CBOT Fed Funds October Settlement

The Chicago Board of Trade (CBOT^®) 30-Day Fed Funds futures contract for October 2005 will be cash settled this morning at a final settlement price of 96.221, implying an average daily effective federal funds rate of 3.779 percent during the delivery month. Please refer to the attached spreadsheet for more information regarding the calculation of this settlement.

For more information about CBOT Fed Fund futures, contact Fed Funds or call 312-341-7955.