Treasury bond

912810FM5 · 6.25% due May 15, 2030

Original term
30-Year 3-Month
Maturity
May 15, 2030
Coupon
6.250%
Pays
Semi-Annual
Dated
Nov 15, 1999
First coupon
May 15, 2000
Priced through
Nov 9, 2026
Analyzed through
Nov 9, 2026

Statement of October 31, 2026

Amount outstanding
$17.04bn
Held stripped
$613.0m
Share stripped
3.60%

Stripped par is held as separate interest and principal components rather than as whole securities. The Safe Rate indices deliberately do not deduct it, and the whole-market figure is published so that decision can be argued with. 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.

Risk, November 9, 2026

Yield to maturity
4.671%
Modified duration
3.056 yr
DV01
0.0330
Convexity
0.116
Dirty price
108.103

Where its rate sensitivity sits

0.01
0.05
0.11
2.23
0.73
3M
6M
1Y
2Y
3Y
5Y
7Y
10Y
15Y
20Y
25Y
30Y
Sensitivity to a one basis point move at each point on the curve, in years. Concentrated in 5 of twelve buckets, summing to 3.123 years against a modified duration of 3.056.

Against the fitted curve

Priced 2.7 bp cheap to the curve on that day, 8.84 cents per 100 of face.

That is -0.97 standard deviations from its own typical residual.

Yield to maturity, 4,547 observations

0%1%2%3%4%5%6%Sep 2, 2008Nov 9, 2026Sep 2, 2008Yield to maturity4.392%Sep 29, 2008Yield to maturity4.258%Oct 27, 2008Yield to maturity4.399%Nov 24, 2008Yield to maturity4.014%Dec 22, 2008Yield to maturity2.907%Jan 21, 2009Yield to maturity3.490%Feb 18, 2009Yield to maturity3.774%Mar 17, 2009Yield to maturity4.004%Apr 14, 2009Yield to maturity3.725%May 11, 2009Yield to maturity4.150%Jun 8, 2009Yield to maturity4.646%Jul 6, 2009Yield to maturity4.297%Jul 31, 2009Yield to maturity4.289%Aug 27, 2009Yield to maturity4.185%Sep 24, 2009Yield to maturity4.143%Oct 22, 2009Yield to maturity4.214%Nov 19, 2009Yield to maturity4.191%Dec 17, 2009Yield to maturity4.298%Jan 15, 2010Yield to maturity4.464%Feb 12, 2010Yield to maturity4.507%Mar 12, 2010Yield to maturity4.465%Apr 8, 2010Yield to maturity4.584%May 5, 2010Yield to maturity4.215%Jun 2, 2010Yield to maturity4.065%Jun 29, 2010Yield to maturity3.744%Jul 27, 2010Yield to maturity3.861%Aug 23, 2010Yield to maturity3.353%Sep 20, 2010Yield to maturity3.544%Oct 18, 2010Yield to maturity3.527%Nov 15, 2010Yield to maturity3.966%Dec 13, 2010Yield to maturity4.122%Jan 10, 2011Yield to maturity4.191%Feb 7, 2011Yield to maturity4.460%Mar 7, 2011Yield to maturity4.320%Apr 1, 2011Yield to maturity4.227%Apr 29, 2011Yield to maturity4.106%May 26, 2011Yield to maturity3.871%Jun 23, 2011Yield to maturity3.784%Jul 21, 2011Yield to maturity3.913%Aug 17, 2011Yield to maturity3.059%Sep 14, 2011Yield to maturity2.837%Oct 12, 2011Yield to maturity2.891%Nov 8, 2011Yield to maturity2.783%Dec 7, 2011Yield to maturity2.684%Jan 5, 2012Yield to maturity2.678%Feb 2, 2012Yield to maturity2.567%Mar 1, 2012Yield to maturity2.734%Mar 28, 2012Yield to maturity2.895%Apr 24, 2012Yield to maturity2.661%May 21, 2012Yield to maturity2.322%Jun 18, 2012Yield to maturity2.180%Jul 16, 2012Yield to maturity2.082%Aug 10, 2012Yield to maturity2.271%Sep 7, 2012Yield to maturity2.304%Oct 4, 2012Yield to maturity2.357%Nov 2, 2012Yield to maturity2.380%Dec 3, 2012Yield to maturity2.243%Dec 31, 2012Yield to maturity2.405%Jan 29, 2013Yield to maturity2.656%Feb 26, 2013Yield to maturity2.543%Mar 25, 2013Yield to maturity2.601%Apr 22, 2013Yield to maturity2.334%May 17, 2013Yield to maturity2.608%Jun 14, 2013Yield to maturity2.785%Jul 12, 2013Yield to maturity3.195%Aug 8, 2013Yield to maturity3.205%Sep 5, 2013Yield to maturity3.500%Oct 2, 2013Yield to maturity3.216%Oct 30, 2013Yield to maturity3.137%Nov 27, 2013Yield to maturity3.340%Dec 26, 2013Yield to maturity3.513%Jan 24, 2014Yield to maturity3.228%Feb 21, 2014Yield to maturity3.243%Mar 20, 2014Yield to maturity3.239%Apr 16, 2014Yield to maturity3.059%May 14, 2014Yield to maturity2.936%Jun 11, 2014Yield to maturity3.048%Jul 9, 2014Yield to maturity2.944%Aug 5, 2014Yield to maturity2.863%Sep 2, 2014Yield to maturity2.768%Sep 30, 2014Yield to maturity2.838%Oct 28, 2014Yield to maturity2.631%Nov 26, 2014Yield to maturity2.531%Dec 24, 2014Yield to maturity2.465%Jan 23, 2015Yield to maturity2.056%Feb 20, 2015Yield to maturity2.433%Mar 19, 2015Yield to maturity2.221%Apr 15, 2015Yield to maturity2.176%May 12, 2015Yield to maturity2.581%Jun 9, 2015Yield to maturity2.696%Jul 7, 2015Yield to maturity2.534%Aug 3, 2015Yield to maturity2.357%Aug 28, 2015Yield to maturity2.468%Sep 25, 2015Yield to maturity2.417%Oct 23, 2015Yield to maturity2.362%Nov 20, 2015Yield to maturity2.515%Dec 18, 2015Yield to maturity2.391%Jan 19, 2016Yield to maturity2.267%Feb 16, 2016Yield to maturity2.008%Mar 14, 2016Yield to maturity2.152%Apr 11, 2016Yield to maturity1.905%May 6, 2016Yield to maturity1.965%Jun 3, 2016Yield to maturity1.866%Jun 30, 2016Yield to maturity1.624%Jul 28, 2016Yield to maturity1.624%Aug 24, 2016Yield to maturity1.673%Sep 21, 2016Yield to maturity1.804%Oct 19, 2016Yield to maturity1.898%Nov 16, 2016Yield to maturity2.374%Dec 14, 2016Yield to maturity2.672%Jan 12, 2017Yield to maturity2.459%Feb 9, 2017Yield to maturity2.511%Mar 9, 2017Yield to maturity2.718%Apr 5, 2017Yield to maturity2.437%May 3, 2017Yield to maturity2.433%May 31, 2017Yield to maturity2.320%Jun 27, 2017Yield to maturity2.289%Jul 25, 2017Yield to maturity2.423%Aug 21, 2017Yield to maturity2.279%Sep 18, 2017Yield to maturity2.307%Oct 16, 2017Yield to maturity2.343%Nov 10, 2017Yield to maturity2.443%Dec 8, 2017Yield to maturity2.426%Jan 8, 2018Yield to maturity2.502%Feb 5, 2018Yield to maturity2.792%Mar 5, 2018Yield to maturity2.921%Apr 2, 2018Yield to maturity2.756%Apr 27, 2018Yield to maturity2.975%May 24, 2018Yield to maturity2.999%Jun 21, 2018Yield to maturity2.916%Jul 19, 2018Yield to maturity2.861%Aug 15, 2018Yield to maturity2.883%Sep 12, 2018Yield to maturity2.980%Oct 10, 2018Yield to maturity3.228%Nov 6, 2018Yield to maturity3.234%Dec 6, 2018Yield to maturity2.898%Jan 4, 2019Yield to maturity2.698%Feb 1, 2019Yield to maturity2.729%Mar 1, 2019Yield to maturity2.794%Mar 28, 2019Yield to maturity2.424%Apr 25, 2019Yield to maturity2.561%May 22, 2019Yield to maturity2.418%Jun 19, 2019Yield to maturity2.053%Jul 17, 2019Yield to maturity2.076%Aug 13, 2019Yield to maturity1.680%Sep 10, 2019Yield to maturity1.723%Oct 7, 2019Yield to maturity1.566%Nov 4, 2019Yield to maturity1.789%Dec 3, 2019Yield to maturity1.714%Dec 31, 2019Yield to maturity1.914%Jan 29, 2020Yield to maturity1.578%Feb 26, 2020Yield to maturity1.317%Mar 24, 2020Yield to maturity0.919%Apr 21, 2020Yield to maturity0.598%May 18, 2020Yield to maturity0.709%Jun 15, 2020Yield to maturity0.664%Jul 13, 2020Yield to maturity0.591%Aug 7, 2020Yield to maturity0.526%Sep 3, 2020Yield to maturity0.568%Oct 1, 2020Yield to maturity0.604%Oct 29, 2020Yield to maturity0.758%Nov 27, 2020Yield to maturity0.753%Dec 24, 2020Yield to maturity0.825%Jan 25, 2021Yield to maturity0.917%Feb 22, 2021Yield to maturity1.209%Mar 19, 2021Yield to maturity1.572%Apr 15, 2021Yield to maturity1.403%May 12, 2021Yield to maturity1.527%Jun 9, 2021Yield to maturity1.337%Jul 7, 2021Yield to maturity1.198%Aug 3, 2021Yield to maturity1.047%Aug 30, 2021Yield to maturity1.151%Sep 27, 2021Yield to maturity1.354%Oct 25, 2021Yield to maturity1.513%Nov 22, 2021Yield to maturity1.539%Dec 20, 2021Yield to maturity1.335%Jan 18, 2022Yield to maturity1.796%Feb 14, 2022Yield to maturity1.965%Mar 14, 2022Yield to maturity2.125%Apr 8, 2022Yield to maturity2.745%May 6, 2022Yield to maturity3.114%Jun 3, 2022Yield to maturity2.956%Jul 1, 2022Yield to maturity2.895%Jul 29, 2022Yield to maturity2.684%Aug 25, 2022Yield to maturity3.105%Sep 22, 2022Yield to maturity3.829%Oct 20, 2022Yield to maturity4.393%Nov 17, 2022Yield to maturity3.920%Dec 15, 2022Yield to maturity3.615%Jan 13, 2023Yield to maturity3.612%Feb 10, 2023Yield to maturity3.876%Mar 10, 2023Yield to maturity3.865%Apr 6, 2023Yield to maturity3.365%May 3, 2023Yield to maturity3.405%May 31, 2023Yield to maturity3.734%Jun 28, 2023Yield to maturity3.889%Jul 26, 2023Yield to maturity4.043%Aug 22, 2023Yield to maturity4.483%Sep 19, 2023Yield to maturity4.524%Oct 17, 2023Yield to maturity4.928%Nov 13, 2023Yield to maturity4.738%Dec 11, 2023Yield to maturity4.305%Jan 9, 2024Yield to maturity4.046%Feb 6, 2024Yield to maturity4.115%Mar 5, 2024Yield to maturity4.190%Apr 2, 2024Yield to maturity4.407%Apr 29, 2024Yield to maturity4.695%May 24, 2024Yield to maturity4.575%Jun 24, 2024Yield to maturity4.297%Jul 22, 2024Yield to maturity4.211%Aug 16, 2024Yield to maturity3.815%Sep 13, 2024Yield to maturity3.513%Oct 10, 2024Yield to maturity3.968%Nov 7, 2024Yield to maturity4.243%Dec 6, 2024Yield to maturity4.100%Jan 6, 2025Yield to maturity4.478%Feb 3, 2025Yield to maturity4.405%Mar 3, 2025Yield to maturity4.017%Mar 28, 2025Yield to maturity4.029%Apr 25, 2025Yield to maturity3.948%May 22, 2025Yield to maturity4.159%Jun 20, 2025Yield to maturity4.007%Jul 18, 2025Yield to maturity3.996%Aug 14, 2025Yield to maturity3.845%Sep 11, 2025Yield to maturity3.618%Oct 8, 2025Yield to maturity3.757%Nov 5, 2025Yield to maturity3.786%Dec 4, 2025Yield to maturity3.697%Jan 2, 2026Yield to maturity3.741%Jan 30, 2026Yield to maturity3.792%Feb 27, 2026Yield to maturity3.516%Mar 26, 2026Yield to maturity4.116%Apr 22, 2026Yield to maturity3.914%May 19, 2026Yield to maturity4.319%Jun 16, 2026Yield to maturity4.168%Jul 15, 2026Yield to maturity4.249%Aug 11, 2026Yield to maturity4.371%Sep 8, 2026Yield to maturity4.543%Oct 5, 2026Yield to maturity5.060%Nov 2, 2026Yield to maturity4.706%Nov 9, 2026Yield to maturity4.671%

Price history

4,547 trading days to Nov 9, 2026

100110120130140150160170Sep 2, 2008Nov 9, 2026Sep 2, 2008Close125.813Sep 29, 2008Close127.969Oct 27, 2008Close125.594Nov 24, 2008Close131.969Dec 22, 2008Close152.969Jan 21, 2009Close141.250Feb 18, 2009Close135.938Mar 17, 2009Close131.844Apr 14, 2009Close136.656May 11, 2009Close129.250Jun 8, 2009Close121.313Jul 6, 2009Close126.719Jul 31, 2009Close126.781Aug 27, 2009Close128.406Sep 24, 2009Close129.031Oct 22, 2009Close127.813Nov 19, 2009Close128.125Dec 17, 2009Close126.344Jan 15, 2010Close123.688Feb 12, 2010Close122.969Mar 12, 2010Close123.563Apr 8, 2010Close121.719May 5, 2010Close127.344Jun 2, 2010Close129.656Jun 29, 2010Close134.906Jul 27, 2010Close132.844Aug 23, 2010Close141.563Sep 20, 2010Close138.063Oct 18, 2010Close138.250Nov 15, 2010Close130.813Dec 13, 2010Close128.250Jan 10, 2011Close127.094Feb 7, 2011Close122.969Mar 7, 2011Close125.000Apr 1, 2011Close126.344Apr 29, 2011Close128.125May 26, 2011Close131.750Jun 23, 2011Close133.063Jul 21, 2011Close130.906Aug 17, 2011Close145.250Sep 14, 2011Close149.188Oct 12, 2011Close148.031Nov 8, 2011Close149.906Dec 7, 2011Close151.594Jan 5, 2012Close151.531Feb 2, 2012Close153.469Mar 1, 2012Close150.156Mar 28, 2012Close147.063Apr 24, 2012Close151.188May 21, 2012Close157.469Jun 18, 2012Close160.063Jul 16, 2012Close161.813Aug 10, 2012Close157.875Sep 7, 2012Close157.031Oct 4, 2012Close155.844Nov 2, 2012Close155.188Dec 3, 2012Close157.594Dec 31, 2012Close154.313Jan 29, 2013Close149.563Feb 26, 2013Close151.406Mar 25, 2013Close150.188Apr 22, 2013Close154.844May 17, 2013Close149.719Jun 14, 2013Close146.469Jul 12, 2013Close139.531Aug 8, 2013Close139.250Sep 5, 2013Close134.531Oct 2, 2013Close138.813Oct 30, 2013Close139.938Nov 27, 2013Close136.625Dec 26, 2013Close133.875Jan 24, 2014Close138.063Feb 21, 2014Close137.688Mar 20, 2014Close137.625Apr 16, 2014Close140.281May 14, 2014Close142.063Jun 11, 2014Close140.156Jul 9, 2014Close141.625Aug 5, 2014Close142.750Sep 2, 2014Close144.094Sep 30, 2014Close142.813Oct 28, 2014Close145.938Nov 26, 2014Close147.344Dec 24, 2014Close148.219Jan 23, 2015Close154.813Feb 20, 2015Close148.313Mar 19, 2015Close151.594Apr 15, 2015Close152.125May 12, 2015Close145.406Jun 9, 2015Close143.438Jul 7, 2015Close145.750Aug 3, 2015Close148.344Aug 28, 2015Close146.406Sep 25, 2015Close147.000Oct 23, 2015Close147.656Nov 20, 2015Close145.094Dec 18, 2015Close146.781Jan 19, 2016Close148.469Feb 16, 2016Close152.313Mar 14, 2016Close149.813Apr 11, 2016Close153.469May 6, 2016Close152.281Jun 3, 2016Close153.594Jun 30, 2016Close157.250Jul 28, 2016Close156.969Aug 24, 2016Close155.906Sep 21, 2016Close153.563Oct 19, 2016Close151.844Nov 16, 2016Close144.531Dec 14, 2016Close140.125Jan 12, 2017Close142.875Feb 9, 2017Close141.938Mar 9, 2017Close138.906Apr 5, 2017Close142.563May 3, 2017Close142.406May 31, 2017Close143.750Jun 27, 2017Close143.969Jul 25, 2017Close141.906Aug 21, 2017Close143.656Sep 18, 2017Close143.063Oct 16, 2017Close142.344Nov 10, 2017Close140.813Dec 8, 2017Close140.813Jan 8, 2018Close139.594Feb 5, 2018Close135.719Mar 5, 2018Close133.938Apr 2, 2018Close135.781Apr 27, 2018Close132.938May 24, 2018Close132.500Jun 21, 2018Close133.313Jul 19, 2018Close133.781Aug 15, 2018Close133.344Sep 12, 2018Close132.031Oct 10, 2018Close129.031Nov 6, 2018Close128.813Dec 6, 2018Close132.438Jan 4, 2019Close134.531Feb 1, 2019Close133.969Mar 1, 2019Close133.031Mar 28, 2019Close137.125Apr 25, 2019Close135.313May 22, 2019Close136.750Jun 19, 2019Close140.813Jul 17, 2019Close140.281Aug 13, 2019Close144.781Sep 10, 2019Close143.969Oct 7, 2019Close145.594Nov 4, 2019Close142.625Dec 3, 2019Close143.219Dec 31, 2019Close140.594Jan 29, 2020Close144.219Feb 26, 2020Close147.000Mar 24, 2020Close151.500Apr 21, 2020Close155.125May 18, 2020Close153.344Jun 15, 2020Close153.500Jul 13, 2020Close154.000Aug 7, 2020Close154.406Sep 3, 2020Close153.531Oct 1, 2020Close152.688Oct 29, 2020Close150.469Nov 27, 2020Close150.094Dec 24, 2020Close148.875Jan 25, 2021Close147.438Feb 22, 2021Close143.875Mar 19, 2021Close139.719Apr 15, 2021Close141.188May 12, 2021Close139.594Jun 9, 2021Close141.219Jul 7, 2021Close142.313Aug 3, 2021Close143.531Aug 30, 2021Close142.125Sep 27, 2021Close139.750Oct 25, 2021Close137.875Nov 22, 2021Close137.313Dec 20, 2021Close138.938Jan 18, 2022Close134.281Feb 14, 2022Close132.469Mar 14, 2022Close130.781Apr 8, 2022Close125.281May 6, 2022Close122.094Jun 3, 2022Close123.156Jul 1, 2022Close123.438Jul 29, 2022Close124.906Aug 25, 2022Close121.438Sep 22, 2022Close115.906Oct 20, 2022Close111.844Nov 17, 2022Close115.000Dec 15, 2022Close117.000Jan 13, 2023Close116.844Feb 10, 2023Close114.875Mar 10, 2023Close114.813Apr 6, 2023Close118.094May 3, 2023Close117.656May 31, 2023Close115.281Jun 28, 2023Close114.125Jul 26, 2023Close113.000Aug 22, 2023Close110.156Sep 19, 2023Close109.813Oct 17, 2023Close107.344Nov 13, 2023Close108.375Dec 11, 2023Close110.813Jan 9, 2024Close112.219Feb 6, 2024Close111.688Mar 5, 2024Close111.125Apr 2, 2024Close109.781Apr 29, 2024Close108.094May 24, 2024Close108.656Jun 24, 2024Close110.063Jul 22, 2024Close110.406Aug 16, 2024Close112.438Sep 13, 2024Close113.938Oct 10, 2024Close111.344Nov 7, 2024Close109.781Dec 6, 2024Close110.375Jan 6, 2025Close108.344Feb 3, 2025Close108.594Mar 3, 2025Close110.375Mar 28, 2025Close110.188Apr 25, 2025Close110.438May 22, 2025Close109.313Jun 20, 2025Close109.875Jul 18, 2025Close109.781Aug 14, 2025Close110.344Sep 11, 2025Close111.219Oct 8, 2025Close110.438Nov 5, 2025Close110.156Dec 4, 2025Close110.375Jan 2, 2026Close110.000Jan 30, 2026Close109.625Feb 27, 2026Close110.594Mar 26, 2026Close108.031Apr 22, 2026Close108.688May 19, 2026Close107.000Jun 16, 2026Close107.438Jul 15, 2026Close107.000Aug 11, 2026Close106.438Sep 8, 2026Close105.719Oct 5, 2026Close103.875Nov 2, 2026Close104.969Nov 9, 2026Close105.063
The most recent 20 trading days of prices for 912810FM5.
DateBidOfferClose
Nov 9, 2026105.031105.234105.063
Nov 6, 2026105.125105.313105.156
Nov 5, 2026105.156105.375105.313
Nov 4, 2026104.938105.125105.031
Nov 3, 2026104.844105.063104.844
Nov 2, 2026105.000105.188104.969
Oct 30, 2026104.813105.031104.938
Oct 29, 2026104.688104.906104.719
Oct 28, 2026104.375104.547104.406
Oct 27, 2026104.500104.688104.500
Oct 26, 2026104.563104.750104.500
Oct 23, 2026104.563104.781104.625
Oct 22, 2026104.531104.750104.719
Oct 21, 2026104.219104.422104.156
Oct 20, 2026104.281104.484104.219
Oct 19, 2026104.250104.469104.250
Oct 16, 2026104.406104.625104.375
Oct 15, 2026104.281104.500104.313
Oct 14, 2026103.875104.063104.063
Oct 13, 2026104.031104.234104.063

Prices are per 100 of face, from Treasury's own end-of-day file. A dash means that side was not quoted that day, which is almost always the offer and almost always near maturity: a holder of a bill days from paying par has little reason to sell it.

2 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.

Auction history for 912810FM5.
Auction dateIssuedTypeOfferedAcceptedBid to coverHigh yield
Feb 10, 2000Feb 15, 2000New issue$10.0bn$11.3bn1.33x6.340%
Aug 10, 2000Aug 15, 2000Reopening$5.0bn$5.8bn3.71x5.697%

The curve this was priced against →

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.