Current location - Trademark Inquiry Complete Network - Futures platform - The Chicago Board of Trade (CBOT) long-term treasury bond futures contract is quoted at 98' 15, indicating that the contract value is () USD.
The Chicago Board of Trade (CBOT) long-term treasury bond futures contract is quoted at 98' 15, indicating that the contract value is () USD.
A: A.

In the long-term treasury bond futures quotation in the United States, such as 98' 15 (or 98- 15), the quotation consists of "198' ②15". The "①" part is called the integer part of the treasury bond futures quotation, and the "②" part is called the decimal part of the treasury bond quotation. "1 point" in "①" represents 100000 USD /$ 1000 = $ 1000, and the value in "②" is "00 to 3 1" in 32-bit system.