Understanding the Adjusted Interest Rate (AIR) Total Return futures Contract

Advanced

19 Minutes

Learn more about the futures contract, nuances of the contract, along with a trade example to better understand.

DISCLAIMER: © 2026 CME Group Inc. All rights reserved. This information is reproduced by permission of CME Group Inc. and its affiliates under license. CME Group Inc. and its affiliates accept no liability or responsibility for the information contained herein, including but not limited to the currency, accuracy and/or completeness of this information, and delays, interruptions, errors or omissions. This information is an unofficial copy and may not reflect the official and accurate version. For the definitive and up-to-date version of any of this information, please see https://www.cmegroup.com.

Take the Next Step Towards Your Goals

Whether you are building foundations or refining advanced strategies, our learning pathways are structured to grow with you.

Explore Our Campus