Treasury bond

912810TV0 · 4.75% due November 15, 2053

Original term
30-Year
Maturity
Nov 15, 2053
Coupon
4.750%
Pays
Semi-Annual
Dated
Nov 15, 2023
First coupon
May 15, 2024
Priced through
Nov 9, 2026
Analyzed through
Nov 9, 2026

Statement of October 31, 2026

Amount outstanding
$66.44bn
Held stripped
$10.48bn
Share stripped
15.78%

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
5.304%
Modified duration
14.245 yr
DV01
0.1345
Convexity
3.01
Dirty price
94.404

Where its rate sensitivity sits

0.01
0.04
0.09
0.21
0.40
0.65
1.26
1.72
1.71
5.41
2.87
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 11 of twelve buckets, summing to 14.377 years against a modified duration of 14.245.

Against the fitted curve

Priced 0.4 bp rich to the curve on that day, 5.11 cents per 100 of face.

That is 0.40 standard deviations from its own typical residual.

Yield to maturity, 745 observations

3.5%4.0%4.5%5.0%5.5%6.0%Nov 15, 2023Nov 9, 2026Nov 15, 2023Yield to maturity4.678%Nov 21, 2023Yield to maturity4.573%Nov 28, 2023Yield to maturity4.526%Dec 4, 2023Yield to maturity4.433%Dec 8, 2023Yield to maturity4.313%Dec 14, 2023Yield to maturity4.041%Dec 20, 2023Yield to maturity3.991%Dec 27, 2023Yield to maturity3.953%Jan 3, 2024Yield to maturity4.053%Jan 9, 2024Yield to maturity4.184%Jan 16, 2024Yield to maturity4.305%Jan 22, 2024Yield to maturity4.322%Jan 26, 2024Yield to maturity4.381%Feb 1, 2024Yield to maturity4.101%Feb 7, 2024Yield to maturity4.309%Feb 13, 2024Yield to maturity4.460%Feb 20, 2024Yield to maturity4.441%Feb 26, 2024Yield to maturity4.403%Mar 1, 2024Yield to maturity4.330%Mar 7, 2024Yield to maturity4.247%Mar 13, 2024Yield to maturity4.343%Mar 19, 2024Yield to maturity4.441%Mar 25, 2024Yield to maturity4.421%Apr 1, 2024Yield to maturity4.465%Apr 5, 2024Yield to maturity4.539%Apr 11, 2024Yield to maturity4.648%Apr 17, 2024Yield to maturity4.703%Apr 23, 2024Yield to maturity4.726%Apr 29, 2024Yield to maturity4.750%May 3, 2024Yield to maturity4.662%May 9, 2024Yield to maturity4.608%May 15, 2024Yield to maturity4.515%May 21, 2024Yield to maturity4.552%May 28, 2024Yield to maturity4.656%Jun 3, 2024Yield to maturity4.548%Jun 7, 2024Yield to maturity4.545%Jun 13, 2024Yield to maturity4.396%Jun 20, 2024Yield to maturity4.385%Jun 26, 2024Yield to maturity4.447%Jul 2, 2024Yield to maturity4.603%Jul 9, 2024Yield to maturity4.490%Jul 15, 2024Yield to maturity4.458%Jul 19, 2024Yield to maturity4.450%Jul 25, 2024Yield to maturity4.502%Jul 31, 2024Yield to maturity4.353%Aug 6, 2024Yield to maturity4.175%Aug 12, 2024Yield to maturity4.194%Aug 16, 2024Yield to maturity4.156%Aug 22, 2024Yield to maturity4.135%Aug 28, 2024Yield to maturity4.135%Sep 4, 2024Yield to maturity4.066%Sep 10, 2024Yield to maturity3.970%Sep 16, 2024Yield to maturity3.943%Sep 20, 2024Yield to maturity4.072%Sep 26, 2024Yield to maturity4.125%Oct 2, 2024Yield to maturity4.139%Oct 8, 2024Yield to maturity4.323%Oct 15, 2024Yield to maturity4.312%Oct 21, 2024Yield to maturity4.487%Oct 25, 2024Yield to maturity4.517%Oct 31, 2024Yield to maturity4.470%Nov 6, 2024Yield to maturity4.622%Nov 13, 2024Yield to maturity4.653%Nov 19, 2024Yield to maturity4.595%Nov 25, 2024Yield to maturity4.469%Dec 2, 2024Yield to maturity4.378%Dec 6, 2024Yield to maturity4.353%Dec 12, 2024Yield to maturity4.572%Dec 18, 2024Yield to maturity4.670%Dec 24, 2024Yield to maturity4.788%Dec 31, 2024Yield to maturity4.810%Jan 7, 2025Yield to maturity4.931%Jan 13, 2025Yield to maturity4.990%Jan 17, 2025Yield to maturity4.863%Jan 24, 2025Yield to maturity4.869%Jan 30, 2025Yield to maturity4.782%Feb 5, 2025Yield to maturity4.658%Feb 11, 2025Yield to maturity4.772%Feb 18, 2025Yield to maturity4.804%Feb 24, 2025Yield to maturity4.684%Feb 28, 2025Yield to maturity4.542%Mar 6, 2025Yield to maturity4.615%Mar 12, 2025Yield to maturity4.664%Mar 18, 2025Yield to maturity4.605%Mar 24, 2025Yield to maturity4.690%Mar 28, 2025Yield to maturity4.666%Apr 3, 2025Yield to maturity4.513%Apr 9, 2025Yield to maturity4.750%Apr 15, 2025Yield to maturity4.812%Apr 22, 2025Yield to maturity4.907%Apr 28, 2025Yield to maturity4.712%May 2, 2025Yield to maturity4.815%May 8, 2025Yield to maturity4.868%May 14, 2025Yield to maturity5.007%May 20, 2025Yield to maturity4.998%May 27, 2025Yield to maturity4.975%Jun 2, 2025Yield to maturity5.022%Jun 6, 2025Yield to maturity5.000%Jun 12, 2025Yield to maturity4.870%Jun 18, 2025Yield to maturity4.910%Jun 25, 2025Yield to maturity4.858%Jul 1, 2025Yield to maturity4.798%Jul 8, 2025Yield to maturity4.964%Jul 14, 2025Yield to maturity4.990%Jul 18, 2025Yield to maturity5.020%Jul 24, 2025Yield to maturity4.979%Jul 30, 2025Yield to maturity4.914%Aug 5, 2025Yield to maturity4.786%Aug 11, 2025Yield to maturity4.858%Aug 15, 2025Yield to maturity4.939%Aug 21, 2025Yield to maturity4.937%Aug 27, 2025Yield to maturity4.929%Sep 3, 2025Yield to maturity4.908%Sep 9, 2025Yield to maturity4.721%Sep 15, 2025Yield to maturity4.665%Sep 19, 2025Yield to maturity4.756%Sep 25, 2025Yield to maturity4.762%Oct 1, 2025Yield to maturity4.729%Oct 7, 2025Yield to maturity4.738%Oct 14, 2025Yield to maturity4.622%Oct 20, 2025Yield to maturity4.583%Oct 24, 2025Yield to maturity4.596%Oct 30, 2025Yield to maturity4.660%Nov 5, 2025Yield to maturity4.748%Nov 12, 2025Yield to maturity4.676%Nov 18, 2025Yield to maturity4.756%Nov 24, 2025Yield to maturity4.693%Dec 1, 2025Yield to maturity4.756%Dec 5, 2025Yield to maturity4.807%Dec 11, 2025Yield to maturity4.805%Dec 17, 2025Yield to maturity4.844%Dec 23, 2025Yield to maturity4.842%Dec 30, 2025Yield to maturity4.821%Jan 6, 2026Yield to maturity4.875%Jan 12, 2026Yield to maturity4.848%Jan 16, 2026Yield to maturity4.844%Jan 23, 2026Yield to maturity4.838%Jan 29, 2026Yield to maturity4.861%Feb 4, 2026Yield to maturity4.928%Feb 10, 2026Yield to maturity4.793%Feb 17, 2026Yield to maturity4.695%Feb 23, 2026Yield to maturity4.711%Feb 27, 2026Yield to maturity4.647%Mar 5, 2026Yield to maturity4.758%Mar 11, 2026Yield to maturity4.876%Mar 17, 2026Yield to maturity4.867%Mar 23, 2026Yield to maturity4.941%Mar 27, 2026Yield to maturity5.010%Apr 2, 2026Yield to maturity4.908%Apr 8, 2026Yield to maturity4.908%Apr 14, 2026Yield to maturity4.891%Apr 20, 2026Yield to maturity4.899%Apr 24, 2026Yield to maturity4.927%Apr 30, 2026Yield to maturity5.009%May 6, 2026Yield to maturity4.961%May 12, 2026Yield to maturity5.055%May 18, 2026Yield to maturity5.170%May 22, 2026Yield to maturity5.101%May 29, 2026Yield to maturity5.020%Jun 4, 2026Yield to maturity5.007%Jun 10, 2026Yield to maturity5.061%Jun 16, 2026Yield to maturity4.955%Jun 23, 2026Yield to maturity4.977%Jun 29, 2026Yield to maturity4.893%Jul 6, 2026Yield to maturity5.024%Jul 10, 2026Yield to maturity5.104%Jul 16, 2026Yield to maturity5.128%Jul 22, 2026Yield to maturity5.191%Jul 28, 2026Yield to maturity5.130%Aug 3, 2026Yield to maturity5.271%Aug 7, 2026Yield to maturity5.234%Aug 13, 2026Yield to maturity5.251%Aug 19, 2026Yield to maturity5.230%Aug 25, 2026Yield to maturity5.201%Aug 31, 2026Yield to maturity5.283%Sep 4, 2026Yield to maturity5.279%Sep 11, 2026Yield to maturity5.393%Sep 17, 2026Yield to maturity5.323%Sep 23, 2026Yield to maturity5.444%Sep 29, 2026Yield to maturity5.641%Oct 5, 2026Yield to maturity5.709%Oct 9, 2026Yield to maturity5.647%Oct 16, 2026Yield to maturity5.466%Oct 22, 2026Yield to maturity5.327%Oct 28, 2026Yield to maturity5.416%Nov 3, 2026Yield to maturity5.362%Nov 9, 2026Yield to maturity5.304%

Price history

745 trading days to Nov 9, 2026

859095100105110115Nov 15, 2023Nov 9, 2026Nov 15, 2023Close101.156Nov 21, 2023Close102.875Nov 28, 2023Close103.656Dec 4, 2023Close105.219Dec 8, 2023Close107.313Dec 14, 2023Close112.250Dec 20, 2023Close113.188Dec 27, 2023Close113.906Jan 3, 2024Close112.000Jan 9, 2024Close109.594Jan 16, 2024Close107.438Jan 22, 2024Close107.125Jan 26, 2024Close106.094Feb 1, 2024Close111.094Feb 7, 2024Close107.344Feb 13, 2024Close104.750Feb 20, 2024Close105.063Feb 26, 2024Close105.719Mar 1, 2024Close106.969Mar 7, 2024Close108.438Mar 13, 2024Close106.750Mar 19, 2024Close105.063Mar 25, 2024Close105.406Apr 1, 2024Close104.656Apr 5, 2024Close103.406Apr 11, 2024Close101.625Apr 17, 2024Close100.750Apr 23, 2024Close100.375Apr 29, 2024Close100.000May 3, 2024Close101.406May 9, 2024Close102.281May 15, 2024Close103.813May 21, 2024Close103.188May 28, 2024Close101.500Jun 3, 2024Close103.250Jun 7, 2024Close103.313Jun 13, 2024Close105.813Jun 20, 2024Close106.000Jun 26, 2024Close104.938Jul 2, 2024Close102.344Jul 9, 2024Close104.219Jul 15, 2024Close104.750Jul 19, 2024Close104.875Jul 25, 2024Close104.000Jul 31, 2024Close106.531Aug 6, 2024Close109.656Aug 12, 2024Close109.313Aug 16, 2024Close110.000Aug 22, 2024Close110.375Aug 28, 2024Close110.375Sep 4, 2024Close111.625Sep 10, 2024Close113.406Sep 16, 2024Close113.906Sep 20, 2024Close111.500Sep 26, 2024Close110.531Oct 2, 2024Close110.281Oct 8, 2024Close107.031Oct 15, 2024Close107.219Oct 21, 2024Close104.250Oct 25, 2024Close103.750Oct 31, 2024Close104.531Nov 6, 2024Close102.031Nov 13, 2024Close101.531Nov 19, 2024Close102.469Nov 25, 2024Close104.531Dec 2, 2024Close106.063Dec 6, 2024Close106.500Dec 12, 2024Close102.844Dec 18, 2024Close101.250Dec 24, 2024Close99.406Dec 31, 2024Close99.063Jan 7, 2025Close97.219Jan 13, 2025Close96.344Jan 17, 2025Close98.250Jan 24, 2025Close98.156Jan 30, 2025Close99.500Feb 5, 2025Close101.438Feb 11, 2025Close99.656Feb 18, 2025Close99.156Feb 24, 2025Close101.031Feb 28, 2025Close103.313Mar 6, 2025Close102.125Mar 12, 2025Close101.344Mar 18, 2025Close102.281Mar 24, 2025Close100.938Mar 28, 2025Close101.313Apr 3, 2025Close103.781Apr 9, 2025Close100.000Apr 15, 2025Close99.031Apr 22, 2025Close97.594Apr 28, 2025Close100.594May 2, 2025Close99.000May 8, 2025Close98.188May 14, 2025Close96.125May 20, 2025Close96.250May 27, 2025Close96.594Jun 2, 2025Close95.906Jun 6, 2025Close96.219Jun 12, 2025Close98.156Jun 18, 2025Close97.563Jun 25, 2025Close98.344Jul 1, 2025Close99.250Jul 8, 2025Close96.750Jul 14, 2025Close96.375Jul 18, 2025Close95.938Jul 24, 2025Close96.531Jul 30, 2025Close97.500Aug 5, 2025Close99.438Aug 11, 2025Close98.344Aug 15, 2025Close97.125Aug 21, 2025Close97.156Aug 27, 2025Close97.281Sep 3, 2025Close97.594Sep 9, 2025Close100.438Sep 15, 2025Close101.313Sep 19, 2025Close99.906Sep 25, 2025Close99.813Oct 1, 2025Close100.313Oct 7, 2025Close100.188Oct 14, 2025Close102.000Oct 20, 2025Close102.625Oct 24, 2025Close102.406Oct 30, 2025Close101.406Nov 5, 2025Close100.031Nov 12, 2025Close101.156Nov 18, 2025Close99.906Nov 24, 2025Close100.875Dec 1, 2025Close99.906Dec 5, 2025Close99.125Dec 11, 2025Close99.156Dec 17, 2025Close98.563Dec 23, 2025Close98.594Dec 30, 2025Close98.906Jan 6, 2026Close98.094Jan 12, 2026Close98.500Jan 16, 2026Close98.563Jan 23, 2026Close98.656Jan 29, 2026Close98.313Feb 4, 2026Close97.313Feb 10, 2026Close99.344Feb 17, 2026Close100.844Feb 23, 2026Close100.594Feb 27, 2026Close101.594Mar 5, 2026Close99.875Mar 11, 2026Close98.094Mar 17, 2026Close98.219Mar 23, 2026Close97.125Mar 27, 2026Close96.125Apr 2, 2026Close97.625Apr 8, 2026Close97.625Apr 14, 2026Close97.875Apr 20, 2026Close97.750Apr 24, 2026Close97.344Apr 30, 2026Close96.156May 6, 2026Close96.844May 12, 2026Close95.500May 18, 2026Close93.875May 22, 2026Close94.844May 29, 2026Close96.000Jun 4, 2026Close96.188Jun 10, 2026Close95.406Jun 16, 2026Close96.938Jun 23, 2026Close96.625Jun 29, 2026Close97.844Jul 6, 2026Close95.938Jul 10, 2026Close94.813Jul 16, 2026Close94.469Jul 22, 2026Close93.594Jul 28, 2026Close94.438Aug 3, 2026Close92.500Aug 7, 2026Close93.000Aug 13, 2026Close92.781Aug 19, 2026Close93.063Aug 25, 2026Close93.469Aug 31, 2026Close92.344Sep 4, 2026Close92.406Sep 11, 2026Close90.875Sep 17, 2026Close91.813Sep 23, 2026Close90.219Sep 29, 2026Close87.688Oct 5, 2026Close86.844Oct 9, 2026Close87.625Oct 16, 2026Close89.938Oct 22, 2026Close91.781Oct 28, 2026Close90.594Nov 3, 2026Close91.313Nov 9, 2026Close92.094
The most recent 20 trading days of prices for 912810TV0.
DateBidOfferClose
Nov 9, 202692.06392.09492.094
Nov 6, 202692.21992.23492.156
Nov 5, 202692.21992.25092.281
Nov 4, 202691.53191.54791.844
Nov 3, 202691.50091.53191.313
Nov 2, 202692.21992.25091.844
Oct 30, 202691.34491.35991.375
Oct 29, 202691.34491.37591.344
Oct 28, 202691.18891.21990.594
Oct 27, 202691.53191.54791.563
Oct 26, 202691.46991.48491.438
Oct 23, 202691.40691.42291.219
Oct 22, 202691.18891.21991.781
Oct 21, 202690.12590.14189.969
Oct 20, 202689.93889.96989.938
Oct 19, 202689.50089.51689.188
Oct 16, 202690.12590.14189.938
Oct 15, 202689.96990.00089.875
Oct 14, 202688.09488.10988.688
Oct 13, 202688.15688.17288.188

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 912810TV0.
Auction dateIssuedTypeOfferedAcceptedBid to coverHigh yield
Nov 9, 2023Nov 15, 2023New issue$24.0bn$24.5bn2.24x4.769%
Dec 12, 2023Dec 15, 2023Reopening$21.0bn$21.0bn2.43x4.344%
Jan 11, 2024Jan 16, 2024Reopening$21.0bn$21.0bn2.37x4.229%

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.