The Korea Exchange announced on the 17th that it has designated the benchmark bonds for the June 2025 treasury futures, which will be traded starting on the 18th.
The benchmark bonds for settlement are the reference products designated by the Exchange to allow trading of treasury futures based on actual Government Bonds. Treasury futures are derivative products that use a government bond with a par value of 100 won and a coupon rate of 5% as the underlying asset, but these Government Bonds do not actually exist. Therefore, the Exchange designates them in combination with part of government bonds that have a similar interest payment method of six-month intervals.
The benchmark bonds for the 3-year treasury futures for June 2025 (KTB3F2506) are three items: Government bond 02875-2712 (24-12), Government bond 03250-2706 (24-4), and Government bond 03000-2909 (24-7).
The benchmark bonds for the 5-year treasury futures for June 2025 (KTB5F2506) have been selected as two items: Government bond 03000-2909 (24-7) and Government bond 03250-2903 (24-1).
The benchmark bonds for the 10-year treasury futures for June 2025 (KTB10F2506) are two items: Government bond 03000-3412 (24-13) and Government bond 03500-3406 (24-5); the benchmark bonds for the 30-year treasury futures for June 2025 (KTB30F2506) are two items: Government bond 02750-5409 (24-8) and Government bond 03250-5403 (24-2).
The spot yield for each benchmark bond will be calculated daily by the Korea Financial Investment Association at 11:30 a.m. and 4 p.m., and announced on the association's website and through the Koscom check terminals.