China Financial Futures Exchange · CFFEX TF
5Y T-Bond (TF) trading hours, contract specs and expiry
Live open/closed status and full session times, plus contract size, tick economics and expiry dates in one verified reference.
- Regular hours
- Day 09:30–11:30, 13:00–15:15
- Tick value
- ¥50
- Contract size
- ¥1M face
Verify against official exchange notices before trading; specs, hours and expiries carry separate review dates.
5-Year China Government Bond (TF) is a interest-rate futures product listed on China Financial Futures Exchange. It has no night session; all trading takes place during the day session. All schedule facts on this page are cross-checked against the exchange's official timetable, with review dates shown below.
Regular sessions
| Session | Exchange time | UTC | London | New York |
|---|---|---|---|---|
| Day | 09:30–15:15 | 01:30–07:15 | winter 01:30–07:15summer 02:30–08:15 | winter 20:30 (prev day)–02:15summer 21:30 (prev day)–03:15 |
Conversions use standard winter/summer offsets; values can differ by an hour during the weeks when regions switch DST on different dates.
Is 5Y T-Bond (TF) open right now? When does it open and close?
5Y T-Bond (TF) trades on China Financial Futures Exchange Day 09:30–11:30, 13:00–15:15 China Standard Time (UTC+8). Trading days: Monday to Friday. The next closure or special session is Oct 1–Oct 7 (National Day closure). The status line below works out whether it is open right now from the same reviewed sessions and holiday calendar.
Live open/closed status: see the timeline on the home page.
- Day: 09:30–15:15 China Standard Time (UTC+8) — UTC 01:30–07:15; London winter 01:30–07:15 · summer 02:30–08:15; New York winter 20:30 (prev day)–02:15 · summer 21:30 (prev day)–03:15.
- Next closures or special sessions: Oct 1–Oct 7 National Day closure.
- No quotes or margin figures here; open/closed status is derived only from the exchange’s published sessions and holiday notices — verify exchange notices before trading.
Is 5Y T-Bond (TF) open today or tomorrow?
The status line above resolves the current date in your own time zone. There is no Saturday trading; the week restarts Monday at 09:30 China Standard Time (UTC+8). On a weekday it is closed only on the dates listed above; otherwise the regular sessions apply — Day 09:30–11:30, 13:00–15:15 China Standard Time (UTC+8).
CONTRACT REFERENCE
Contract specifications
- Contract size
- ¥1M face
- Minimum tick
- 0.005
- Tick value
- ¥50
Expiry rule2nd Friday of expiry month
FRONT CONTRACTS
Upcoming expiries
* Estimated from the exchange rule and may move for holidays. Countdowns are measured from 2026-09-26 and refresh to your own date when the page loads. This is an on-site reference; external calendar subscriptions are not offered.
- Fields covered
- Specifications, expiry rule and front-contract dates
- Review state
- Accepted; rule estimates retain *
- Reviewed
- Rights state
- Approved for public reference
Official sourceCFFEX · TF ↗Methodology →
Holiday closures (2026)
- 2026-10-01 · 2026-10-02 · 2026-10-05 · 2026-10-06 · 2026-10-07National Day closure
5Y T-Bond listed contract months: last trading day & delivery
Full expiry calendar →As of 2026-09-26 the front-month 5Y T-Bond contract is TF2612 (last trading day 2026-12-11), followed by TF2703 (2027-03-12); "front month" here means nearest expiry, not the most active contract.
| TF2612 | LTD 2026-12-11 · delivery 2026-12-16 |
|---|---|
| TF2703 | LTD 2027-03-12 (est.) · delivery 2027-03-17 |
| TF2706 | LTD 2027-06-11 (est.) · delivery 2027-06-16 |
Dates are computed from the exchange contract text and the reviewed holiday calendar; open a symbol for its decode, month closures and neighbouring months.
Can a foreign investor trade 5Y T-Bond (TF), and take delivery of it?
5Y T-Bond (TF) has been tradable by a qualified foreign investor since 2026-04-24, for hedging purposes only. Treasury futures deliver actual bonds. This page draws no conclusion on whether a QFI may deliver them: no written rule was found.
- Specified domestic product
- No
- QFI
- 2026-04-24
- Delivery reachability
- Bond delivery
The notice behind each cell, and all 42 products side by side China access matrix → · Opening timeline →
FAQ
- What are 5-Year China Government Bond (TF) trading hours?
- 5-Year China Government Bond regular sessions are: Day 09:30–11:30, 13:00–15:15 (exchange local time).
- Does 5-Year China Government Bond trade overnight?
- No — the reviewed regular schedule does not cross midnight: Day 09:30–11:30, 13:00–15:15 (exchange local time).
- Is 5-Year China Government Bond open right now?
- Check the live timeline for the current open/closed status of 5-Year China Government Bond and the countdown to the next open or close.
- Does 5-Year China Government Bond trade on weekends?
- No Saturday or Sunday trading.
- When is 5-Year China Government Bond closed for Chinese New Year 2026?
- Spring Festival closures fall on 2026-02-16, 2026-02-17, 2026-02-18, 2026-02-19, 2026-02-20, 2026-02-23 (6 trading days); the first day back normally has a day session only.
Sources & review coverage
Holiday data coverage: 2026-01-01 to 2026-12-31; regular sessions effective 2026-01-01.
- CFFEX equity index futures contract specificationsChina Financial Futures Exchange · reviewed 2026-07-23
- CFFEX China government bond futures contract specificationsChina Financial Futures Exchange · reviewed 2026-07-23
- Notice on Trading Schedule During National Holidays for Year 2026China Financial Futures Exchange · reviewed 2026-07-23
Read the data sources, freshness and corrections methodology →