Cboe Global Markets

Benefits of AMERIBOR Futures

Hedge Interest Rate Risk
Manage interest-rate risk on loans with a benchmark that is reflective of the interbank borrowing costs of medium-sized and regional financial institutions.
Optimize Asset-Liability Management
Match assets, liabilities, and hedge loans with a benchmark that is representative of actual borrowing costs.

AMERIBOR Term-30

The AMERIBOR Term-30 is designed for financial institutions in need of forward-looking short-term interest rates as the planned cessation of LIBOR approaches. The benchmark is designed to capture wholesale funding costs for American financial institutions over a thirty-day period at a specific moment in time.

The graph reflects the value of the AMERIBOR Term-30 benchmark in relation to One-Month LIBOR.

Cboe AMERIBOR Term-30 Futures (AMT1 )
Contract Notional $3,000,000
Minimum Price Intervals 1/4 basis points per annum equal to $6.25 per contract
DV01 $25
Full Contract Specifications Download

AMERIBOR Term-90

Available January 23, 2022, AMERIBOR Term-90 is a forward-looking interest rate benchmark and is calculated utilizing financing transactions which may range from 41 to 120 days to maturity as a reflection of funding costs over a 90-day period at a specific moment in time.

Cboe AMERIBOR Term-90 Futures (AMT3 )
Contract Notional $1,000,000
Minimum Price Intervals 1/4 basis points per annum equal to $6.25 per contract
DV01 $25
Full Contract Specifications Download

AMERIBOR Overnight Rate

AMERIBOR is an interest rate benchmark alternative with a credit component. It is calculated as the transaction volume weighted average interest rate of the daily transactions in the AMERIBOR® overnight unsecured loan market on the AFX.

Daily Simple Annualized Interest Rate

Reflects the market expectations of average daily simple annualized AMERIBOR interest during a given time period.

Cboe AMERIBOR 7-Day Futures (AMW) Cboe One-Month AMERIBOR Futures (AMB1)
Contract Notional $18,000,000 $6,000,000
Minimum Price Intervals 1/4 basis point per annum equal to $8.75 per contract 1/4 basis points per annum equal to $12.50 per contract
DV01 $35 $50
Full Contract Specifications Download Download
Quote Vendor Symbols View View

Daily Compound Annualized Interest Rate

Reflects the market expectations of compounded daily annualized AMERIBOR interest during a given time period.

Cboe Three-Month AMERIBOR Futures (AMB3)
Contract Notional $1,000,000
Minimum Price Intervals 1/4 basis points per annum equal to $6.25 per contract
DV01 $25
Full Contract Specifications Download
Quote Vendor Symbols View

Trading Resources

Below are links with additional information about trading on CFE.

Trading of AMERIBOR Futures is available on the Cboe Silexx execution management system. To learn more about Cboe Silexx, sign-up for the platform, or to take a free trial, visit:

AMERIBOR® is a registered trademark of Environmental Financial Products, LLC and is licensed for use by CFE in connection with the listing for trading by CFE of AMERIBOR futures.