A Bond Future is a contractual obligation for the contract holder to buy or sell a Bond on a specified date at a predetermined price. The buyer (long position) of a Bond Future is obliged to buy the underlying Bond at the agreed price on expiry of the future. The seller (short position) of a Bond Future is obliged to deliver the underlying bond at the agreed price on expiry of the Future. The JSE offers Bond Futures Contracts on the underlying government and corporate bonds.
Register as a client with an
authorised JSE Interest Rate and Currency Derivatives member , deposit the required initial margin and sell or buy according to your needs.