The CURRENT_TIME function returns a TIME data type value
containing hours, minutes, and seconds for time 'now'.
You can specify a fractional precision between 0 and 2 for
the seconds returned by CURRENT_TIME. The fractional-seconds
precision is a number that designates the number of digits
returned in the field. For example, a fractional precision of
2 means that seconds are returned as hundredths of a second (2
digits beyond the decimal point), while a fractional precision of
1 means that only tenths of a second are returned (1 digit beyond
the decimal point).
You can specify a current default for a time or timestamp field
with nondefault fractional-seconds precision.