break each day beginning at 4:00 p.m.