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MSB Interest Rate Futures

SPECIFICATION

Underlying Instrument

364 days Monetary Stabilization Bond

Trading Unit

KRW 200 million

Contract Months

The first four consecutive months in the
quarterly cycle (Mar, Jun, Sep, Dec)

Number of Contracts Iisted

2 contract months

Trading Hours
(Korean Standard Time)

Single Price Auction:
Orders gathered during the pre-open session between 8:00 ~ 9:00 Local time
09:00 ~15:05 (Mon-Fri) , 15:05 ~15:15(SPA)
09:00 ~11:30 (Last trading day)

Price Quotation

100 - R (R: annualized yield)

Minimum Price Fluctuation

0.01, representing a value of KRW 20,000

Last Trading Day

Third Tuesday of the contract month

Final Settlement Day

First trading day preceding the last trading day

Settlement Method

Cash Settlement

Daily Price Limit

None