Contract Specifications:ZB,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: | Electronic: 6:00 pm - 4:00 pm, Chicago time, Sunday - Friday
Trading in expiring contracts closes at noon, Chicago time, on the last trading day | | Daily Limit: | none | |