Osaka Exchange: A Summary Of Revised Product Specifications Of 20-Year JGB Futures

On July 6th, product specifications of 20-year JGB Futures will be revised as follows.
OSE summarized the changes and effects on the flyer.
Please check it before revising product specifications on July 6th.

- No.1　The coupon rate of standardized bond will be changed from 6% to 3%.
- No.2　Deliverable grade will be changed　from 18 year and more to 19 year 3 month and 19 year 6 month JGB.
- No.3　Tick size will be changed from JPY 0.05 to JPY 0.01.