Bund (FGBL)
The German Bund-future is a standard duration contract based on the 10 most present nationloans for 10 years of Germany. The standard intrest is 6%.
The value of one contract is 100.000 €.
The contract is traded on the future market of Eurex.
The standard intrest of the Bund-future, a nation loan on long term (for 8,5 to 10,5 years) is 6%.
Summary Contract Specifications
- Underlying value : Bund bonds - German nationloans
- Contractvalue : 100.000 €
- Delivery months : March, June, September and December
- Minimum price movement : 0,01 point = 1 tick
- Tickvalue : 10 €
