Asx bond futures expiry
The 30 day interbank cash rate futures, 3 year treasury bond futures and 10 year treasury bond futures contracts are all cash settled contracts. The 90 day bank bill futures contract is a deliverable contract where upon settlement an approved bank accepted bill of exchange or negotiable certificate of deposit is exchanged. Expiry. Settlement price. ASX’s 3 and 10 year treasury bond futures and options are the benchmark derivative products for investors trading and hedging medium to long term Australian Dollar interest rates. The 3 and 10 year treasury bond contracts are cost effective tools for enhancing portfolio performance, managing risk and outright trading. Settlement Day: The first business day after expiry, ASX Clear (Futures) publishes the final settlement price of the contract. On the second business day after expiry, ASX Clear (Futures) settles cash flows as a result of the settlement price.