Minimum size 0.25
Contract size AUD 25
One Pip means 0
Value of one Pip AUD 25 (CHF 13.96)
Margin 0.5%
Minimum stop distance 3
Minimum guaranteed stop distance 2.0%
Your aggregate position in this market will be margined in the following tiers:
| Tier | Position size | Margin |
| 1 | 0 - 8 Contracts - AUD | 0.5% |
| 2 | 8 - 16 Contracts - AUD | 1% |
| 3 | 16 - 24 Contracts - AUD | 2% |
| 4 | 24 + Contracts - AUD | 3% |
If your aggregate position is larger than Tier 1, your margin requirement will not be reduced by non-guaranteed stops.
Please note: we have tried to ensure that the information here is as accurate as possible, but it is intended for guidance only and any errors will not be binding on us.
Expiry date 31/12/24
Last dealing date and time 31/12/24 06:30
Settlement
Settles based on the SFE final settlement price of the 30-day Interbank Cash Rate Future +/- IG dealing spread.
Last rollover time 31/12/24 06:15
Rollover info
Usually, initial position closed at official closing level of day before last dealing day +/- closing spread; new position in next contract opened at official closing level of the new contract from same day, +/- opening spread.
Why IG Bank?
Wide selection of bonds and rates
Off-exchange, so you can deal in fractions
Easy-to-use dealing platform and apps
Discover opportunity in-platform
Discover opportunity in-app
Open a free, no-risk demo account to stay on top of market movement and important events.
React to the latest market-moving news in-platform, where you need it
Be notified when a market changes an amount, hits a level or fulfils your technical conditions
Plan your trades around the macroeconomic events affecting bonds and rates, with customisable alerts to remind you ahead of time
Trade the Bund and more without monthly expiries
Back your judgement on future changes in long-term interest rates and hedge your existing positions, with our selection of bonds markets. Find out more about why you should choose IG Bank.
Back your judgement on future changes in short-term interest rates and hedge your existing positions, with our selection of interest rate markets. Find out more about why you should choose IG Bank.
Improve your trading skills by working through interactive courses on the IG Academy app.
1 Based on revenue (published financial statements, 2022)
