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CME 20-Year U.S. Treasury Bond

20-Year U.S. Treasury Bond futures will offer greater efficiency and precision in managing exposure at the 20-year maturity point on the U.S. Treasury curve. Enjoy new curve and basis spreading opportunities with a contract that creates a close proxy for forward-starting cash 20-year bond exposures through a deliverable basket of the four most recently issued 20-year Treasury bonds with a remaining term to maturity between 19 years 2 months to 20 years.

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20-YEAR U.S. TREASURY FUTURES
PRODUCT CODE TWE
SETTLEMENT Deliverable
PRICE CONVENTION Points and fractions of points with par on the basis of 100 points
CONTRACT SIZE $100,000 Face Value At Maturity
DOLLAR VALUE OF ONE TICK $31.25 (1/32nd of One Point)
EXPIRATION SCHEDULE 3 consecutive quarterly contracts (Mar, Jun, Sep, Dec)
TRADING HOURS CME Globex:
Sunday – Friday 5:00 p.m. – 4:00 p.m. CT

 

LISTING EXCHANGE CBOT
MORE PRECISE 20Y HEDGING
YIELD CURVE SPREADS
CAPITAL EFFICIENCIES
AVAILABLE ON EDGEPROX

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