Treasury bond
912810RB6 · 2.875% due May 15, 2043
- Original term
- 30-Year
- Maturity
- May 15, 2043
- Coupon
- 2.875%
- Pays
- Semi-Annual
- Dated
- May 15, 2013
- First coupon
- Nov 15, 2013
- Priced through
- Sep 30, 2026
- Analyzed through
- Sep 30, 2026
Statement of August 31, 2026
- Amount outstanding
- $41.80bn
- Held stripped
- $3.60bn
- Share stripped
- 8.61%
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, September 30, 2026
- Yield to maturity
- 5.667%
- Modified duration
- 12.013 yr
- DV01
- 0.0856
- Convexity
- 1.81
- Dirty price
- 71.273
Where its rate sensitivity sits
Against the fitted curve
Priced 2.5 bp cheap to the curve on that day, 21.80 cents per 100 of face.
That is -0.51 standard deviations from its own typical residual.
Yield to maturity, 3,346 observations
Price history
3,346 trading days to Sep 30, 2026
| Date | Bid | Offer | Close |
|---|---|---|---|
| Sep 30, 2026 | 70.406 | 70.313 | 70.188 |
| Sep 29, 2026 | 70.391 | 70.313 | 70.531 |
| Sep 28, 2026 | 70.719 | 70.625 | 70.781 |
| Sep 25, 2026 | 71.094 | 71.000 | 71.313 |
| Sep 24, 2026 | 71.781 | 71.719 | 71.438 |
| Sep 23, 2026 | 72.484 | 72.406 | 72.125 |
| Sep 22, 2026 | 73.359 | 73.281 | 73.375 |
| Sep 21, 2026 | 73.375 | 73.313 | 73.344 |
| Sep 18, 2026 | 72.953 | 72.906 | 72.875 |
| Sep 17, 2026 | 73.406 | 73.344 | 73.438 |
| Sep 16, 2026 | 73.063 | 73.000 | 72.719 |
| Sep 15, 2026 | 72.766 | 72.719 | 72.688 |
| Sep 14, 2026 | 72.953 | 72.906 | 72.875 |
| Sep 11, 2026 | 73.188 | 73.125 | 72.813 |
| Sep 10, 2026 | 73.188 | 73.125 | 72.750 |
| Sep 9, 2026 | 73.609 | 73.531 | 73.813 |
| Sep 8, 2026 | 74.203 | 74.156 | 74.000 |
| Sep 4, 2026 | 74.219 | 74.156 | 74.094 |
| Sep 3, 2026 | 74.313 | 74.250 | 74.094 |
| Sep 2, 2026 | 73.891 | 73.813 | 73.875 |
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.
| Auction date | Issued | Type | Offered | Accepted | Bid to cover | High yield |
|---|---|---|---|---|---|---|
| May 9, 2013 | May 15, 2013 | New issue | $16.0bn | $16.0bn | 2.53x | 2.980% |
| Jun 13, 2013 | Jun 17, 2013 | Reopening | $13.0bn | $13.0bn | 2.47x | 3.355% |
| Jul 11, 2013 | Jul 15, 2013 | Reopening | $13.0bn | $13.0bn | 2.26x | 3.660% |