1 and CBOT's 30-year treasury bond futures have a face value of 1 10,000 US dollars, and the price changes are calculated by index points, and each point (1%) is 1000 US dollars, which is the origin of the number 1000.

2. The fraction less than 1 point is not decimal, but 1/32, that is, the minimum price change is 1/32 points each time, that is, 3 1.25 USD (65438+ 1 of USD 32).

3. The price delivery "1 10- 16" mentioned in the title means 10+ 16/32, that is,10 plus 65438+.