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
Oct 20, 2026
Analyzed through
Oct 20, 2026

Statement of September 30, 2026

Amount outstanding
$66.44bn
Held stripped
$10.87bn
Share stripped
16.36%

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, October 20, 2026

Yield to maturity
5.466%
Modified duration
14.140 yr
DV01
0.1301
Convexity
2.97
Dirty price
91.990

Where its rate sensitivity sits

<.01
0.01
0.04
0.09
0.22
0.40
0.65
1.26
1.71
1.70
5.30
2.93
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 12 of twelve buckets, summing to 14.330 years against a modified duration of 14.140.

Against the fitted curve

Priced 0.1 bp rich to the curve on that day, 1.21 cents per 100 of face.

That is 0.74 standard deviations from its own typical residual.

Yield to maturity, 733 observations

3.5%4.0%4.5%5.0%5.5%6.0%Nov 15, 2023Oct 20, 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%Mar 29, 2024Yield to maturity4.339%Apr 4, 2024Yield to maturity4.467%Apr 10, 2024Yield to maturity4.633%Apr 16, 2024Yield to maturity4.768%Apr 22, 2024Yield to maturity4.720%Apr 26, 2024Yield to maturity4.780%May 2, 2024Yield to maturity4.722%May 8, 2024Yield to maturity4.637%May 14, 2024Yield to maturity4.596%May 20, 2024Yield to maturity4.579%May 24, 2024Yield to maturity4.569%May 31, 2024Yield to maturity4.648%Jun 6, 2024Yield to maturity4.425%Jun 12, 2024Yield to maturity4.471%Jun 18, 2024Yield to maturity4.352%Jun 25, 2024Yield to maturity4.359%Jul 1, 2024Yield to maturity4.646%Jul 8, 2024Yield to maturity4.458%Jul 12, 2024Yield to maturity4.391%Jul 18, 2024Yield to maturity4.413%Jul 24, 2024Yield to maturity4.538%Jul 30, 2024Yield to maturity4.399%Aug 5, 2024Yield to maturity4.057%Aug 9, 2024Yield to maturity4.228%Aug 15, 2024Yield to maturity4.175%Aug 21, 2024Yield to maturity4.066%Aug 27, 2024Yield to maturity4.133%Sep 3, 2024Yield to maturity4.131%Sep 9, 2024Yield to maturity4.007%Sep 13, 2024Yield to maturity3.988%Sep 19, 2024Yield to maturity4.064%Sep 25, 2024Yield to maturity4.139%Oct 1, 2024Yield to maturity4.080%Oct 7, 2024Yield to maturity4.308%Oct 11, 2024Yield to maturity4.388%Oct 18, 2024Yield to maturity4.385%Oct 24, 2024Yield to maturity4.474%Oct 30, 2024Yield to maturity4.494%Nov 5, 2024Yield to maturity4.449%Nov 12, 2024Yield to maturity4.601%Nov 18, 2024Yield to maturity4.636%Nov 22, 2024Yield to maturity4.618%Nov 29, 2024Yield to maturity4.384%Dec 5, 2024Yield to maturity4.345%Dec 11, 2024Yield to maturity4.499%Dec 17, 2024Yield to maturity4.606%Dec 23, 2024Yield to maturity4.800%Dec 30, 2024Yield to maturity4.790%Jan 6, 2025Yield to maturity4.867%Jan 10, 2025Yield to maturity4.988%Jan 16, 2025Yield to maturity4.863%Jan 23, 2025Yield to maturity4.890%Jan 29, 2025Yield to maturity4.808%Feb 4, 2025Yield to maturity4.772%Feb 10, 2025Yield to maturity4.738%Feb 14, 2025Yield to maturity4.726%Feb 21, 2025Yield to maturity4.694%Feb 27, 2025Yield to maturity4.584%Mar 5, 2025Yield to maturity4.604%Mar 11, 2025Yield to maturity4.625%Mar 17, 2025Yield to maturity4.629%Mar 21, 2025Yield to maturity4.619%Mar 27, 2025Yield to maturity4.760%Apr 2, 2025Yield to maturity4.571%Apr 8, 2025Yield to maturity4.732%Apr 14, 2025Yield to maturity4.829%Apr 18, 2025Yield to maturity4.829%Apr 24, 2025Yield to maturity4.792%Apr 30, 2025Yield to maturity4.686%May 6, 2025Yield to maturity4.841%May 12, 2025Yield to maturity4.924%May 16, 2025Yield to maturity4.924%May 22, 2025Yield to maturity5.086%May 29, 2025Yield to maturity4.956%Jun 4, 2025Yield to maturity4.918%Jun 10, 2025Yield to maturity4.966%Jun 16, 2025Yield to maturity4.992%Jun 23, 2025Yield to maturity4.895%Jun 27, 2025Yield to maturity4.874%Jul 3, 2025Yield to maturity4.885%Jul 10, 2025Yield to maturity4.885%Jul 16, 2025Yield to maturity5.035%Jul 22, 2025Yield to maturity4.927%Jul 28, 2025Yield to maturity4.982%Aug 1, 2025Yield to maturity4.817%Aug 7, 2025Yield to maturity4.827%Aug 13, 2025Yield to maturity4.839%Aug 19, 2025Yield to maturity4.914%Aug 25, 2025Yield to maturity4.908%Aug 29, 2025Yield to maturity4.929%Sep 5, 2025Yield to maturity4.776%Sep 11, 2025Yield to maturity4.652%Sep 17, 2025Yield to maturity4.663%Sep 23, 2025Yield to maturity4.740%Sep 29, 2025Yield to maturity4.717%Oct 3, 2025Yield to maturity4.723%Oct 9, 2025Yield to maturity4.734%Oct 16, 2025Yield to maturity4.583%Oct 22, 2025Yield to maturity4.546%Oct 28, 2025Yield to maturity4.555%Nov 3, 2025Yield to maturity4.703%Nov 7, 2025Yield to maturity4.708%Nov 14, 2025Yield to maturity4.760%Nov 20, 2025Yield to maturity4.740%Nov 26, 2025Yield to maturity4.653%Dec 3, 2025Yield to maturity4.740%Dec 9, 2025Yield to maturity4.819%Dec 15, 2025Yield to maturity4.863%Dec 19, 2025Yield to maturity4.842%Dec 26, 2025Yield to maturity4.830%Jan 2, 2026Yield to maturity4.880%Jan 8, 2026Yield to maturity4.869%Jan 14, 2026Yield to maturity4.801%Jan 21, 2026Yield to maturity4.884%Jan 27, 2026Yield to maturity4.846%Feb 2, 2026Yield to maturity4.918%Feb 6, 2026Yield to maturity4.863%Feb 12, 2026Yield to maturity4.735%Feb 19, 2026Yield to maturity4.715%Feb 25, 2026Yield to maturity4.707%Mar 3, 2026Yield to maturity4.715%Mar 9, 2026Yield to maturity4.739%Mar 13, 2026Yield to maturity4.926%Mar 19, 2026Yield to maturity4.855%Mar 25, 2026Yield to maturity4.922%Mar 31, 2026Yield to maturity4.908%Apr 6, 2026Yield to maturity4.912%Apr 10, 2026Yield to maturity4.931%Apr 16, 2026Yield to maturity4.950%Apr 22, 2026Yield to maturity4.919%Apr 28, 2026Yield to maturity4.961%May 4, 2026Yield to maturity5.048%May 8, 2026Yield to maturity4.970%May 14, 2026Yield to maturity5.050%May 20, 2026Yield to maturity5.145%May 27, 2026Yield to maturity5.044%Jun 2, 2026Yield to maturity4.998%Jun 8, 2026Yield to maturity5.066%Jun 12, 2026Yield to maturity5.003%Jun 18, 2026Yield to maturity4.938%Jun 25, 2026Yield to maturity4.893%Jul 1, 2026Yield to maturity5.005%Jul 8, 2026Yield to maturity5.101%Jul 14, 2026Yield to maturity5.119%Jul 20, 2026Yield to maturity5.146%Jul 24, 2026Yield to maturity5.200%Jul 30, 2026Yield to maturity5.250%Aug 5, 2026Yield to maturity5.214%Aug 11, 2026Yield to maturity5.280%Aug 17, 2026Yield to maturity5.350%Aug 21, 2026Yield to maturity5.308%Aug 27, 2026Yield to maturity5.223%Sep 2, 2026Yield to maturity5.304%Sep 9, 2026Yield to maturity5.316%Sep 15, 2026Yield to maturity5.405%Sep 21, 2026Yield to maturity5.330%Sep 25, 2026Yield to maturity5.543%Oct 1, 2026Yield to maturity5.656%Oct 7, 2026Yield to maturity5.709%Oct 14, 2026Yield to maturity5.563%Oct 20, 2026Yield to maturity5.466%

Price history

733 trading days to Oct 20, 2026

859095100105110115Nov 15, 2023Oct 20, 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, 2024Close105.406Mar 29, 2024Close106.813Apr 4, 2024Close104.625Apr 10, 2024Close101.875Apr 16, 2024Close99.719Apr 22, 2024Close100.469Apr 26, 2024Close99.531May 2, 2024Close100.438May 8, 2024Close101.813May 14, 2024Close102.469May 20, 2024Close102.750May 24, 2024Close102.906May 31, 2024Close101.625Jun 6, 2024Close105.313Jun 12, 2024Close104.531Jun 18, 2024Close106.563Jun 25, 2024Close106.438Jul 1, 2024Close101.656Jul 8, 2024Close104.750Jul 12, 2024Close105.875Jul 18, 2024Close105.500Jul 24, 2024Close103.406Jul 30, 2024Close105.750Aug 5, 2024Close111.813Aug 9, 2024Close108.719Aug 15, 2024Close109.656Aug 21, 2024Close111.625Aug 27, 2024Close110.406Sep 3, 2024Close110.438Sep 9, 2024Close112.719Sep 13, 2024Close113.063Sep 19, 2024Close111.656Sep 25, 2024Close110.281Oct 1, 2024Close111.344Oct 7, 2024Close107.281Oct 11, 2024Close105.906Oct 18, 2024Close105.969Oct 24, 2024Close104.469Oct 30, 2024Close104.125Nov 5, 2024Close104.875Nov 12, 2024Close102.375Nov 18, 2024Close101.813Nov 22, 2024Close102.094Nov 29, 2024Close105.969Dec 5, 2024Close106.625Dec 11, 2024Close104.031Dec 17, 2024Close102.281Dec 23, 2024Close99.219Dec 30, 2024Close99.375Jan 6, 2025Close98.188Jan 10, 2025Close96.375Jan 16, 2025Close98.250Jan 23, 2025Close97.844Jan 29, 2025Close99.094Feb 4, 2025Close99.656Feb 10, 2025Close100.188Feb 14, 2025Close100.375Feb 21, 2025Close100.875Feb 27, 2025Close102.625Mar 5, 2025Close102.313Mar 11, 2025Close101.969Mar 17, 2025Close101.906Mar 21, 2025Close102.063Mar 27, 2025Close99.844Apr 2, 2025Close102.844Apr 8, 2025Close100.281Apr 14, 2025Close98.781Apr 18, 2025Close98.781Apr 24, 2025Close99.344Apr 30, 2025Close101.000May 6, 2025Close98.594May 12, 2025Close97.344May 16, 2025Close97.344May 22, 2025Close94.969May 29, 2025Close96.875Jun 4, 2025Close97.438Jun 10, 2025Close96.719Jun 16, 2025Close96.344Jun 23, 2025Close97.781Jun 27, 2025Close98.094Jul 3, 2025Close97.938Jul 10, 2025Close97.938Jul 16, 2025Close95.719Jul 22, 2025Close97.313Jul 28, 2025Close96.500Aug 1, 2025Close98.969Aug 7, 2025Close98.813Aug 13, 2025Close98.625Aug 19, 2025Close97.500Aug 25, 2025Close97.594Aug 29, 2025Close97.281Sep 5, 2025Close99.594Sep 11, 2025Close101.531Sep 17, 2025Close101.344Sep 23, 2025Close100.156Sep 29, 2025Close100.500Oct 3, 2025Close100.406Oct 9, 2025Close100.250Oct 16, 2025Close102.625Oct 22, 2025Close103.219Oct 28, 2025Close103.063Nov 3, 2025Close100.719Nov 7, 2025Close100.656Nov 14, 2025Close99.844Nov 20, 2025Close100.156Nov 26, 2025Close101.500Dec 3, 2025Close100.156Dec 9, 2025Close98.938Dec 15, 2025Close98.281Dec 19, 2025Close98.594Dec 26, 2025Close98.781Jan 2, 2026Close98.031Jan 8, 2026Close98.188Jan 14, 2026Close99.219Jan 21, 2026Close97.969Jan 27, 2026Close98.531Feb 2, 2026Close97.469Feb 6, 2026Close98.281Feb 12, 2026Close100.219Feb 19, 2026Close100.531Feb 25, 2026Close100.656Mar 3, 2026Close100.531Mar 9, 2026Close100.156Mar 13, 2026Close97.344Mar 19, 2026Close98.406Mar 25, 2026Close97.406Mar 31, 2026Close97.625Apr 6, 2026Close97.563Apr 10, 2026Close97.281Apr 16, 2026Close97.000Apr 22, 2026Close97.469Apr 28, 2026Close96.844May 4, 2026Close95.594May 8, 2026Close96.719May 14, 2026Close95.563May 20, 2026Close94.219May 27, 2026Close95.656Jun 2, 2026Close96.313Jun 8, 2026Close95.344Jun 12, 2026Close96.250Jun 18, 2026Close97.188Jun 25, 2026Close97.844Jul 1, 2026Close96.219Jul 8, 2026Close94.844Jul 14, 2026Close94.594Jul 20, 2026Close94.219Jul 24, 2026Close93.469Jul 30, 2026Close92.781Aug 5, 2026Close93.281Aug 11, 2026Close92.375Aug 17, 2026Close91.438Aug 21, 2026Close92.000Aug 27, 2026Close93.156Sep 2, 2026Close92.063Sep 9, 2026Close91.906Sep 15, 2026Close90.719Sep 21, 2026Close91.719Sep 25, 2026Close88.938Oct 1, 2026Close87.500Oct 7, 2026Close86.844Oct 14, 2026Close88.688Oct 20, 2026Close89.938
The most recent 20 trading days of prices for 912810TV0.
DateBidOfferClose
Oct 20, 202689.96989.93889.938
Oct 19, 202689.51689.50089.188
Oct 16, 202690.14190.12589.938
Oct 15, 202690.00089.96989.875
Oct 14, 202688.10988.09488.688
Oct 13, 202688.17288.15688.188
Oct 9, 202687.48487.46987.625
Oct 8, 202687.00086.96987.625
Oct 7, 202686.60986.59486.844
Oct 6, 202687.28187.25087.125
Oct 5, 202686.65686.62586.844
Oct 2, 202687.46987.43887.219
Oct 1, 202687.26687.25087.500
Sep 30, 202687.28187.25087.188
Sep 29, 202687.48487.46987.688
Sep 28, 202688.00087.96988.125
Sep 25, 202688.59488.56388.938
Sep 24, 202689.51689.50089.219
Sep 23, 202690.48490.46990.219
Sep 22, 202691.64191.62591.688

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 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.