Futures in China
5-year Treasury Bond Futures Contract 2014-09-01
Underlying Bond Nominal medium-term treasury bond with face value of RMB1 million and coupon rate of 3%
Deliverable Bond Treasury coupon bond with the remaining term of 4-7 years after the first day of the expiry month
Quotation RMB100 net price
Tick Size RMB0.002
Contract Months Three recent quarterly months (cycling of three recent quarterly months among March, June, September and December)
Trading Hours 09:15 am - 11:30 am, 01:00 pm - 03:15 pm
Trading Hours on Last Trading Day 09:15 am - 11:30 am
Limit Up/Down +/-2% of settlement price on the previous trading day
Minimum Margin Requirement 2% of the contract value
Last Trading Day The 2nd Friday of the expiry month of the contract
Last Delivery Day The 3rd trading day after the last trading day
Delivery Method Physical delivery
Transaction Code TF
Exchange China Financial Futures Exchange