Futures on 20 Year Bonds

MexDer Introduces New 20 Year Bond Futures Contract

MEXICO CITY, June 23, 2009 MexDer, the Mexican Derivatives Exchange listed yesterday the 20 year Bond Futures Contract in MXP. The introduction of this new contract expands the product line of Fixed Income contracts to offer full product hedging across the yield curve up to 20 years. This product provides an additional tool for hedgers as Mexican bonds are actively traded by foreigners. The contract specifications are the same for the 3 year Bond Futures and the 10 year Bond Futures which has grown almost 70% on a year over year basis.