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
Nov 9, 2026
Analyzed through
Nov 9, 2026

Statement of October 31, 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, November 9, 2026

Yield to maturity
4.495%
Modified duration
1.109 yr
DV01
0.0106
Convexity
0.0178
Dirty price
95.976

Where its rate sensitivity sits

<.01
0.97
0.16
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 3 of twelve buckets, summing to 1.135 years against a modified duration of 1.109.

Against the fitted curve

Priced 3.1 bp cheap to the curve on that day, 3.27 cents per 100 of face.

That is 1.53 standard deviations from its own typical residual.

Yield to maturity, 1,465 observations

0%1%2%3%4%5%Dec 31, 2020Nov 9, 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%Apr 1, 2024Yield to maturity4.451%Apr 10, 2024Yield to maturity4.737%Apr 19, 2024Yield to maturity4.771%Apr 30, 2024Yield to maturity4.840%May 9, 2024Yield to maturity4.580%May 20, 2024Yield to maturity4.562%May 30, 2024Yield to maturity4.686%Jun 10, 2024Yield to maturity4.605%Jun 20, 2024Yield to maturity4.406%Jul 1, 2024Yield to maturity4.565%Jul 11, 2024Yield to maturity4.246%Jul 22, 2024Yield to maturity4.267%Jul 31, 2024Yield to maturity4.070%Aug 9, 2024Yield to maturity3.877%Aug 20, 2024Yield to maturity3.794%Aug 29, 2024Yield to maturity3.753%Sep 10, 2024Yield to maturity3.452%Sep 19, 2024Yield to maturity3.505%Sep 30, 2024Yield to maturity3.596%Oct 9, 2024Yield to maturity3.938%Oct 21, 2024Yield to maturity3.972%Oct 30, 2024Yield to maturity4.156%Nov 8, 2024Yield to maturity4.239%Nov 20, 2024Yield to maturity4.290%Dec 2, 2024Yield to maturity4.131%Dec 11, 2024Yield to maturity4.136%Dec 20, 2024Yield to maturity4.325%Jan 2, 2025Yield to maturity4.290%Jan 13, 2025Yield to maturity4.497%Jan 23, 2025Yield to maturity4.362%Feb 3, 2025Yield to maturity4.302%Feb 12, 2025Yield to maturity4.409%Feb 24, 2025Yield to maturity4.190%Mar 5, 2025Yield to maturity4.020%Mar 14, 2025Yield to maturity4.032%Mar 25, 2025Yield to maturity3.999%Apr 3, 2025Yield to maturity3.697%Apr 14, 2025Yield to maturity3.886%Apr 24, 2025Yield to maturity3.803%May 5, 2025Yield to maturity3.839%May 14, 2025Yield to maturity4.069%May 23, 2025Yield to maturity4.005%Jun 4, 2025Yield to maturity3.861%Jun 13, 2025Yield to maturity3.941%Jun 25, 2025Yield to maturity3.770%Jul 7, 2025Yield to maturity3.882%Jul 16, 2025Yield to maturity3.872%Jul 25, 2025Yield to maturity3.883%Aug 5, 2025Yield to maturity3.700%Aug 14, 2025Yield to maturity3.718%Aug 25, 2025Yield to maturity3.698%Sep 4, 2025Yield to maturity3.572%Sep 15, 2025Yield to maturity3.520%Sep 24, 2025Yield to maturity3.612%Oct 3, 2025Yield to maturity3.576%Oct 15, 2025Yield to maturity3.504%Oct 24, 2025Yield to maturity3.481%Nov 4, 2025Yield to maturity3.577%Nov 14, 2025Yield to maturity3.622%Nov 25, 2025Yield to maturity3.479%Dec 5, 2025Yield to maturity3.573%Dec 16, 2025Yield to maturity3.492%Dec 26, 2025Yield to maturity3.488%Jan 7, 2026Yield to maturity3.477%Jan 16, 2026Yield to maturity3.613%Jan 28, 2026Yield to maturity3.598%Feb 6, 2026Yield to maturity3.503%Feb 18, 2026Yield to maturity3.474%Feb 27, 2026Yield to maturity3.392%Mar 10, 2026Yield to maturity3.598%Mar 19, 2026Yield to maturity3.829%Mar 30, 2026Yield to maturity3.865%Apr 8, 2026Yield to maturity3.834%Apr 17, 2026Yield to maturity3.733%Apr 28, 2026Yield to maturity3.860%May 7, 2026Yield to maturity3.929%May 18, 2026Yield to maturity4.054%May 28, 2026Yield to maturity4.008%Jun 8, 2026Yield to maturity4.139%Jun 17, 2026Yield to maturity4.196%Jun 29, 2026Yield to maturity4.118%Jul 9, 2026Yield to maturity4.160%Jul 20, 2026Yield to maturity4.210%Jul 29, 2026Yield to maturity4.225%Aug 7, 2026Yield to maturity4.157%Aug 18, 2026Yield to maturity4.147%Aug 27, 2026Yield to maturity4.186%Sep 8, 2026Yield to maturity4.327%Sep 17, 2026Yield to maturity4.581%Sep 28, 2026Yield to maturity4.784%Oct 7, 2026Yield to maturity4.620%Oct 19, 2026Yield to maturity4.646%Oct 28, 2026Yield to maturity4.615%Nov 6, 2026Yield to maturity4.457%Nov 9, 2026Yield to maturity4.495%

Price history

1,465 trading days to Nov 9, 2026

80859095100Dec 31, 2020Nov 9, 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, 2024Close87.156Apr 1, 2024Close86.938Apr 10, 2024Close86.125Apr 19, 2024Close86.125Apr 30, 2024Close86.000May 9, 2024Close86.875May 20, 2024Close87.031May 30, 2024Close86.750Jun 10, 2024Close87.094Jun 20, 2024Close87.781Jul 1, 2024Close87.406Jul 11, 2024Close88.438Jul 22, 2024Close88.469Jul 31, 2024Close89.125Aug 9, 2024Close89.781Aug 20, 2024Close90.094Aug 29, 2024Close90.281Sep 10, 2024Close91.250Sep 19, 2024Close91.156Sep 30, 2024Close90.969Oct 9, 2024Close90.063Oct 21, 2024Close90.063Oct 30, 2024Close89.625Nov 8, 2024Close89.500Nov 20, 2024Close89.438Dec 2, 2024Close89.969Dec 11, 2024Close90.031Dec 20, 2024Close89.625Jan 2, 2025Close89.813Jan 13, 2025Close89.375Jan 23, 2025Close89.813Feb 3, 2025Close90.063Feb 12, 2025Close89.875Feb 24, 2025Close90.531Mar 5, 2025Close91.031Mar 14, 2025Close91.094Mar 25, 2025Close91.250Apr 3, 2025Close92.063Apr 14, 2025Close91.688Apr 24, 2025Close91.969May 5, 2025Close91.969May 14, 2025Close91.500May 23, 2025Close91.750Jun 4, 2025Close92.156Jun 13, 2025Close92.063Jun 25, 2025Close92.531Jul 7, 2025Close92.375Jul 16, 2025Close92.469Jul 25, 2025Close92.531Aug 5, 2025Close93.000Aug 14, 2025Close93.031Aug 25, 2025Close93.156Sep 4, 2025Close93.500Sep 15, 2025Close93.688Sep 24, 2025Close93.563Oct 3, 2025Close93.719Oct 15, 2025Close93.938Oct 24, 2025Close94.063Nov 4, 2025Close93.938Nov 14, 2025Close93.938Nov 25, 2025Close94.281Dec 5, 2025Close94.188Dec 16, 2025Close94.406Dec 26, 2025Close94.500Jan 7, 2026Close94.594Jan 16, 2026Close94.438Jan 28, 2026Close94.531Feb 6, 2026Close94.781Feb 18, 2026Close94.906Feb 27, 2026Close95.125Mar 10, 2026Close94.844Mar 19, 2026Close94.531Mar 30, 2026Close94.563Apr 8, 2026Close94.688Apr 17, 2026Close94.938Apr 28, 2026Close94.813May 7, 2026Close94.781May 18, 2026Close94.688May 28, 2026Close94.844Jun 8, 2026Close94.750Jun 17, 2026Close94.750Jun 29, 2026Close94.969Jul 9, 2026Close95.000Jul 20, 2026Close95.031Jul 29, 2026Close95.094Aug 7, 2026Close95.281Aug 18, 2026Close95.375Aug 27, 2026Close95.406Sep 8, 2026Close95.344Sep 17, 2026Close95.125Sep 28, 2026Close95.000Oct 7, 2026Close95.281Oct 19, 2026Close95.375Oct 28, 2026Close95.500Nov 6, 2026Close95.781Nov 9, 2026Close95.750
The most recent 20 trading days of prices for 91282CBB6.
DateBidOfferClose
Nov 9, 202695.75095.78195.750
Nov 6, 202695.78195.79795.781
Nov 5, 202695.75095.76695.781
Nov 4, 202695.65695.68895.688
Nov 3, 202695.65695.67295.656
Nov 2, 202695.65695.67295.656
Oct 30, 202695.62595.65695.688
Oct 29, 202695.59495.60995.563
Oct 28, 202695.46995.48495.500
Oct 27, 202695.50095.51695.469
Oct 26, 202695.50095.51695.469
Oct 23, 202695.53195.54795.500
Oct 22, 202695.46995.48495.500
Oct 21, 202695.37595.39195.344
Oct 20, 202695.37595.39195.375
Oct 19, 202695.37595.40695.375
Oct 16, 202695.40695.42295.406
Oct 15, 202695.31395.32895.313
Oct 14, 202695.21995.25095.250
Oct 13, 202695.28195.29795.281

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.

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.

Free to benchmark against. Paid only to track. Measuring anything against these curves and indices is free. No license, no fee, no registration, and no permission needed to say that you did, including in a prospectus. A fee applies to one thing: launching a product that tracks an index.

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.