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US T-Bill

Contract Size

$1,000,000

Deliverable Grades
N/A
Tick Size

0.005 = $12.50

Price Quote

Points ($1,000) and thirty-seconds of a point; for example, 80-16 equals 80 16/32.

Contract Months

Mar, Jun, Sep, Dec, Four months in March quarterly cycle plus 2 months not in the March cycle (serial months).

Last Trading Day

Futures trading shall terminate at 12:00 noon Chicago time on the business day of the 91 Day U.S. Treasury Bill auction in the week of the third Wednesday of the contract month.

Settlement

The final settlement price shall be 100 minus the highest discount rate accepted in the U.S. Department of Treasury's 91 Day U.S. Treasury Bill auction in the week of the third Wednesday of the contract month.

Trading Hours

Floor: 7:20 a.m.-2:00 p.m LTD( 12:00 p.m.)
GLOBEX®: Mon/Thurs 5:00 p.m.-4:00 p.m. Sun & Hol 5:00 p.m.-4:00 p.m.

Ticker Symbols

Clearing=T1; Ticker=TB; GLOBEX=GTB

Daily Price Limit

None.

Ticker Symbols Exchange
CME