Product Description

The Euro Bund futures contract is EUREX most popular contract on a long-term German government Bond. The maturity of the band is within 8.5 to 10.5 years, with a coupon of 6%. Such debt securities must have a minimum issue amount of EUR 5 billion. It is considered the benchmark for long-term euro-denominated government debt.


PARAMETERS Trading Specifications per Account Type
PREMIUM ZERO MICRO AUTO
Typical Spread in quote currency per unit 0.05 0.05 0.05 0.05
Size of 1 lot 100 100 100 100
Minimum Contract size, lots 1.0 1.0 1.0 1.0
Maximum Contract size, lots 60.0 60.0 60.0 60.0
Tick value per 1 lot 1 USD * EURUSD 1 USD * EURUSD 1 USD * EURUSD 1 USD * EURUSD
Volume limitation n/a n/a n/a n/a
Margin requirement 2% 2% 2% 2%
Minimum Price Increment 0.01 0.01 0.01 0.01
Limit and Stop Levels 15.0 15.0 15.0 15.0
Margin Call / Stop out Level 50 % / 20% 50 % / 20% 40% / 10% 50 % / 20%
Negative balance protection Yes Yes Yes Yes
Swap free days allowance 0 0 0 0
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