5 Year Treasury Note Futures Contract
U.S. Treasury notes, or T-Notes, represent a loan to the U.S. government. T-Note holders are creditors rather than equity or share-holders. The U.S. government agrees to repay the principal or par amount of the security at maturity, plus coupon interest. Participating in 5 year T-Note futures allows a trader to assess the direction of interest rates as well the ability to hedge risk at the short end of a yield curve. 5 year T-Note futures can also allow an investor to use a different trading strategies such as spread trading against different Treasury futures.
Face value at maturity of $100,000
CME Globex: ZF
CME Globex: Sunday – Friday 5:00 p.m. – 4:00 p.m. Chicago/Central Time (CT).
1/4 of 1/32 of one point = $7.8125
Quarterly: March, June, September & December
Price Limit / Circuit
Since 2001, Insignia Futures & Options has been providing commodity futures brokerage services to investors from all over the world.
Take the next step and open your futures trading account today…