How DB2 converts the FLOAT value to IEEE floating-point format?

Tags:
DB2
IBM i
IEEE
I had created a SQL table as below:
CREATE TABLE MYLIB/Mytable (FLD1 FLOAT (9) NOT NULL WITH DEFAULT)
When I ran DSPFFD, I had seen that FLOAT(9) gets converted to 3F 2. So, I want to understand how does it happen? Which algorithm is being used?
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