Interest Rate Products
Interest Rate Products is one of the indicators of the economic climate and the index can vary depending on diverse factors like economy,
government policy and natural disasters.
Commodities for trading are
KTB FUTURES (3-year),
KTB FUTURES (5-year),
KTB FUTURES (10-year),
KTB FUTURES (10-year)
KTB FUTURES (10-year)
Specification
| Underlying Asset | 10-year Treasury Bond with 5% coupon rate |
|---|---|
| Trading Unit | KRW 100 million |
| Trading Hours | - 09 : 00 ~ 15 : 15 (Mon. - Fri.) - 09 : 00 ~ 11 : 30 (Last trading day) |
| Minimum Price Fluctuation | 0.01, representing a value of KRW 10,000 |
| Last Trading Day | Third Tuesday of contract month |
| Final Settlement Day | Second business day following the Last Trading Day |
| Settlement Method | Cash settlement |
| Daily Price Limit | Base Price +/- (Base Price x 2.7%) |
| Net Position Limit | 10,000 |
| Launch Date | 25-Feb-2008 |
| Contract Months | The first three months in the quarterly cycle |
| Single Price Auction | 1-hour Opening Session (08:00 ~ 09:00) 10-minute Closing Session (15:05 ~ 15:15) * Closing Session on Last Trading Day (11:20 ~ 11:30) |
