10-year Canada Treasury bonds $100K, pts of 100%, 1 pt = $10

$\begin{array}{|r|r|l|r|r|r|r|r|r|}
\hline \text { sea hi } & \text { sea lo } & \text { mth } & \text { Open } & \text { high } & \text { low } & \text { settle } & \text { chg } & \text { op int } \
\hline 113.78 & 110.05 & \text { Mar } 05 & 112.80 & 113.22 & 112.78 & 112.95 & +0.05 & 139272 \
\hline 112.44 & 111.94 & \text { Jun } 05 & 112.10 & 112.44 & 112.00 & 112.16 & +0.05 & 46212\
\hline
\end{array}$
-What is the dollar value of the June Canada bond futures contract at the closing price?

Question

10-year Canada Treasury bonds $100K, pts of 100%, 1 pt = $10

$\begin{array}{|r|r|l|r|r|r|r|r|r|}
\hline \text { sea hi } & \text { sea lo } & \text { mth } & \text { Open } & \text { high } & \text { low } & \text { settle } & \text { chg } & \text { op int } \
\hline 113.78 & 110.05 & \text { Mar } 05 & 112.80 & 113.22 & 112.78 & 112.95 & +0.05 & 139272 \
\hline 112.44 & 111.94 & \text { Jun } 05 & 112.10 & 112.44 & 112.00 & 112.16 & +0.05 & 46212\
\hline 
\end{array}$
-What is the dollar value of the June Canada bond futures contract at the closing price?

Quizplus · Accepted Answer

To calculate the dollar value of the June Canada bond futures contract, we first need to convert the settlement price from points to dollars. Each point represents $10, so we multiply the settlement price of 112.16 by $10 to get $1,121.60.

Next, we need to calculate the notional value of the bond futures contract. This is done by multiplying the settlement price by the face value of the bond ($100,000). Thus, the notional value of the June Canada bond futures contract is $112,160 ($1,121.60 x $100,000).

Therefore, the correct answer is D, $112,160.00.

10-Year Canada Treasury Bonds $100K, Pts of 100%, 1 Pt