TSE To Launch Mini-10-Year JGB Futures

The TSE 10-year JGB futures market is the most active market of its kind in Japan and is a benchmark of long-term Japanese interest rates. Mini-sized 10-year JGB futures, which will be settled in cash, will function as an attractive new investment tool for both the world's individual and institutional investors.

Item - mini-JGB futures - JGB futures

Trading hour - 9:00-11:00, 12:30-15:00, 15:30-18:00
Contract size - 10 million JPY face value - 100 million JPY face value
Minimum fluctuation - 0.005JPY / 100JPY face value (1tick 500JPY) - 0.01JPY / 100JPY face value (1tick 10,000JPY)
Settlement - Cash - Physical Delivery
ToSTNeT - Available - Available
Give-up - Available - Available -- www.tse.or.jp