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  5. 30-Year U.S. Treasury Bond Futures (ZB) Contract Specifications
  1. Home
  2. Knowledge Base
  3. Futures Contract Specifications
  4. 30-Year U.S. Treasury Bond Futures (ZB) Contract Specifications

30-Year U.S. Treasury Bond Futures (ZB) Contract Specifications

What Are 30-Year U.S. Treasury Bond Futures?

30-Year U.S. Treasury Bond Futures (ZB) are futures contracts based on the value of long-term U.S. government bonds with a maturity of 30 years. These contracts are widely used by traders, investors, and institutions to hedge interest rate risk or speculate on changes in long-term interest rates.

Contract Size

  • Contract Size: $100,000 face value of 30-Year U.S. Treasury Bonds.

Trading Hours

The 30-Year U.S. Treasury Bond Futures contract trades nearly 24 hours a day, five days a week, providing consistent access to the interest rate futures market.

  • Trading Hours: Sunday to Friday, 5:00 PM to 4:00 PM CT (with a 1-hour daily trading halt from 4:00 PM to 5:00 PM CT).
  • Time Zone: Central Time (CT).

Tick Value and Increment

  • Tick Size: 1/32nd of a point.
  • Tick Value: $31.25 per tick.
  • Minimum Price Fluctuation: 1/32nd of a point.

This makes 30-Year U.S. Treasury Bond Futures an ideal choice for those seeking leverage, liquidity, and exposure to long-term U.S. interest rates.

Trading Symbol

Margins

To trade 30-Year U.S. Treasury Bond Futures, you’ll need to meet specific margin requirements. Check out Ironbeam’s Margins Page for the latest margin rates and details.

Why Trade 30-Year U.S. Treasury Bond Futures?

  • Liquidity: High liquidity ensures tight spreads and efficient execution.
  • Hedging Opportunities: Used by institutional investors and fund managers to hedge against interest rate fluctuations.
  • Global Influence: Treasury bond prices are closely tied to global economic trends and Federal Reserve policies.
  • Flexibility: Suitable for both short-term interest rate speculation and long-term portfolio hedging.
  • Diversification: Add exposure to the bond market to complement equity or commodity investments.

Start Trading ZB with Ironbeam

Ironbeam provides a robust trading platform and API to help you access 30-Year U.S. Treasury Bond Futures with ease. Trade confidently with free real-time Level 2 market data and personal broker support.

 

DISCLAIMER: There is a substantial risk of loss in trading commodity futures and options products. Losses in excess of your initial investment may occur. Past performance is not necessarily indicative of future results. Please contact your account representative with concerns or questions.

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