CME CBOT: UB 30-Year Ultra U.S. Treasury Bond Futures prices chart
30 Year Ultra U.S. Treasury Bond (30Y T-Bond, CME CBOT: UB Futures) : U.S. Treasury debt obligation that has a maturity of 30 years. 30-year Treasury will generally pay a higher interest rate than shorter Treasuries to compensate for the additional risks inherent in the longer maturity. Product Code: UB. Contract Unit: Face value at maturity of $100,000. Price Quotation: Points and fractions of points with par on the basis of 100 points. Minimum Price Fluctuation: One 32nd of one point ($31.25 per contract), except for intermonth spreads for which the minimum price increment is one quarter of one thirty-second of one point ($7.8125). Settlement Method: Deliverable. Grade And Quality: U.S. Treasury bonds with remaining term to maturity of not less than 25 years from the first day of the futures contract delivery month.