MATIF TO LAUNCH
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| Underlying instrument | 1,5 to 2,5-year Notional Treasury Bond denominated in euros (issued by EMU sovereigns) redeemable at maturity, with a 3,5% coupon |
| Trading unit | 100,000 euros |
| Price quotation | Percent of the nominal value, quoted to the 2nd decimal point |
| Minimum price fluctuation (Tick) | 1 basis point (0,01%), equal to 10 euros |
| Contract cycles | 2 or 3 successive quarterly maturities out of March, June, September, December |
| Last trading day | The 2nd trading day preceding the 3rd Wednesday of the contract month |
| First Trading day | The 3rd maturity opens for trading on the 1st trading day of a contract month |
| Settlement | Based on settlement price. Bonds are selected by the seller from an official list of 1,5 to 2,5-year eligible Treasury Bonds denominated in euros issued by a list of EMU Sovereigns determined before the opening of the maturity, redeemable at maturity, with a minimum outstanding of 5 bn euros paid 1 month before the settlement date of the contract month, and with life on issue less than 6 years. |
| Delivery calendar | D at 11:00 a.m. : end of quotation D+1: repartition day D+4: settlement and delivery date |
| Trading hours | NSC Pre-opening: 7:00 a.m. - 8:00 a.m. Main trading session: 8:00 a.m. - 10:00 p.m. Settlement day changeover: 4:30 p.m. |
| Coupon | Maturity Date | Outstanding amount in ECU | |
| BTAN | 7 | 12 October 2000 | 8,371,407,117 |
| BTAN | 5.75 | 12 March 2001 | 10,434,176,837 |
| BOBL | 5.125 | 21 November 2000 | 6,068,636,276 |
| BOBL | 5.25 | 21 February 2001 | 5,057,196,897 |
| BOBL | 5 | 20 August 2001 | 6,574,355,966 |
| TOTAL | 36,505,773,093 |
| Coupon | Maturity Date | Outstanding amount in ECU | |
| BTAN | 5.75 | 12 March 2001 | 10,434,176,837 |
| BTAN | 5.5 | 21 October 2000 | 11,995,729,705 |
| BOBL | 5.25 | 21 February 2001 | 5,057,196,897 |
| BOBL | 5 | 20 August 2001 | 6,574,355,966 |
| BOBL | 4.75 | 20 November 2001 | 8,091,515,035 |
| TOTAL | 34,061,459,405 |
| © Matif SA - 1998 |