Treasury note

91282CBB6 · 0.625% due December 31, 2027

Original term
7-Year
Maturity
Dec 31, 2027
Coupon
0.625%
Pays
Semi-Annual
Dated
Dec 31, 2020
First coupon
Jun 30, 2021
Priced through
Oct 20, 2026
Analyzed through
Oct 20, 2026

Statement of September 30, 2026

Amount outstanding
$67.19bn
Held stripped
$12.5m
Share stripped
0.02%

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
4.655%
Modified duration
1.161 yr
DV01
0.0111
Convexity
0.0192
Dirty price
95.567

Where its rate sensitivity sits

<.01
<.01
0.96
0.23
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 4 of twelve buckets, summing to 1.190 years against a modified duration of 1.161.

Against the fitted curve

Priced 0.6 bp cheap to the curve on that day, 0.71 cents per 100 of face.

That is 0.24 standard deviations from its own typical residual.

Yield to maturity, 1,453 observations

0%1%2%3%4%5%Dec 31, 2020Oct 20, 2026Dec 31, 2020Yield to maturity0.648%Jan 12, 2021Yield to maturity0.829%Jan 22, 2021Yield to maturity0.759%Feb 2, 2021Yield to maturity0.774%Feb 11, 2021Yield to maturity0.793%Feb 23, 2021Yield to maturity0.975%Mar 4, 2021Yield to maturity1.189%Mar 15, 2021Yield to maturity1.256%Mar 24, 2021Yield to maturity1.243%Apr 2, 2021Yield to maturity1.380%Apr 13, 2021Yield to maturity1.253%Apr 22, 2021Yield to maturity1.195%May 3, 2021Yield to maturity1.233%May 12, 2021Yield to maturity1.281%May 21, 2021Yield to maturity1.223%Jun 2, 2021Yield to maturity1.180%Jun 11, 2021Yield to maturity1.086%Jun 22, 2021Yield to maturity1.164%Jul 1, 2021Yield to maturity1.166%Jul 13, 2021Yield to maturity1.092%Jul 22, 2021Yield to maturity0.946%Aug 2, 2021Yield to maturity0.876%Aug 11, 2021Yield to maturity1.031%Aug 20, 2021Yield to maturity0.986%Aug 31, 2021Yield to maturity0.987%Sep 10, 2021Yield to maturity1.031%Sep 21, 2021Yield to maturity1.032%Sep 30, 2021Yield to maturity1.208%Oct 12, 2021Yield to maturity1.286%Oct 21, 2021Yield to maturity1.419%Nov 1, 2021Yield to maturity1.379%Nov 10, 2021Yield to maturity1.382%Nov 22, 2021Yield to maturity1.474%Dec 2, 2021Yield to maturity1.312%Dec 13, 2021Yield to maturity1.310%Dec 22, 2021Yield to maturity1.340%Jan 3, 2022Yield to maturity1.490%Jan 12, 2022Yield to maturity1.612%Jan 24, 2022Yield to maturity1.635%Feb 2, 2022Yield to maturity1.697%Feb 11, 2022Yield to maturity1.901%Feb 23, 2022Yield to maturity1.954%Mar 4, 2022Yield to maturity1.695%Mar 15, 2022Yield to maturity2.165%Mar 24, 2022Yield to maturity2.417%Apr 4, 2022Yield to maturity2.582%Apr 13, 2022Yield to maturity2.723%Apr 25, 2022Yield to maturity2.876%May 4, 2022Yield to maturity2.977%May 13, 2022Yield to maturity2.950%May 24, 2022Yield to maturity2.817%Jun 3, 2022Yield to maturity3.007%Jun 14, 2022Yield to maturity3.652%Jun 24, 2022Yield to maturity3.226%Jul 6, 2022Yield to maturity3.017%Jul 15, 2022Yield to maturity3.090%Jul 26, 2022Yield to maturity2.939%Aug 4, 2022Yield to maturity2.795%Aug 15, 2022Yield to maturity2.942%Aug 24, 2022Yield to maturity3.269%Sep 2, 2022Yield to maturity3.354%Sep 14, 2022Yield to maturity3.622%Sep 23, 2022Yield to maturity3.979%Oct 4, 2022Yield to maturity3.856%Oct 14, 2022Yield to maturity4.276%Oct 25, 2022Yield to maturity4.271%Nov 3, 2022Yield to maturity4.379%Nov 15, 2022Yield to maturity3.949%Nov 25, 2022Yield to maturity3.903%Dec 6, 2022Yield to maturity3.762%Dec 15, 2022Yield to maturity3.657%Dec 27, 2022Yield to maturity3.979%Jan 6, 2023Yield to maturity3.719%Jan 18, 2023Yield to maturity3.450%Jan 27, 2023Yield to maturity3.649%Feb 7, 2023Yield to maturity3.864%Feb 16, 2023Yield to maturity4.083%Feb 28, 2023Yield to maturity4.201%Mar 9, 2023Yield to maturity4.251%Mar 20, 2023Yield to maturity3.634%Mar 29, 2023Yield to maturity3.744%Apr 7, 2023Yield to maturity3.544%Apr 18, 2023Yield to maturity3.733%Apr 27, 2023Yield to maturity3.654%May 8, 2023Yield to maturity3.546%May 17, 2023Yield to maturity3.642%May 26, 2023Yield to maturity4.029%Jun 7, 2023Yield to maturity4.023%Jun 16, 2023Yield to maturity4.081%Jun 28, 2023Yield to maturity4.058%Jul 10, 2023Yield to maturity4.328%Jul 19, 2023Yield to maturity4.060%Jul 28, 2023Yield to maturity4.279%Aug 8, 2023Yield to maturity4.188%Aug 17, 2023Yield to maturity4.503%Aug 28, 2023Yield to maturity4.494%Sep 7, 2023Yield to maturity4.483%Sep 18, 2023Yield to maturity4.563%Sep 27, 2023Yield to maturity4.766%Oct 6, 2023Yield to maturity4.798%Oct 18, 2023Yield to maturity4.978%Oct 27, 2023Yield to maturity4.815%Nov 7, 2023Yield to maturity4.600%Nov 16, 2023Yield to maturity4.495%Nov 28, 2023Yield to maturity4.387%Dec 7, 2023Yield to maturity4.216%Dec 18, 2023Yield to maturity4.031%Dec 28, 2023Yield to maturity3.926%Jan 9, 2024Yield to maturity4.036%Jan 19, 2024Yield to maturity4.121%Jan 30, 2024Yield to maturity4.068%Feb 8, 2024Yield to maturity4.194%Feb 20, 2024Yield to maturity4.330%Feb 29, 2024Yield to maturity4.363%Mar 11, 2024Yield to maturity4.198%Mar 20, 2024Yield to maturity4.348%Mar 29, 2024Yield to maturity4.339%Apr 9, 2024Yield to maturity4.483%Apr 18, 2024Yield to maturity4.782%Apr 29, 2024Yield to maturity4.775%May 8, 2024Yield to maturity4.618%May 17, 2024Yield to maturity4.549%May 29, 2024Yield to maturity4.735%Jun 7, 2024Yield to maturity4.581%Jun 18, 2024Yield to maturity4.382%Jun 28, 2024Yield to maturity4.488%Jul 10, 2024Yield to maturity4.359%Jul 19, 2024Yield to maturity4.254%Jul 30, 2024Yield to maturity4.131%Aug 8, 2024Yield to maturity3.880%Aug 19, 2024Yield to maturity3.845%Aug 28, 2024Yield to maturity3.729%Sep 9, 2024Yield to maturity3.524%Sep 18, 2024Yield to maturity3.502%Sep 27, 2024Yield to maturity3.507%Oct 8, 2024Yield to maturity3.902%Oct 18, 2024Yield to maturity3.891%Oct 29, 2024Yield to maturity4.108%Nov 7, 2024Yield to maturity4.192%Nov 19, 2024Yield to maturity4.264%Nov 29, 2024Yield to maturity4.105%Dec 10, 2024Yield to maturity4.121%Dec 19, 2024Yield to maturity4.362%Dec 31, 2024Yield to maturity4.298%Jan 10, 2025Yield to maturity4.494%Jan 22, 2025Yield to maturity4.346%Jan 31, 2025Yield to maturity4.287%Feb 11, 2025Yield to maturity4.318%Feb 21, 2025Yield to maturity4.211%Mar 4, 2025Yield to maturity3.967%Mar 13, 2025Yield to maturity3.959%Mar 24, 2025Yield to maturity4.034%Apr 2, 2025Yield to maturity3.911%Apr 11, 2025Yield to maturity4.012%Apr 22, 2025Yield to maturity3.822%May 1, 2025Yield to maturity3.708%May 12, 2025Yield to maturity3.995%May 21, 2025Yield to maturity4.014%Jun 2, 2025Yield to maturity3.936%Jun 11, 2025Yield to maturity3.941%Jun 23, 2025Yield to maturity3.818%Jul 2, 2025Yield to maturity3.795%Jul 14, 2025Yield to maturity3.879%Jul 23, 2025Yield to maturity3.854%Aug 1, 2025Yield to maturity3.679%Aug 12, 2025Yield to maturity3.711%Aug 21, 2025Yield to maturity3.757%Sep 2, 2025Yield to maturity3.653%Sep 11, 2025Yield to maturity3.522%Sep 22, 2025Yield to maturity3.590%Oct 1, 2025Yield to maturity3.546%Oct 10, 2025Yield to maturity3.527%Oct 22, 2025Yield to maturity3.451%Oct 31, 2025Yield to maturity3.601%Nov 12, 2025Yield to maturity3.559%Nov 21, 2025Yield to maturity3.504%Dec 3, 2025Yield to maturity3.492%Dec 12, 2025Yield to maturity3.551%Dec 23, 2025Yield to maturity3.553%Jan 5, 2026Yield to maturity3.469%Jan 14, 2026Yield to maturity3.522%Jan 26, 2026Yield to maturity3.590%Feb 4, 2026Yield to maturity3.557%Feb 13, 2026Yield to maturity3.411%Feb 25, 2026Yield to maturity3.485%Mar 6, 2026Yield to maturity3.570%Mar 17, 2026Yield to maturity3.687%Mar 26, 2026Yield to maturity4.037%Apr 6, 2026Yield to maturity3.882%Apr 15, 2026Yield to maturity3.791%Apr 24, 2026Yield to maturity3.789%May 5, 2026Yield to maturity3.938%May 14, 2026Yield to maturity3.989%May 26, 2026Yield to maturity4.038%Jun 4, 2026Yield to maturity4.028%Jun 15, 2026Yield to maturity4.052%Jun 25, 2026Yield to maturity4.137%Jul 7, 2026Yield to maturity4.193%Jul 16, 2026Yield to maturity4.137%Jul 27, 2026Yield to maturity4.305%Aug 5, 2026Yield to maturity4.178%Aug 14, 2026Yield to maturity4.133%Aug 25, 2026Yield to maturity4.147%Sep 3, 2026Yield to maturity4.289%Sep 15, 2026Yield to maturity4.564%Sep 24, 2026Yield to maturity4.775%Oct 5, 2026Yield to maturity4.657%Oct 15, 2026Yield to maturity4.665%Oct 20, 2026Yield to maturity4.655%

Price history

1,453 trading days to Oct 20, 2026

80859095100Dec 31, 2020Oct 20, 2026Dec 31, 2020Close99.844Jan 12, 2021Close98.625Jan 22, 2021Close99.094Feb 2, 2021Close99.000Feb 11, 2021Close98.875Feb 23, 2021Close97.688Mar 4, 2021Close96.313Mar 15, 2021Close95.906Mar 24, 2021Close96.000Apr 2, 2021Close95.156Apr 13, 2021Close95.969Apr 22, 2021Close96.344May 3, 2021Close96.125May 12, 2021Close95.844May 21, 2021Close96.219Jun 2, 2021Close96.500Jun 11, 2021Close97.094Jun 22, 2021Close96.625Jul 1, 2021Close96.625Jul 13, 2021Close97.094Jul 22, 2021Close98.000Aug 2, 2021Close98.438Aug 11, 2021Close97.500Aug 20, 2021Close97.781Aug 31, 2021Close97.781Sep 10, 2021Close97.531Sep 21, 2021Close97.531Sep 30, 2021Close96.500Oct 12, 2021Close96.063Oct 21, 2021Close95.313Nov 1, 2021Close95.563Nov 10, 2021Close95.563Nov 22, 2021Close95.063Dec 2, 2021Close96.000Dec 13, 2021Close96.031Dec 22, 2021Close95.875Jan 3, 2022Close95.063Jan 12, 2022Close94.406Jan 24, 2022Close94.313Feb 2, 2022Close94.000Feb 11, 2022Close92.938Feb 23, 2022Close92.688Mar 4, 2022Close94.094Mar 15, 2022Close91.656Mar 24, 2022Close90.406Apr 4, 2022Close89.625Apr 13, 2022Close88.969Apr 25, 2022Close88.281May 4, 2022Close87.844May 13, 2022Close88.031May 24, 2022Close88.719Jun 3, 2022Close87.875Jun 14, 2022Close84.938Jun 24, 2022Close86.969Jul 6, 2022Close88.000Jul 15, 2022Close87.719Jul 26, 2022Close88.469Aug 4, 2022Close89.188Aug 15, 2022Close88.563Aug 24, 2022Close87.125Sep 2, 2022Close86.813Sep 14, 2022Close85.688Sep 23, 2022Close84.219Oct 4, 2022Close84.813Oct 14, 2022Close83.125Oct 25, 2022Close83.219Nov 3, 2022Close82.844Nov 15, 2022Close84.719Nov 25, 2022Close85.000Dec 6, 2022Close85.656Dec 15, 2022Close86.156Dec 27, 2022Close84.906Jan 6, 2023Close86.063Jan 18, 2023Close87.250Jan 27, 2023Close86.500Feb 7, 2023Close85.688Feb 16, 2023Close84.875Feb 28, 2023Close84.500Mar 9, 2023Close84.375Mar 20, 2023Close86.906Mar 29, 2023Close86.531Apr 7, 2023Close87.406Apr 18, 2023Close86.719Apr 27, 2023Close87.094May 8, 2023Close87.594May 17, 2023Close87.281May 26, 2023Close85.875Jun 7, 2023Close85.969Jun 16, 2023Close85.844Jun 28, 2023Close86.000Jul 10, 2023Close85.094Jul 19, 2023Close86.156Jul 28, 2023Close85.438Aug 8, 2023Close85.844Aug 17, 2023Close84.781Aug 28, 2023Close84.906Sep 7, 2023Close85.031Sep 18, 2023Close84.844Sep 27, 2023Close84.219Oct 6, 2023Close84.219Oct 18, 2023Close83.688Oct 27, 2023Close84.344Nov 7, 2023Close85.156Nov 16, 2023Close85.594Nov 28, 2023Close86.063Dec 7, 2023Close86.719Dec 18, 2023Close87.438Dec 28, 2023Close87.875Jan 9, 2024Close87.594Jan 19, 2024Close87.406Jan 30, 2024Close87.656Feb 8, 2024Close87.313Feb 20, 2024Close86.969Feb 29, 2024Close86.938Mar 11, 2024Close87.563Mar 20, 2024Close87.156Mar 29, 2024Close87.281Apr 9, 2024Close86.906Apr 18, 2024Close86.063Apr 29, 2024Close86.188May 8, 2024Close86.750May 17, 2024Close87.063May 29, 2024Close86.594Jun 7, 2024Close87.156Jun 18, 2024Close87.844Jun 28, 2024Close87.625Jul 10, 2024Close88.094Jul 19, 2024Close88.500Jul 30, 2024Close88.938Aug 8, 2024Close89.750Aug 19, 2024Close89.938Aug 28, 2024Close90.344Sep 9, 2024Close91.031Sep 18, 2024Close91.156Sep 27, 2024Close91.219Oct 8, 2024Close90.156Oct 18, 2024Close90.281Oct 29, 2024Close89.750Nov 7, 2024Close89.594Nov 19, 2024Close89.500Nov 29, 2024Close90.031Dec 10, 2024Close90.063Dec 19, 2024Close89.500Dec 31, 2024Close89.781Jan 10, 2025Close89.375Jan 22, 2025Close89.844Jan 31, 2025Close90.094Feb 11, 2025Close90.094Feb 21, 2025Close90.469Mar 4, 2025Close91.156Mar 13, 2025Close91.250Mar 24, 2025Close91.156Apr 2, 2025Close91.531Apr 11, 2025Close91.375Apr 22, 2025Close91.906May 1, 2025Close92.250May 12, 2025Close91.656May 21, 2025Close91.688Jun 2, 2025Close91.969Jun 11, 2025Close92.031Jun 23, 2025Close92.406Jul 2, 2025Close92.531Jul 14, 2025Close92.438Jul 23, 2025Close92.563Aug 1, 2025Close93.031Aug 12, 2025Close93.031Aug 21, 2025Close93.000Sep 2, 2025Close93.313Sep 11, 2025Close93.656Sep 22, 2025Close93.594Oct 1, 2025Close93.750Oct 10, 2025Close93.875Oct 22, 2025Close94.094Oct 31, 2025Close93.875Nov 12, 2025Close94.031Nov 21, 2025Close94.219Dec 3, 2025Close94.313Dec 12, 2025Close94.281Dec 23, 2025Close94.344Jan 5, 2026Close94.594Jan 14, 2026Close94.563Jan 26, 2026Close94.531Feb 4, 2026Close94.656Feb 13, 2026Close95.000Feb 25, 2026Close94.938Mar 6, 2026Close94.875Mar 17, 2026Close94.750Mar 26, 2026Close94.250Apr 6, 2026Close94.594Apr 15, 2026Close94.813Apr 24, 2026Close94.906May 5, 2026Close94.750May 14, 2026Close94.750May 26, 2026Close94.781Jun 4, 2026Close94.875Jun 15, 2026Close94.938Jun 25, 2026Close94.906Jul 7, 2026Close94.938Jul 16, 2026Close95.094Jul 27, 2026Close94.969Aug 5, 2026Close95.219Aug 14, 2026Close95.375Aug 25, 2026Close95.438Sep 3, 2026Close95.344Sep 15, 2026Close95.125Sep 24, 2026Close94.969Oct 5, 2026Close95.219Oct 15, 2026Close95.313Oct 20, 2026Close95.375
The most recent 20 trading days of prices for 91282CBB6.
DateBidOfferClose
Oct 20, 202695.39195.37595.375
Oct 19, 202695.40695.37595.375
Oct 16, 202695.42295.40695.406
Oct 15, 202695.32895.31395.313
Oct 14, 202695.25095.21995.250
Oct 13, 202695.29795.28195.281
Oct 9, 202695.29795.28195.281
Oct 8, 202695.26695.25095.313
Oct 7, 202695.29795.28195.281
Oct 6, 202695.26695.25095.250
Oct 5, 202695.20395.18895.219
Oct 2, 202695.23495.21995.188
Oct 1, 202695.20395.18895.188
Sep 30, 202695.10995.09495.063
Sep 29, 202695.01695.00095.063
Sep 28, 202695.00094.96995.000
Sep 25, 202695.04795.03195.063
Sep 24, 202695.01695.00094.969
Sep 23, 202695.01695.00095.000
Sep 22, 202695.10995.09495.094

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.

Auction

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 91282CBB6.
Auction dateIssuedTypeOfferedAcceptedBid to coverHigh yield
Dec 29, 2020Dec 31, 2020New issue$59.0bn$68.0bn2.31x0.662%

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.