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CBOT Interest Rate Swap Futures Update

Date 13/06/2002

CBOT 10-year Interest Rate Swap Futures open interest hit 40,000 on Tuesday, June 11.

After much demand from the industry, on Friday, June 21 the Chicago Board of Trade will add 5-year Interest Rate Swap futures to its Swaps Complex.

If you missed the CBOT's special program, Managing Risk in a LIBOR World, which was designed to help members and their customers identify the benefits of the CBOT Interest Rate Swap complex as a risk management tool, you can now view it at the CBOT website by clicking on the following link: http://www.cbot.com/cbot/www/cont_detail/0,1493,10+24+109+7168,00.html .

For more information on CBOT Swap futures, contact Ted Ehret at tehret@cbot.com, or +1 312-435-4683, or go to http://www.cbot.com/swap.