Treasury bond

912810RZ3 · 2.75% due November 15, 2047

Original term
30-Year
Maturity
Nov 15, 2047
Coupon
2.750%
Pays
Semi-Annual
Dated
Nov 15, 2017
First coupon
May 15, 2018
Priced through
Nov 9, 2026
Analyzed through
Nov 9, 2026

Statement of October 31, 2026

Amount outstanding
$39.29bn
Held stripped
$8.55bn
Share stripped
21.75%

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
5.358%
Modified duration
14.129 yr
DV01
0.0970
Convexity
2.61
Dirty price
68.681

Where its rate sensitivity sits

0.01
0.03
0.07
0.17
0.32
0.52
1.00
1.37
8.82
2.03
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 10 of twelve buckets, summing to 14.342 years against a modified duration of 14.129.

Against the fitted curve

Priced 0.4 bp rich to the curve on that day, 3.54 cents per 100 of face.

That is -0.37 standard deviations from its own typical residual.

Yield to maturity, 2,245 observations

1%2%3%4%5%6%Nov 15, 2017Nov 9, 2026Nov 15, 2017Yield to maturity2.772%Nov 30, 2017Yield to maturity2.834%Dec 14, 2017Yield to maturity2.709%Dec 29, 2017Yield to maturity2.739%Jan 16, 2018Yield to maturity2.834%Jan 30, 2018Yield to maturity2.977%Feb 13, 2018Yield to maturity3.117%Feb 28, 2018Yield to maturity3.135%Mar 14, 2018Yield to maturity3.059%Mar 28, 2018Yield to maturity3.013%Apr 12, 2018Yield to maturity3.046%Apr 26, 2018Yield to maturity3.181%May 10, 2018Yield to maturity3.121%May 24, 2018Yield to maturity3.128%Jun 8, 2018Yield to maturity3.081%Jun 22, 2018Yield to maturity3.046%Jul 9, 2018Yield to maturity2.968%Jul 23, 2018Yield to maturity3.106%Aug 6, 2018Yield to maturity3.089%Aug 20, 2018Yield to maturity2.990%Sep 4, 2018Yield to maturity3.071%Sep 18, 2018Yield to maturity3.200%Oct 2, 2018Yield to maturity3.206%Oct 17, 2018Yield to maturity3.359%Oct 31, 2018Yield to maturity3.398%Nov 15, 2018Yield to maturity3.364%Nov 30, 2018Yield to maturity3.312%Dec 17, 2018Yield to maturity3.121%Jan 2, 2019Yield to maturity2.984%Jan 16, 2019Yield to maturity3.085%Jan 31, 2019Yield to maturity3.004%Feb 14, 2019Yield to maturity3.014%Mar 1, 2019Yield to maturity3.138%Mar 15, 2019Yield to maturity3.022%Mar 29, 2019Yield to maturity2.814%Apr 12, 2019Yield to maturity2.978%Apr 29, 2019Yield to maturity2.972%May 13, 2019Yield to maturity2.837%May 28, 2019Yield to maturity2.709%Jun 11, 2019Yield to maturity2.626%Jun 25, 2019Yield to maturity2.537%Jul 10, 2019Yield to maturity2.577%Jul 24, 2019Yield to maturity2.581%Aug 7, 2019Yield to maturity2.226%Aug 21, 2019Yield to maturity2.071%Sep 5, 2019Yield to maturity2.051%Sep 19, 2019Yield to maturity2.221%Oct 3, 2019Yield to maturity2.039%Oct 18, 2019Yield to maturity2.251%Nov 1, 2019Yield to maturity2.205%Nov 18, 2019Yield to maturity2.299%Dec 3, 2019Yield to maturity2.172%Dec 17, 2019Yield to maturity2.318%Jan 2, 2020Yield to maturity2.335%Jan 16, 2020Yield to maturity2.256%Jan 31, 2020Yield to maturity2.002%Feb 14, 2020Yield to maturity2.050%Mar 2, 2020Yield to maturity1.666%Mar 16, 2020Yield to maturity1.374%Mar 30, 2020Yield to maturity1.337%Apr 14, 2020Yield to maturity1.405%Apr 28, 2020Yield to maturity1.210%May 12, 2020Yield to maturity1.379%May 27, 2020Yield to maturity1.413%Jun 10, 2020Yield to maturity1.507%Jun 24, 2020Yield to maturity1.422%Jul 9, 2020Yield to maturity1.286%Jul 23, 2020Yield to maturity1.218%Aug 6, 2020Yield to maturity1.166%Aug 20, 2020Yield to maturity1.348%Sep 3, 2020Yield to maturity1.308%Sep 18, 2020Yield to maturity1.411%Oct 2, 2020Yield to maturity1.434%Oct 19, 2020Yield to maturity1.497%Nov 2, 2020Yield to maturity1.565%Nov 17, 2020Yield to maturity1.546%Dec 2, 2020Yield to maturity1.642%Dec 16, 2020Yield to maturity1.598%Dec 31, 2020Yield to maturity1.584%Jan 15, 2021Yield to maturity1.790%Feb 1, 2021Yield to maturity1.785%Feb 16, 2021Yield to maturity2.038%Mar 2, 2021Yield to maturity2.190%Mar 16, 2021Yield to maturity2.363%Mar 30, 2021Yield to maturity2.367%Apr 13, 2021Yield to maturity2.287%Apr 27, 2021Yield to maturity2.270%May 11, 2021Yield to maturity2.334%May 25, 2021Yield to maturity2.250%Jun 9, 2021Yield to maturity2.162%Jun 23, 2021Yield to maturity2.111%Jul 8, 2021Yield to maturity1.911%Jul 22, 2021Yield to maturity1.886%Aug 5, 2021Yield to maturity1.850%Aug 19, 2021Yield to maturity1.857%Sep 2, 2021Yield to maturity1.885%Sep 17, 2021Yield to maturity1.894%Oct 1, 2021Yield to maturity2.039%Oct 18, 2021Yield to maturity2.011%Nov 1, 2021Yield to maturity1.993%Nov 16, 2021Yield to maturity2.037%Dec 1, 2021Yield to maturity1.796%Dec 15, 2021Yield to maturity1.894%Dec 30, 2021Yield to maturity1.957%Jan 13, 2022Yield to maturity2.081%Jan 28, 2022Yield to maturity2.120%Feb 11, 2022Yield to maturity2.316%Feb 28, 2022Yield to maturity2.255%Mar 14, 2022Yield to maturity2.550%Mar 28, 2022Yield to maturity2.650%Apr 11, 2022Yield to maturity2.955%Apr 26, 2022Yield to maturity2.994%May 10, 2022Yield to maturity3.292%May 24, 2022Yield to maturity3.165%Jun 8, 2022Yield to maturity3.368%Jun 23, 2022Yield to maturity3.400%Jul 8, 2022Yield to maturity3.483%Jul 22, 2022Yield to maturity3.203%Aug 5, 2022Yield to maturity3.272%Aug 19, 2022Yield to maturity3.479%Sep 2, 2022Yield to maturity3.604%Sep 19, 2022Yield to maturity3.756%Oct 3, 2022Yield to maturity3.963%Oct 18, 2022Yield to maturity4.262%Nov 1, 2022Yield to maturity4.354%Nov 16, 2022Yield to maturity4.092%Dec 1, 2022Yield to maturity3.867%Dec 15, 2022Yield to maturity3.678%Dec 30, 2022Yield to maturity4.150%Jan 17, 2023Yield to maturity3.798%Jan 31, 2023Yield to maturity3.781%Feb 14, 2023Yield to maturity3.925%Mar 1, 2023Yield to maturity4.130%Mar 15, 2023Yield to maturity3.796%Mar 29, 2023Yield to maturity3.913%Apr 12, 2023Yield to maturity3.765%Apr 26, 2023Yield to maturity3.824%May 10, 2023Yield to maturity3.919%May 24, 2023Yield to maturity4.113%Jun 8, 2023Yield to maturity4.042%Jun 23, 2023Yield to maturity3.978%Jul 10, 2023Yield to maturity4.224%Jul 24, 2023Yield to maturity4.096%Aug 7, 2023Yield to maturity4.431%Aug 21, 2023Yield to maturity4.638%Sep 5, 2023Yield to maturity4.559%Sep 19, 2023Yield to maturity4.616%Oct 3, 2023Yield to maturity5.160%Oct 18, 2023Yield to maturity5.216%Nov 1, 2023Yield to maturity5.159%Nov 15, 2023Yield to maturity4.898%Nov 30, 2023Yield to maturity4.742%Dec 14, 2023Yield to maturity4.242%Dec 29, 2023Yield to maturity4.224%Jan 16, 2024Yield to maturity4.493%Jan 30, 2024Yield to maturity4.444%Feb 13, 2024Yield to maturity4.629%Feb 28, 2024Yield to maturity4.578%Mar 13, 2024Yield to maturity4.501%Mar 27, 2024Yield to maturity4.506%Apr 11, 2024Yield to maturity4.791%Apr 25, 2024Yield to maturity4.954%May 9, 2024Yield to maturity4.737%May 23, 2024Yield to maturity4.715%Jun 7, 2024Yield to maturity4.679%Jun 24, 2024Yield to maturity4.529%Jul 9, 2024Yield to maturity4.643%Jul 23, 2024Yield to maturity4.621%Aug 6, 2024Yield to maturity4.338%Aug 20, 2024Yield to maturity4.251%Sep 4, 2024Yield to maturity4.213%Sep 18, 2024Yield to maturity4.163%Oct 2, 2024Yield to maturity4.279%Oct 17, 2024Yield to maturity4.529%Oct 31, 2024Yield to maturity4.628%Nov 15, 2024Yield to maturity4.782%Dec 2, 2024Yield to maturity4.544%Dec 16, 2024Yield to maturity4.764%Dec 31, 2024Yield to maturity4.937%Jan 15, 2025Yield to maturity5.010%Jan 30, 2025Yield to maturity4.885%Feb 13, 2025Yield to maturity4.856%Feb 28, 2025Yield to maturity4.655%Mar 14, 2025Yield to maturity4.760%Mar 28, 2025Yield to maturity4.757%Apr 11, 2025Yield to maturity5.017%Apr 28, 2025Yield to maturity4.818%May 12, 2025Yield to maturity5.023%May 27, 2025Yield to maturity5.070%Jun 10, 2025Yield to maturity5.064%Jun 25, 2025Yield to maturity4.940%Jul 10, 2025Yield to maturity4.960%Jul 24, 2025Yield to maturity5.049%Aug 7, 2025Yield to maturity4.902%Aug 21, 2025Yield to maturity5.004%Sep 5, 2025Yield to maturity4.832%Sep 19, 2025Yield to maturity4.815%Oct 3, 2025Yield to maturity4.780%Oct 20, 2025Yield to maturity4.638%Nov 3, 2025Yield to maturity4.755%Nov 18, 2025Yield to maturity4.806%Dec 3, 2025Yield to maturity4.788%Dec 17, 2025Yield to maturity4.891%Jan 2, 2026Yield to maturity4.921%Jan 16, 2026Yield to maturity4.886%Feb 2, 2026Yield to maturity4.953%Feb 17, 2026Yield to maturity4.731%Mar 3, 2026Yield to maturity4.750%Mar 17, 2026Yield to maturity4.914%Mar 31, 2026Yield to maturity4.967%Apr 14, 2026Yield to maturity4.932%Apr 28, 2026Yield to maturity5.012%May 12, 2026Yield to maturity5.105%May 27, 2026Yield to maturity5.090%Jun 10, 2026Yield to maturity5.117%Jun 25, 2026Yield to maturity4.943%Jul 10, 2026Yield to maturity5.148%Jul 24, 2026Yield to maturity5.257%Aug 7, 2026Yield to maturity5.279%Aug 21, 2026Yield to maturity5.343%Sep 4, 2026Yield to maturity5.318%Sep 21, 2026Yield to maturity5.382%Oct 5, 2026Yield to maturity5.760%Oct 20, 2026Yield to maturity5.527%Nov 3, 2026Yield to maturity5.412%Nov 9, 2026Yield to maturity5.358%

Price history

2,245 trading days to Nov 9, 2026

6080100120140160Nov 15, 2017Nov 9, 2026Nov 15, 2017Close99.563Nov 30, 2017Close98.313Dec 14, 2017Close100.844Dec 29, 2017Close100.219Jan 16, 2018Close98.313Jan 30, 2018Close95.531Feb 13, 2018Close92.906Feb 28, 2018Close92.594Mar 14, 2018Close94.000Mar 28, 2018Close94.875Apr 12, 2018Close94.250Apr 26, 2018Close91.781May 10, 2018Close92.875May 24, 2018Close92.750Jun 8, 2018Close93.625Jun 22, 2018Close94.281Jul 9, 2018Close95.750Jul 23, 2018Close93.188Aug 6, 2018Close93.500Aug 20, 2018Close95.344Sep 4, 2018Close93.844Sep 18, 2018Close91.500Oct 2, 2018Close91.406Oct 17, 2018Close88.750Oct 31, 2018Close88.094Nov 15, 2018Close88.688Nov 30, 2018Close89.594Dec 17, 2018Close92.969Jan 2, 2019Close95.500Jan 16, 2019Close93.625Jan 31, 2019Close95.125Feb 14, 2019Close94.938Mar 1, 2019Close92.688Mar 15, 2019Close94.813Mar 29, 2019Close98.750Apr 12, 2019Close95.625Apr 29, 2019Close95.750May 13, 2019Close98.313May 28, 2019Close100.813Jun 11, 2019Close102.469Jun 25, 2019Close104.281Jul 10, 2019Close103.469Jul 24, 2019Close103.375Aug 7, 2019Close110.938Aug 21, 2019Close114.469Sep 5, 2019Close114.906Sep 19, 2019Close111.031Oct 3, 2019Close115.156Oct 18, 2019Close110.344Nov 1, 2019Close111.344Nov 18, 2019Close109.281Dec 3, 2019Close112.063Dec 17, 2019Close108.844Jan 2, 2020Close108.469Jan 16, 2020Close110.156Jan 31, 2020Close115.875Feb 14, 2020Close114.750Mar 2, 2020Close123.969Mar 16, 2020Close131.563Mar 30, 2020Close132.531Apr 14, 2020Close130.656Apr 28, 2020Close135.969May 12, 2020Close131.281May 27, 2020Close130.344Jun 10, 2020Close127.844Jun 24, 2020Close130.031Jul 9, 2020Close133.656Jul 23, 2020Close135.500Aug 6, 2020Close136.906Aug 20, 2020Close131.875Sep 3, 2020Close132.906Sep 18, 2020Close130.125Oct 2, 2020Close129.469Oct 19, 2020Close127.813Nov 2, 2020Close126.031Nov 17, 2020Close126.500Dec 2, 2020Close124.063Dec 16, 2020Close125.125Dec 31, 2020Close125.438Jan 15, 2021Close120.375Feb 1, 2021Close120.469Feb 16, 2021Close114.625Mar 2, 2021Close111.281Mar 16, 2021Close107.625Mar 30, 2021Close107.531Apr 13, 2021Close109.188Apr 27, 2021Close109.531May 11, 2021Close108.188May 25, 2021Close109.938Jun 9, 2021Close111.781Jun 23, 2021Close112.875Jul 8, 2021Close117.313Jul 22, 2021Close117.844Aug 5, 2021Close118.656Aug 19, 2021Close118.469Sep 2, 2021Close117.813Sep 17, 2021Close117.594Oct 1, 2021Close114.344Oct 18, 2021Close114.938Nov 1, 2021Close115.313Nov 16, 2021Close114.344Dec 1, 2021Close119.719Dec 15, 2021Close117.469Dec 30, 2021Close116.031Jan 13, 2022Close113.313Jan 28, 2022Close112.469Feb 11, 2022Close108.375Feb 28, 2022Close109.625Mar 14, 2022Close103.750Mar 28, 2022Close101.844Apr 11, 2022Close96.344Apr 26, 2022Close95.656May 10, 2022Close90.688May 24, 2022Close92.781Jun 8, 2022Close89.500Jun 23, 2022Close89.000Jul 8, 2022Close87.719Jul 22, 2022Close92.188Aug 5, 2022Close91.063Aug 19, 2022Close87.813Sep 2, 2022Close85.938Sep 19, 2022Close83.719Oct 3, 2022Close80.813Oct 18, 2022Close76.844Nov 1, 2022Close75.688Nov 16, 2022Close79.125Dec 1, 2022Close82.219Dec 15, 2022Close84.938Dec 30, 2022Close78.406Jan 17, 2023Close83.250Jan 31, 2023Close83.500Feb 14, 2023Close81.500Mar 1, 2023Close78.750Mar 15, 2023Close83.344Mar 29, 2023Close81.719Apr 12, 2023Close83.813Apr 26, 2023Close83.000May 10, 2023Close81.688May 24, 2023Close79.094Jun 8, 2023Close80.063Jun 23, 2023Close80.938Jul 10, 2023Close77.719Jul 24, 2023Close79.406Aug 7, 2023Close75.156Aug 21, 2023Close72.688Sep 5, 2023Close73.656Sep 19, 2023Close73.000Oct 3, 2023Close66.969Oct 18, 2023Close66.406Nov 1, 2023Close67.031Nov 15, 2023Close69.875Nov 30, 2023Close71.656Dec 14, 2023Close77.719Dec 29, 2023Close77.969Jan 16, 2024Close74.656Jan 30, 2024Close75.281Feb 13, 2024Close73.094Feb 28, 2024Close73.719Mar 13, 2024Close74.656Mar 27, 2024Close74.625Apr 11, 2024Close71.344Apr 25, 2024Close69.563May 9, 2024Close72.000May 23, 2024Close72.281Jun 7, 2024Close72.719Jun 24, 2024Close74.500Jul 9, 2024Close73.188Jul 23, 2024Close73.469Aug 6, 2024Close76.875Aug 20, 2024Close77.969Sep 4, 2024Close78.469Sep 18, 2024Close79.125Oct 2, 2024Close77.688Oct 17, 2024Close74.688Oct 31, 2024Close73.563Nov 15, 2024Close71.844Dec 2, 2024Close74.594Dec 16, 2024Close72.094Dec 31, 2024Close70.219Jan 15, 2025Close69.469Jan 30, 2025Close70.844Feb 13, 2025Close71.188Feb 28, 2025Close73.469Mar 14, 2025Close72.313Mar 28, 2025Close72.375Apr 11, 2025Close69.563Apr 28, 2025Close71.750May 12, 2025Close69.563May 27, 2025Close69.094Jun 10, 2025Close69.188Jun 25, 2025Close70.531Jul 10, 2025Close70.344Jul 24, 2025Close69.438Aug 7, 2025Close71.031Aug 21, 2025Close69.969Sep 5, 2025Close71.844Sep 19, 2025Close72.063Oct 3, 2025Close72.469Oct 20, 2025Close74.094Nov 3, 2025Close72.813Nov 18, 2025Close72.281Dec 3, 2025Close72.500Dec 17, 2025Close71.406Jan 2, 2026Close71.125Jan 16, 2026Close71.531Feb 2, 2026Close70.844Feb 17, 2026Close73.281Mar 3, 2026Close73.094Mar 17, 2026Close71.344Mar 31, 2026Close70.813Apr 14, 2026Close71.219Apr 28, 2026Close70.406May 12, 2026Close69.469May 27, 2026Close69.656Jun 10, 2026Close69.406Jun 25, 2026Close71.250Jul 10, 2026Close69.156Jul 24, 2026Close68.094Aug 7, 2026Close67.906Aug 21, 2026Close67.313Sep 4, 2026Close67.594Sep 21, 2026Close67.000Oct 5, 2026Close63.500Oct 20, 2026Close65.688Nov 3, 2026Close66.813Nov 9, 2026Close67.344
The most recent 20 trading days of prices for 912810RZ3.
DateBidOfferClose
Nov 9, 202667.34467.39167.344
Nov 6, 202667.43867.46967.406
Nov 5, 202667.46967.53167.500
Nov 4, 202667.00067.03167.219
Nov 3, 202666.93866.98466.813
Nov 2, 202667.46967.51667.156
Oct 30, 202666.84466.89166.875
Oct 29, 202666.78166.82866.781
Oct 28, 202666.62566.67266.219
Oct 27, 202666.84466.89166.875
Oct 26, 202666.78166.82866.781
Oct 23, 202666.71966.76666.656
Oct 22, 202666.56366.60967.031
Oct 21, 202665.78165.82865.688
Oct 20, 202665.65665.70365.688
Oct 19, 202665.31365.35965.156
Oct 16, 202665.81365.84465.656
Oct 15, 202665.62565.68865.594
Oct 14, 202664.31364.35964.750
Oct 13, 202664.43864.46964.438

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.

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 history for 912810RZ3.
Auction dateIssuedTypeOfferedAcceptedBid to coverHigh yield
Nov 9, 2017Nov 15, 2017New issue$15.0bn$16.8bn2.23x2.801%
Dec 12, 2017Dec 15, 2017Reopening$12.0bn$12.0bn2.48x2.804%
Jan 11, 2018Jan 16, 2018Reopening$12.0bn$12.4bn2.74x2.867%

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.