10-Year French Government Bond

Instrument: 7 To 10-Year French Fictitious Government Bond, in French francs, with a 10% coupon, redeemable at maturity.

Trading Unit: Frf 500,000

Quotation: Percentage of nominal value with two decimals.

Tick: 2 Basis Points, I.E. Frf I 00.

Delivery Months: 4 Successive Quarterly Delivery Months: March, June, September, December.

First Trading Day: First business days following the last trading day of delivery month, opening of the delivery month for the following year.

Last Trading Day: Second business day prior to third Wednesday of delivery month at i 1:00 am (Paris time).

Delivery: 7 To I 0-Year Fixed Income French Government Bonds, redeemable at maturity selected by the seller from basket of deliver-able bonds. based on settlement price.

Daily Price Limit: +/- 300 Basis Points Of Previous Settlement Price.

Initial Margin: Regular: Frf 20,000

Straddle: Frf 5,000

Spot Month: Frf 30,000

A Cross Margining For Notional And Options, Medium-Term Bond And French T-Bond Contracts Is Made.

Trading Hours: Open Outcry 9:00 A.M. To 4:30 P.M.:

Globex 4:30 P.M. To 9:00 A.M.


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