CME Group announced it will expand its benchmark U.S.Treasury futures and options offering with the addition of 20-Year U.S. Treasury Bond futures on March 7, pending regulatory review. The new 20-Year U.S. Treasury Bond futures will allow for delivery of original issue 20-year U.S.Treasury bonds with remaining terms to maturity at delivery of at least 19 years 2 months and not more than 20 years. Complementing CME Group's existing suite of deeply liquid U.S.Treasury futures and options, which grew more than 15% year-over-year during 2021 to a record 4.5 million average daily volume, 20-Year U.S. Treasury Bond futures will offer greater efficiency and precision in managing exposure at the 20-year maturity point on the U.S.Treasury curve.

20-Year U.S. Treasury Bond futures will receive automatic margin offsets against existing interest rate futures upon launch and will be listed with, and subject to, the rules of the CBOT. Additionally, these contracts will become eligible for portfolio margining against other cleared interest rate swaps and futures shortly after launch.