Ultra 10 Year Treasury Note Futures Contract
Ultra 10-Year Note futures provide a more efficient, off-balance-sheet, and precise way to trade 10-year Treasury exposure. Launched in 2016 to address marketplace demand for a futures contract more closely tied to the 10-year maturity point on the Treasury yield curve. Deliverable basket is original issue 10-Year U.S Treasury Notes, with remaining terms to maturity at delivery between 9 years 5 months and 10 years. Highly complementary to existing benchmarks, enabling new spread and curve trading opportunities.
Contract Unit
Face value at maturity of $100,000
Futures Contract
Symbol
CME Globex: TN
Trading Hours
CME Globex: Sunday – Friday 5:00 p.m. – 4:00 p.m. Chicago/Central Time (CT).
Minimum Price
Fluctuation
1/2 of 1/32 of one point = $15.625
Contract Months
Quarterly: March, June, September & December
Settlement Method
Deliverable
Price Limit / Circuit
Source: CME Group
The above information was derived from sources believed to be reliable and accurate. It is provided without guarantees and is subject change without notice.
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