Deliverable Bond

Treasury coupon bond with the remaining term of 4.5-5.25 years after the first day of the expiry month

Quotation

RMB100 net price

Tick Size

RMB0.005

Contract Months

Three recent quaterly months(a cycle 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

+/-1.2% of the settlement price on the previous trading day

Minimum Margin Requirement

1% of the contract value

Last Trading Day

The second Friday of the expiry month of contract

Last Delivery Day

The third trading day after the last trading day

Settlement Method

Physical delivery

Transaction Code

T

Exchange

China Financial Futures Exchange