CME Group 2-Year US Treasury Note

From MarketsWiki
Jump to: navigation, search

2-Year US Treasury Note futures
Exchange CME Group
Settlement Physically delivered
Contract Size One U.S. Treasury note having a face value at maturity of $200,000. U.S. Treasury notes with original term to maturity of not more than five years and three months and remaining term to maturity of not less than one year and nine months from the first day of the delivery month, and remaining term to maturity of not more than two years from the last 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 note ($1 par value) to yield 6 percent.
Pricing Unit Quoted in points ($2,000) and quarters of 1/32 of a point; for example, 91-16 represents 91 16/32, 91-162 represents 91 16.25/32, 91-165 represents 91 16.5/32 and 91-167 represents 91 16.75/32.
Tick Value Regular: 1/4 of 1/32 = $15.625
Contract Months First five consecutive contracts in the Mar, Jun, Sep and Dec quarterly cycle.
Last Trading Day Need LTD rules!
Note: This contract is electronic ONLY -- no open outcry
  No Open Outcry Electronic
Trading Hours N/A Sunday/Friday 5:30 p.m.-4:00 p.m. CT; Shutdown period from 4:00 p.m. to 5:00 p.m. nightly.
Ticker Symbol N/A ZT
Price Limits N/A N/A



CME Group 2-Year US Treasury Note Contract Specifications