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What do you mean by a premium of 20 times?
20 times the bid.

Premium refers to the excess of the bid amount, such as the bid price of 10 yuan. Add 190 yuan to 200 yuan, which is 20 times the premium.

Premium space refers to the part where the transaction price exceeds the face value of the securities. Premium refers to premium. In the money market, premium refers to adding points to the spot price to judge the forward or futures price.