Item	Contract Terms
Underlying Interest Rate	One-Month Hong Kong Interbank Offered Rate
HKATS Code	HB1
Contract Size	HK$15,000,000
Minimum Fluctuation	one (1) basis point (0.01 of one percent) The value of a Minimum Fluctuation is calculated as the Contract Size multiplied by a basis point multiplied by one twelfth of a year. HK$15,000,000 x 0.0001 x 1/12 = HK$125.00
Contract Months	Spot month and the next five calendar months
Contracted Value	Contracted price multiplied by the value of a minimum fluctuation multiplied by 100 [e.g. 95.50 x (HK$15,000,000 x 0.0001 x 1/12) x 100]
Price Quotation	One hundred (100.00) minus the interest rate
Trading Hours	8:30 am - 12:00 noon & 1:30 pm - 5:00 pm (Expiring contract month closes at 11:00am on the Last Trading Day)
Last Trading Day	The last trading day of a contract shall be two business days before the third Wednesday of the contract month
Final Settlement Day	The third Wednesday of the contract month. (If the third Wednesday of such contract month is not a business day, then the Final Settlement Day of the contract shall be the next business day following the third Wednesday of the contract month)
Final Settlement Price	One hundred (100.00) minus the one-month HKAB HKD Interest Settlement Rate quoted at approximately 11:15 a.m. on the Last Trading Day, rounded to the nearest 2 decimal places  (100.00 -  HKAB HKD Interest Settlement Rate = Final Settlement Price)
Settlement Method	Cash settlement
Transaction Costs	Exchange Fee                 HK$5.00 Commission Levy            HK$0.80 Commission Rate            Negotiable