Ultra U.S. Treasury bond

E548451

The Ultra U.S. Treasury bond is a long-duration U.S. government security used as the underlying asset for certain Treasury futures contracts, offering extended maturity exposure for investors and traders.

All labels observed (3)

How this entity was disambiguated

Statements (47)

Predicate Object
instanceOf U.S. Treasury security ⓘ
fixed-income security ⓘ
government bond ⓘ
assetClass sovereign bonds ⓘ
backedBy full faith and credit of the U.S. government ⓘ
countryOfOrigin United States of America ⓘ
couponType fixed coupon ⓘ
creditRating U.S. sovereign credit rating ⓘ
denominationCurrency United States dollar ⓘ
linked to: US dollar
interestRateRisk high price sensitivity to yield changes ⓘ
interestRateSensitivity high duration ⓘ
investorBase asset managers ⓘ
institutional investors ⓘ
insurance companies ⓘ
pension funds ⓘ
issuer United States Department of the Treasury ⓘ
liquidity high for on-the-run issues ⓘ
market U.S. Treasury market ⓘ
parValue typically 100 or 1000 USD in quotation terms ⓘ
paymentFrequency semiannual coupon payments ⓘ
pricingConvention price quoted as percentage of par ⓘ
principalRepayment bullet maturity ⓘ
regulator Federal Reserve (indirectly via monetary operations) ⓘ
U.S. Department of the Treasury ⓘ
U.S. Securities and Exchange Commission ⓘ
riskProfile low credit risk ⓘ
riskType inflation risk ⓘ
interest rate risk ⓘ
liquidity risk (for off-the-run issues) ⓘ
roleInDerivatives underlying for Treasury futures contracts ⓘ
roleInMarket benchmark for long-end of yield curve ⓘ
settlementCurrency USD ⓘ
taxTreatment exempt from most state and local income taxes ⓘ
subject to federal income tax ⓘ
tradedOn over-the-counter bond market ⓘ
typicalMaturity greater than 25 years ⓘ
long-duration ⓘ
underlies CBOT Ultra T-Bond futures ⓘ
Ultra U.S. Treasury Bond futures ⓘ
usedBy hedge funds ⓘ
liability-driven investors ⓘ
proprietary trading desks ⓘ
usedFor duration hedging ⓘ
interest rate speculation ⓘ
long-term liability matching ⓘ
yield curve positioning ⓘ
yieldBasis U.S. Treasury yield curve ⓘ

How these facts were elicited

Referenced by (3)

Full triples — surface form annotated when it differs from this entity's canonical label.

U.S. Treasury futures → commonTenor → Ultra U.S. Treasury bond ⓘ
Ultra U.S. Treasury bond → underlies → Ultra U.S. Treasury Bond futures ⓘ
linked to: Ultra U.S. Treasury bond
Ultra U.S. Treasury bond → underlies → CBOT Ultra T-Bond futures ⓘ
linked to: Ultra U.S. Treasury bond