Ticker symbol: BAR

Underlying Interest: C$3 million Canadian BAs with a maturity of one month:

Contract Months: First six consecutive months:

Price Quotation: Index : 100 minus yield of 1 -month Bankers' Acceptances:

Minimum Margin: Speculative : C$1,900; Hedge: C$1,000; Spread: C$375; Requirements (initial and maintenance per contract)

Contract Type: Cash settlement. All open positions are settled in cash and are determined by the final settlement price.

Min. Price Fluct.: 0.01 % (1 basis point = $25 per contract)

Daily Price: None Limit

Reporting Limit: 300 contracts (net position in all contract months combined)

Position Limit: 5,000 contracts (net position in all contract months combined)

Trading Hours: 8:20 a.m. to 3:00 p.m. (EST/EDT)

Last Trading Day: Trading ceases at 10:00 a.m. (EST/EDT) on the second London (U.K.) banking day prior to the third Wednesday of the contract month

Settlement Date: Business day following the last trading day

Final Settlement Price: Based on the average of 3-month (BAX) and 1 -month (BAB) BA bid rates quoted on the CDOR page of Reuters' Monitor Service at 1 0:00 a.m. (EST/EDT) on the last trading day, the two highest and the two lowest being eliminated