This security cannot be stripped, so no stripped figure exists for it rather than one that is zero. Stripping separates a coupon security into its individual interest and principal payments, which needs more than one cashflow to separate. Market statistics.
Amount outstanding as reported by Treasury, in its Monthly Statement of the Public Debt. The Safe Rate indices weight on a different figure, float-adjusted original par, and the two are not comparable security by security. The index figures are published per holding.
Still priced, no longer analyzed. Risk numbers below are as of Oct 2, 2026, analytics stop about three months before maturity, because a security with one cashflow left does not have a meaningful yield curve exposure.
Risk, October 2, 2026
Yield to maturity
3.843%
Modified duration
0.003 yr
DV01
0.0000
Convexity
1.5e-7
Dirty price
99.989
Where its rate sensitivity sits
All of it in one place. A bill pays a single cashflow at maturity, so its key rate profile is its modified duration of 0.003 years, sitting in the nearest bucket and nothing anywhere else. That is also why its duration equals its remaining term rather than being shorter: there are no coupons to pull the average payment date forward. A twelve-bucket chart of that would be eleven empty bars.
Against the money market curve
Priced 0.00 cents per 100 of face cheap to the curve on that day.
Shown as a price rather than a yield. This bill is 4 days from redemption, and inside a month the difference between its price and the curve annualizes into a number that looks like an enormous mispricing rather than the fraction of a cent it is: worst case across eighteen years, 1,435 basis points on a residual of four cents. Its yield above is unaffected and stands: a bill quotes on an investment-rate basis, which is the market's own convention rather than an annualized stub.
Yield to maturity, 81 observations
Price history
82 trading days to Oct 5, 2026
The most recent 20 trading days of prices for 912797VK0.
Date
Bid
Offer
Close
Oct 5, 2026
–
99.989
100.000
Oct 2, 2026
–
99.958
99.989
Oct 1, 2026
–
99.947
99.958
Sep 30, 2026
–
99.937
99.947
Sep 29, 2026
99.925
99.925
99.936
Sep 28, 2026
99.915
99.915
99.925
Sep 25, 2026
99.883
99.883
99.915
Sep 24, 2026
99.874
99.873
99.883
Sep 23, 2026
99.864
99.863
99.873
Sep 22, 2026
99.853
99.853
99.863
Sep 21, 2026
99.843
99.843
99.853
Sep 18, 2026
99.811
99.811
99.843
Sep 17, 2026
99.800
99.799
99.811
Sep 16, 2026
99.793
99.792
99.799
Sep 15, 2026
99.781
99.781
99.792
Sep 14, 2026
99.771
99.771
99.781
Sep 11, 2026
99.741
99.740
99.771
Sep 10, 2026
99.733
99.732
99.743
Sep 9, 2026
99.726
99.725
99.736
Sep 8, 2026
99.715
99.715
99.725
Prices are per 100 of face, from Treasury's own end-of-day file. A dash in the bid or offer column means none was posted that day.
3 auctions
A CUSIP can be auctioned more than once: Treasury reopens an existing security rather than issuing a new one, so the same bond is sold again at whatever yield the market then wants.
Index levels before September 30, 2026 are back-tested. They were computed after the fact by applying the rules to historical data, which benefits from hindsight in the choice of rules, and an index cannot be invested in directly. Methodology v1.0 takes effect at that rebalance, when levels begin to be struck on the day; the rulebook is identical either way, and the version is published on every row.
A fitted curve is a fit, not a quote. Daily error averages 3.8 basis points across the history and reaches about 20 on the worst days, in December 2008, when the market was genuinely hard to fit one smooth curve to. Every curve page publishes its own fit error rather than burying it.
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Safe Rate™, Safe Rate Indices™ and the Safe Rate US Treasury Index™ are trademarks of Safe Rate, claimed through use in commerce and not registered. Third-party marks are the property of their owners, which are not affiliated with and do not endorse this data.
Curves are fitted from public Treasury data and carry fit error; figures are not a record of trading, and an index cannot be invested in directly. No claim of compliance with the IOSCO Principles for Financial Benchmarks is made or implied. Not investment advice, not an offer, and not a recommendation to buy or sell any security.