CBOT Bund, Bobl, And Shatz December Settlement

In accordance with CBOT Regulations 3942.01, 4042.01, and 4142.01, CBOT Bund, Bobl, and Schatz futures for expiration in December 2004 were cash-settled today at the following final settlement prices:

CBOT Bund: 119.122
CBOT Bobl: 113.386
CBOT Schatz: 106.484

The final settlement price for each expiring futures contract is based on volume-weighted median price calculations for the contract’s underlying reference securities, prepared and furnished to the Chicago Board of Trade by FT Interactive Data Corporation.

For more information regarding the calculation of the settlements please see the attached spreadsheet titled "BBS Futures Expiration September 2004".

For information regarding the procedures for determination of the contract final settlement price you can go to CBOT Bund, Bobl, and Schatz Futures: An Explanation of Daily and Final Settlement Procedures.

If you have questions or comments regarding this document, please contact:

Frederick Sturm (312-347-5235, fsturm@cbot.com)
Jonathan Kronstein (312-435-7162, jkronstein@cbot.com)
Ingrid Mele (312-435-7215,imele@cbot.com)
Leo Murphy (312-435-3755, lmurphy@cbot.com)

The information in this document, although taken from sources believed to be reliable, does not constitute investment advice and is not guaranteed by the Chicago Board of Trade as to its accuracy or completeness, nor any trading result, and is intended for purposes of information and education only. The Rules and Regulations of the Chicago Board of Trade should be consulted as the authoritative source of all current contract specifications and regulations.