Contract Specifications:US,CBOT | Trading Unit: | One U.S. Treasury Bond having a face value at maturity of $100,000 or multiple thereof. | | Tick Size: | 1/32 of a point ($31.25/contract); par is on the basis of 100 points | | Quoted Units: | Points ($1,000) and one-half of 1/32 of a point | | Initial Margin: | $2,160 Maint Margin: $1,600 | | Contract Months: | Mar, Jun, Sep, Dec | | First Notice Day: | Last business day of month preceding contract month. | | Last Trading Day: | Seventh business day preceding the last business day of the delivery month. | | Trading Hours: | 7:20 a.m. - 2:00 p.m. Chicago time, Mon-Fri.
Afternoon session hours are 2:30 - 4:30 p.m., Chicago time, Mon-Thu
Overnight session hours are from 5:55 p.m. - 6:45 a.m., Sun-Thu.
Trading in expiring contracts closes at noon on the last trading day. | | Daily Limit: | none | |