ASX today announced that it intends to list a 5 Year Treasury Bond Futures contract on the ASX24 market in late Q4 2020, subject to regulatory approval and internal/external readiness.

The 5 Year Treasury Bond Futures contract is designed to complement the existing interest rate futures complex and support the evolving structure of the underlying market.

The contract will provide an additional liquidity point and hedging tool at the 5 year point on the curve, allowing participants to manage their risk exposure in a more efficient and effective manner.

ASX believes that the 5 Year Treasury Bond Future will support the underlying market by introducing an additional transparent price point with which to manage risk exposures.

The full market notice is available here:  https://www.asxonline.com/public/notices/2020/june/0677.20.06.html