Rebalance of April 30, 2026
1-12 Month constituents
Every one of the 91 holdings, with the three deductions that set its weight, both prices, and its contribution to the month. The contributions add to the published return, which is what makes a level checkable rather than something to trust.
Check it yourself
- Holdings
- 91
- Weights sum to
- 100.0000%
- Contributions sum to
- +0.308469%
- Market value
- $6.33tn
Both totals are added up on this page from the rows in the table below, not read from a stored figure, a total computed somewhere you cannot see would prove nothing. The check below compares that sum against the level published on the 1-12 Month page, fetched separately.
These reconcile. The holdings below sum to +0.308469% against a published month return of +0.308469%, a difference of 5.4e-8 basis points, the published rounding rather than arithmetic. That shows this level is reproducible from these holdings; it is not a check on the prices behind them, since both sides use the same ones.
How each weight is set
Par auctioned, less what Treasury has bought back and retired, less what the Federal Reserve holds, gives the float that is actually investable. The two deductions are applied in that order rather than combined: a buyback destroys the debt, while the Federal Reserve only parks it, so merging them would restore retired par the moment quantitative tightening reversed.
| CUSIP | Coupon | Matures | Par auctioned | − Bought back | − Fed held | = Float par | Start dirty | End dirty | Weight | Return | Contribution |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 912797SP3 | 0.000% | May 7, 2026 | $257.62bn | – | $11.31bn | $246.31bn | 99.6259 | 99.9304 | 3.875% | +0.306% | +0.01184% |
| 912797QN0 | 0.000% | May 14, 2026 | $228.31bn | – | $14.31bn | $214.00bn | 99.5551 | 99.8604 | 3.365% | +0.307% | +0.01032% |
| 912797QX8 | 0.000% | Jun 11, 2026 | $223.96bn | – | $13.21bn | $210.75bn | 99.2780 | 99.5800 | 3.304% | +0.304% | +0.01005% |
| 912797TE7 | 0.000% | Jun 25, 2026 | $173.95bn | – | $3.54bn | $170.41bn | 99.1400 | 99.4369 | 2.668% | +0.299% | +0.00799% |
| 912797SW8 | 0.000% | May 28, 2026 | $172.90bn | – | $6.91bn | $165.99bn | 99.4152 | 99.7223 | 2.606% | +0.309% | +0.00805% |
| 912797SV0 | 0.000% | May 21, 2026 | $173.81bn | – | $10.04bn | $163.77bn | 99.4857 | 99.7912 | 2.573% | +0.307% | +0.00790% |
| 912797TD9 | 0.000% | Jun 18, 2026 | $175.86bn | – | $14.61bn | $161.25bn | 99.2100 | 99.5100 | 2.526% | +0.302% | +0.00764% |
| 912797SX6 | 0.000% | Jun 4, 2026 | $171.07bn | – | $10.22bn | $160.84bn | 99.3482 | 99.6500 | 2.524% | +0.304% | +0.00767% |
| 912797TL1 | 0.000% | May 5, 2026 | $164.51bn | – | $5.98bn | $158.53bn | 99.6471 | 99.9504 | 2.495% | +0.304% | +0.00759% |
| 912797TR8 | 0.000% | May 12, 2026 | $159.89bn | – | $1.39bn | $158.50bn | 99.5765 | 99.8803 | 2.493% | +0.305% | +0.00761% |
| 912797TS6 | 0.000% | May 19, 2026 | $154.78bn | – | $10.50bn | $144.28bn | 99.5059 | 99.8105 | 2.267% | +0.306% | +0.00694% |
| 912797TT4 | 0.000% | May 26, 2026 | $150.03bn | – | $8.39bn | $141.64bn | 99.4353 | 99.7414 | 2.224% | +0.308% | +0.00685% |
| 912797RF6 | 0.000% | Jul 9, 2026 | $133.85bn | – | $6.85bn | $127.00bn | 98.9972 | 99.3000 | 1.986% | +0.306% | +0.00607% |
| 912797RS8 | 0.000% | Sep 3, 2026 | $130.59bn | – | $4.49bn | $126.11bn | 98.4443 | 98.7435 | 1.961% | +0.304% | +0.00596% |
| 912797RG4 | 0.000% | Aug 6, 2026 | $133.27bn | – | $8.18bn | $125.09bn | 98.7236 | 99.0227 | 1.950% | +0.303% | +0.00591% |
| 912797UH8 | 0.000% | Sep 24, 2026 | $80.81bn | – | – | $80.81bn | 98.2398 | 98.5341 | 1.254% | +0.300% | +0.00376% |
| 912797TN7 | 0.000% | Jul 16, 2026 | $79.52bn | – | $2.52bn | $77.00bn | 98.9300 | 99.2321 | 1.203% | +0.305% | +0.00367% |
| 912797TW7 | 0.000% | Aug 13, 2026 | $81.49bn | – | $4.49bn | $77.00bn | 98.6462 | 98.9500 | 1.200% | +0.308% | +0.00369% |
| 912797TY3 | 0.000% | Aug 27, 2026 | $79.89bn | – | $2.89bn | $77.00bn | 98.5100 | 98.8100 | 1.198% | +0.305% | +0.00365% |
| 912797UG0 | 0.000% | Sep 17, 2026 | $83.17bn | – | $6.17bn | $77.00bn | 98.3000 | 98.6000 | 1.195% | +0.305% | +0.00365% |
| 912797TF4 | 0.000% | Jul 2, 2026 | $81.57bn | – | $6.04bn | $75.52bn | 99.0700 | 99.3700 | 1.182% | +0.303% | +0.00358% |
| 912797TP2 | 0.000% | Jul 23, 2026 | $80.35bn | – | $5.56bn | $74.79bn | 98.8600 | 99.1577 | 1.168% | +0.301% | +0.00352% |
| 912828Z78 | 1.500% | Jan 31, 2027 | $98.52bn | $1.49bn | $22.08bn | $74.95bn | 98.4049 | 98.7167 | 1.165% | +0.317% | +0.00369% |
| 912797UF2 | 0.000% | Sep 10, 2026 | $81.39bn | – | $6.42bn | $74.97bn | 98.3700 | 98.6737 | 1.165% | +0.309% | +0.00360% |
| 912797TQ0 | 0.000% | Jul 30, 2026 | $80.56bn | – | $6.81bn | $73.75bn | 98.7866 | 99.0925 | 1.151% | +0.310% | +0.00356% |
| 912797TX5 | 0.000% | Aug 20, 2026 | $80.52bn | – | $9.30bn | $71.22bn | 98.5800 | 98.8800 | 1.109% | +0.304% | +0.00337% |
| 91282CME8 | 4.250% | Dec 31, 2026 | $69.68bn | – | $678.7m | $69.00bn | 101.4121 | 101.7331 | 1.105% | +0.316% | +0.00350% |
| 91282CMP3 | 4.125% | Feb 28, 2027 | $75.95bn | $76.0m | $6.95bn | $68.92bn | 100.6712 | 100.9762 | 1.096% | +0.303% | +0.00332% |
| 91282CLP4 | 3.500% | Sep 30, 2026 | $70.42bn | $3.0m | $1.42bn | $69.00bn | 99.8846 | 100.2027 | 1.088% | +0.319% | +0.00347% |
| 912797UR6 | 0.000% | Jul 28, 2026 | $69.73bn | – | – | $69.73bn | 98.8067 | 99.1125 | 1.088% | +0.309% | +0.00337% |
| 91282CMV0 | 3.875% | Mar 31, 2027 | $71.04bn | $259.0m | $2.04bn | $68.74bn | 100.1356 | 100.4220 | 1.087% | +0.286% | +0.00311% |
| 91282CMH1 | 4.125% | Jan 31, 2027 | $72.83bn | $1.06bn | $3.83bn | $67.94bn | 100.9650 | 101.3068 | 1.083% | +0.339% | +0.00367% |
| 91282CKY6 | 4.625% | Jun 30, 2026 | $71.40bn | $1.68bn | $2.40bn | $67.33bn | 101.3814 | 101.6709 | 1.078% | +0.286% | +0.00308% |
| 91282CLY5 | 4.250% | Nov 30, 2026 | $73.69bn | $2.92bn | $4.69bn | $66.08bn | 101.7370 | 102.0560 | 1.062% | +0.314% | +0.00333% |
| 91282CLS8 | 4.125% | Oct 31, 2026 | $70.16bn | $3.31bn | $1.16bn | $65.69bn | 101.8883 | 100.1987 | 1.057% | +0.366% | +0.00387% |
| 912797UN5 | 0.000% | Jul 7, 2026 | $69.22bn | – | $3.37bn | $65.85bn | 99.0173 | 99.3200 | 1.030% | +0.306% | +0.00315% |
| 91282CLB5 | 4.375% | Jul 31, 2026 | $72.80bn | $5.09bn | $3.80bn | $63.91bn | 100.9439 | 101.2440 | 1.019% | +0.297% | +0.00303% |
| 91282CLH2 | 3.750% | Aug 31, 2026 | $74.49bn | $4.81bn | $5.49bn | $64.19bn | 100.2948 | 100.6005 | 1.017% | +0.305% | +0.00310% |
| 912797UP0 | 0.000% | Jul 14, 2026 | $69.52bn | – | $4.85bn | $64.67bn | 98.9529 | 99.2521 | 1.011% | +0.302% | +0.00306% |
| 91282CKS9 | 4.875% | May 31, 2026 | $73.10bn | $6.86bn | $4.10bn | $62.14bn | 101.7902 | 102.0982 | 0.999% | +0.303% | +0.00302% |
| 912797TU1 | 0.000% | Jun 2, 2026 | $69.26bn | – | $6.49bn | $62.76bn | 99.3665 | 99.6709 | 0.985% | +0.306% | +0.00302% |
| 912797UQ8 | 0.000% | Jul 21, 2026 | $69.48bn | – | $6.46bn | $63.02bn | 98.8769 | 99.1823 | 0.984% | +0.309% | +0.00304% |
| 912797UB1 | 0.000% | Jun 23, 2026 | $69.19bn | – | $8.35bn | $60.85bn | 99.1623 | 99.4570 | 0.953% | +0.297% | +0.00283% |
| 912797UA3 | 0.000% | Jun 16, 2026 | $69.18bn | – | $9.58bn | $59.61bn | 99.2300 | 99.5300 | 0.934% | +0.302% | +0.00282% |
| 912797TZ0 | 0.000% | Jun 9, 2026 | $69.20bn | – | $10.08bn | $59.12bn | 99.3000 | 99.6000 | 0.927% | +0.302% | +0.00280% |
| 912797UC9 | 0.000% | Jun 30, 2026 | $70.19bn | – | $11.31bn | $58.88bn | 99.0875 | 99.3883 | 0.921% | +0.304% | +0.00280% |
| 91282CDK4 | 1.250% | Nov 30, 2026 | $63.86bn | $2.10bn | $4.96bn | $56.80bn | 98.7627 | 99.0845 | 0.886% | +0.326% | +0.00289% |
| 91282CDG3 | 1.125% | Oct 31, 2026 | $67.20bn | $615.0m | $9.95bn | $56.64bn | 98.9411 | 98.7218 | 0.885% | +0.347% | +0.00307% |
| 91282CCZ2 | 0.875% | Sep 30, 2026 | $68.35bn | $100.0m | $11.51bn | $56.73bn | 98.5961 | 98.9179 | 0.883% | +0.326% | +0.00288% |
| 91282CKE0 | 4.250% | Mar 15, 2027 | $56.00bn | $553.0m | – | $55.45bn | 100.6651 | 100.9490 | 0.881% | +0.282% | +0.00249% |
| 91282CDQ1 | 1.250% | Dec 31, 2026 | $64.74bn | $1.25bn | $7.74bn | $55.76bn | 98.4705 | 98.7928 | 0.867% | +0.327% | +0.00284% |
| 9128282A7 | 1.500% | Aug 15, 2026 | $65.36bn | $952.0m | $10.76bn | $53.64bn | 99.3427 | 99.6545 | 0.842% | +0.314% | +0.00264% |
| 91282CCP4 | 0.625% | Jul 31, 2026 | $66.84bn | $2.74bn | $11.19bn | $52.91bn | 99.0723 | 99.4054 | 0.828% | +0.336% | +0.00278% |
| 91282CJT9 | 4.000% | Jan 15, 2027 | $52.00bn | $878.0m | – | $51.12bn | 101.0273 | 101.3588 | 0.816% | +0.328% | +0.00268% |
| 91282CCJ8 | 0.875% | Jun 30, 2026 | $70.26bn | – | $18.42bn | $51.84bn | 99.5012 | 99.8237 | 0.815% | +0.324% | +0.00264% |
| 91282CCW9 | 0.750% | Aug 31, 2026 | $68.66bn | $8.32bn | $8.34bn | $52.00bn | 98.8465 | 99.1576 | 0.812% | +0.315% | +0.00256% |
| 91282CKA8 | 4.125% | Feb 15, 2027 | $57.99bn | $3.12bn | $3.99bn | $50.88bn | 100.8253 | 101.1359 | 0.810% | +0.308% | +0.00250% |
| 91282CCF6 | 0.750% | May 31, 2026 | $72.84bn | $7.61bn | $14.04bn | $51.19bn | 99.7514 | 100.0632 | 0.806% | +0.313% | +0.00252% |
| 91282CJP7 | 4.375% | Dec 15, 2026 | $50.00bn | – | – | $50.00bn | 101.7236 | 102.0529 | 0.803% | +0.324% | +0.00260% |
| 91282CEF4 | 2.500% | Mar 31, 2027 | $60.49bn | $450.0m | $9.49bn | $50.55bn | 98.7881 | 99.0867 | 0.789% | +0.302% | +0.00238% |
| 91282CEC1 | 1.875% | Feb 28, 2027 | $62.08bn | $3.03bn | $9.05bn | $49.99bn | 98.4755 | 98.7846 | 0.777% | +0.314% | +0.00244% |
| 912828R36 | 1.625% | May 15, 2026 | $69.50bn | $2.63bn | $18.77bn | $48.10bn | 100.3650 | 100.6559 | 0.762% | +0.290% | +0.00221% |
| 912797UD7 | 0.000% | Mar 18, 2027 | $54.01bn | – | $4.01bn | $50.00bn | 96.5387 | 96.8158 | 0.762% | +0.287% | +0.00219% |
| 912797TM9 | 0.000% | Jan 21, 2027 | $52.17bn | – | $2.75bn | $49.42bn | 97.1140 | 97.3843 | 0.758% | +0.278% | +0.00211% |
| 91282CJK8 | 4.625% | Nov 15, 2026 | $48.91bn | $1.08bn | $913.4m | $46.92bn | 102.2503 | 102.6024 | 0.758% | +0.344% | +0.00261% |
| 912797TC1 | 0.000% | Dec 24, 2026 | $52.30bn | – | $4.56bn | $47.74bn | 97.3721 | 97.6531 | 0.734% | +0.289% | +0.00212% |
| 912828U24 | 2.000% | Nov 15, 2026 | $69.14bn | $4.86bn | $17.85bn | $46.44bn | 99.6632 | 100.0164 | 0.731% | +0.354% | +0.00259% |
| 912797TV9 | 0.000% | Feb 18, 2027 | $52.28bn | – | $5.54bn | $46.74bn | 96.8140 | 97.0927 | 0.715% | +0.288% | +0.00206% |
| 912797SA6 | 0.000% | Oct 1, 2026 | $52.87bn | – | $7.35bn | $45.52bn | 98.1600 | 98.4686 | 0.706% | +0.314% | +0.00222% |
| 91282CJC6 | 4.625% | Oct 15, 2026 | $46.00bn | $3.51bn | – | $42.49bn | 102.5721 | 100.6084 | 0.688% | +0.340% | +0.00234% |
| 91282CHY0 | 4.625% | Sep 15, 2026 | $44.00bn | $919.0m | – | $43.08bn | 100.5887 | 100.9032 | 0.684% | +0.313% | +0.00214% |
| 912797SK4 | 0.000% | Oct 29, 2026 | $52.80bn | – | $9.10bn | $43.70bn | 97.9036 | 98.1901 | 0.676% | +0.293% | +0.00198% |
| 912828V98 | 2.250% | Feb 15, 2027 | $65.82bn | $3.12bn | $19.95bn | $42.75bn | 98.9984 | 99.3099 | 0.668% | +0.315% | +0.00210% |
| 912797SU2 | 0.000% | Nov 27, 2026 | $52.31bn | – | $10.12bn | $42.19bn | 97.6235 | 97.9134 | 0.650% | +0.297% | +0.00193% |
| 91282CHH7 | 4.125% | Jun 15, 2026 | $40.00bn | – | – | $40.00bn | 101.3063 | 101.5838 | 0.640% | +0.274% | +0.00175% |
| 91282CHU8 | 4.375% | Aug 15, 2026 | $57.71bn | $1.98bn | $15.71bn | $40.02bn | 100.7626 | 101.0939 | 0.637% | +0.329% | +0.00209% |
| 91282CHM6 | 4.500% | Jul 15, 2026 | $40.00bn | $2.71bn | $4.0m | $37.28bn | 101.1323 | 101.4739 | 0.595% | +0.338% | +0.00201% |
| 91282CHB0 | 3.625% | May 15, 2026 | $50.90bn | $4.79bn | $10.91bn | $35.20bn | 101.3406 | 101.6723 | 0.563% | +0.327% | +0.00184% |
| 9128287B0 | 1.875% | Jun 30, 2026 | $33.83bn | – | $10.16bn | $23.67bn | 100.0026 | 100.3142 | 0.374% | +0.312% | +0.00116% |
| 9128286X3 | 2.125% | May 31, 2026 | $35.36bn | $1.35bn | $11.22bn | $22.79bn | 100.4310 | 100.7311 | 0.361% | +0.299% | +0.00108% |
| 912828YQ7 | 1.625% | Oct 31, 2026 | $35.35bn | $363.0m | $12.05bn | $22.93bn | 99.4323 | 98.9419 | 0.360% | +0.324% | +0.00117% |
| 912828YX2 | 1.750% | Dec 31, 2026 | $35.01bn | – | $11.97bn | $23.04bn | 98.9399 | 99.2724 | 0.360% | +0.336% | +0.00121% |
| 912828Y95 | 1.875% | Jul 31, 2026 | $33.27bn | $2.29bn | $9.22bn | $21.75bn | 99.6858 | 99.9974 | 0.342% | +0.313% | +0.00107% |
| 912828ZE3 | 0.625% | Mar 31, 2027 | $36.30bn | $414.0m | $13.70bn | $22.19bn | 96.9705 | 97.2717 | 0.340% | +0.311% | +0.00106% |
| 912828YD6 | 1.375% | Aug 31, 2026 | $36.16bn | $2.32bn | $12.78bn | $21.05bn | 99.1196 | 99.4504 | 0.330% | +0.334% | +0.00110% |
| 912828YU8 | 1.625% | Nov 30, 2026 | $34.54bn | $1.91bn | $12.82bn | $19.82bn | 99.1384 | 99.4598 | 0.310% | +0.324% | +0.00101% |
| 912828YG9 | 1.625% | Sep 30, 2026 | $35.32bn | – | $17.47bn | $17.85bn | 98.9419 | 99.2626 | 0.279% | +0.324% | +0.00090% |
| 912828ZB9 | 1.125% | Feb 28, 2027 | $36.84bn | – | $23.16bn | $13.68bn | 97.7541 | 98.0333 | 0.211% | +0.286% | +0.00060% |
| 912810EY0 | 6.500% | Nov 15, 2026 | $11.47bn | $633.0m | $6.59bn | $4.24bn | 103.9287 | 104.1861 | 0.070% | +0.248% | +0.00017% |
| 912810EX2 | 6.750% | Aug 15, 2026 | $10.90bn | $2.08bn | $5.14bn | $3.68bn | 101.8391 | 102.0235 | 0.059% | +0.181% | +0.00011% |
| 912810EZ7 | 6.625% | Feb 15, 2027 | $10.45bn | $934.0m | $6.67bn | $2.85bn | 103.1673 | 103.4663 | 0.047% | +0.290% | +0.00013% |
| Total | $6.37tn | 100.000% | +0.30847% | ||||||||
Prices are dirty, clean bid plus accrued, from Treasury's own end-of-day file. A security's return includes coupons received during the month, which are held as cash to the next reconstitution rather than reinvested intra-month. A dash in a deduction column means that security has none.