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Interest Rate Products

Korea Treasury Bond Futures (3Year)

SPECIFICATION

SPECIFICATION
Underlying Asset 3-year Korea Treasury Bond with semi -annual 5% coupon rate
Contract Size KRW 100 million (face value)
Price Quotation KRW 100 nominal value, to two decimal places
Tick Size & Value 0.01 point, representing a value of KRW 10,000
Contract Months The first two consecutive month in the quarterly cycle
(March, June, September and December)
Number of Contracts Iisted 2 contract months at a time
Margin* Initial Margin Rate : 0.60%
Maintenance Margin Rate :0.40%
Trading Hours
(Korean Standard Time)
Single Price Auction: 08:00 ~ 09:00 and 15:35 ~ 15:45
09:00 ~15:45 (Mon-Fri)
09:00 ~11:30 (Last trading day)
Last Trading Day Third Tuesday of the contract month
Final Settlement Day Following day of the last trading day
Settlement Method Cash settlement
Daily Price Limit 1.5%
Listing Date September 29, 1999
Price Information Sources Reuters:o#KTB:
Telerate:KR@KTByym
Bloomberg:KEA Comdty

3y KTB Futures Margin Requirement

  • Initial Margin
    0.60% of the contract value(When KTB futures price is 100.00, it is equal to "100.00*10,000*100*0.60%")
  • Maintenance Margin
    0.40% of the contract value(When KTB futures price is 100.00, it is equal to"100.00*10,000*100*0.40%")