CME CBOT: ZB 20-Year US Treasury Bond (20Y T-Bond) Futures prices chart

20-Year US Treasury Bond Futures (20Y T-Bond, CME CBOT: ZB) :
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.

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.