Micro Ultra 10-Year U.S. Treasury Note

Futures
Globex Code
MTNM5
Last
113'200
Change
-0'060 (-0.16%)
Volume
21
Last Updated19 Mar 2025 01:57:41 AM CT.
Market data is delayed by at least 10 minutes

Micro Ultra 10-Year Treasury futures are smaller versions of the Ultra 10-Year futures contract, a product that was built to address market demand for a futures contract tied to the 10-year maturity point on the Treasury yield curve.

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Features and benefits

Pinpoint 10-year exposure

Access 10-year Treasury exposure with a contract linked to Ultra 10-Year futures.

Smaller size for greater precision

Contracts are 1/10 the size ($10,000 notional value) of underlying Ultra 10-Year futures.

Improved yield curve trading

Listed ICS against Micro Ultra Bond futures allows for curve trades in a smaller size.

Accessible contracts

A DV01 at 1/10 the size of Ultra 10-Year futures provides greater access for more  investors.

Explore this product in depth

Review contract highlights

Contract Unit

Face value at maturity of $10,000

Price Quotation

Points and fractions of points with par on the basis of 100 points

Product Code

CME Globex: MTN
CME ClearPort: MTN

Clearing: MTN

Trading Hours

CME Globex:
Sunday - Friday 6:00 p.m. - 5:00 p.m.ET

Date
Future VolumeOptions Volume
INTEREST RATES

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Courses

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1x

Take self-guided courses on Interest Rate products.

If you’re new to futures, the courses below can help you quickly understand the U.S. Treasury market to start trading.

8 modules
Introduction to Treasuries
Launch course

Contact an Interest Rate expert

Connect with a member of our Interest Rate team for more information about our products.

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