US 10 year T-note

Discussion in 'Fixed Income' started by globalarbtrader, Sep 15, 2021 at 10:13 AM.

  1. Can't find this with google and I've long since forgotten. Does anyone remember what the hypothetical coupon on US 10 year futures used to be (now 6%) before 2000? Was it 8%?

    GAT
     
  2. KevinBB

    KevinBB

    Have a look at this page. A PDF document.

    It talks about CBOT being forced to change the bond coupon rate from 8% to 6% for contracts expiring before March 2000. See note 5 on page 5.
     
    globalarbtrader likes this.
  3. Thanks Kevin.

    GAT