Treasury note

91282CCR0 · 1% due July 31, 2028

Original term
7-Year
Maturity
Jul 31, 2028
Coupon
1.000%
Pays
Semi-Annual
Dated
Jul 31, 2021
First coupon
Jan 31, 2022
Priced through
Sep 10, 2026
Analyzed through
Sep 10, 2026

Statement of August 31, 2026

Amount outstanding
$66.45bn
Held stripped
$43.8m
Share stripped
0.07%

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, September 10, 2026

Yield to maturity
4.566%
Modified duration
1.829 yr
DV01
0.0171
Convexity
4.255
Dirty price
93.739

Where its rate sensitivity sits

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 1.871 years against a modified duration of 1.829.

Against the fitted curve

Priced 0.0 bp rich to the curve on that day, 0.01 cents per 100 of face.

That is 0.05 standard deviations from its own typical residual.

Yield to maturity, 1,279 observations

0%1%2%3%4%5%Aug 2, 2021Sep 10, 2026Aug 2, 2021Yield to maturity0.958%Sep 14, 2021Yield to maturity1.057%Oct 27, 2021Yield to maturity1.389%Dec 10, 2021Yield to maturity1.406%Jan 25, 2022Yield to maturity1.713%Mar 9, 2022Yield to maturity1.934%Apr 21, 2022Yield to maturity2.996%Jun 3, 2022Yield to maturity3.017%Jul 19, 2022Yield to maturity3.167%Aug 30, 2022Yield to maturity3.309%Oct 13, 2022Yield to maturity4.241%Nov 28, 2022Yield to maturity3.906%Jan 11, 2023Yield to maturity3.672%Feb 24, 2023Yield to maturity4.205%Apr 7, 2023Yield to maturity3.524%May 19, 2023Yield to maturity3.787%Jul 5, 2023Yield to maturity4.266%Aug 16, 2023Yield to maturity4.450%Sep 28, 2023Yield to maturity4.684%Nov 10, 2023Yield to maturity4.704%Dec 26, 2023Yield to maturity3.940%Feb 8, 2024Yield to maturity4.159%Mar 22, 2024Yield to maturity4.256%May 3, 2024Yield to maturity4.538%Jun 17, 2024Yield to maturity4.384%Jul 31, 2024Yield to maturity4.024%Sep 12, 2024Yield to maturity3.500%Oct 25, 2024Yield to maturity4.087%Dec 10, 2024Yield to maturity4.118%Jan 24, 2025Yield to maturity4.375%Mar 10, 2025Yield to maturity3.940%Apr 21, 2025Yield to maturity3.815%Jun 3, 2025Yield to maturity3.953%Jul 17, 2025Yield to maturity3.897%Aug 28, 2025Yield to maturity3.615%Oct 10, 2025Yield to maturity3.532%Nov 25, 2025Yield to maturity3.462%Jan 9, 2026Yield to maturity3.571%Feb 24, 2026Yield to maturity3.459%Apr 7, 2026Yield to maturity3.832%May 19, 2026Yield to maturity4.153%Jul 2, 2026Yield to maturity4.168%Aug 14, 2026Yield to maturity4.179%Sep 10, 2026Yield to maturity4.566%

Price history

1,279 trading days to Sep 10, 2026

80859095100105Aug 2, 2021Sep 10, 2026Aug 2, 2021Close100.281Sep 14, 2021Close99.625Oct 27, 2021Close97.500Dec 10, 2021Close97.438Jan 25, 2022Close95.625Mar 9, 2022Close94.406Apr 21, 2022Close88.656Jun 3, 2022Close88.750Jul 19, 2022Close88.188Aug 30, 2022Close87.688Oct 13, 2022Close83.500Nov 28, 2022Close85.344Jan 11, 2023Close86.688Feb 24, 2023Close84.594Apr 7, 2023Close87.875May 19, 2023Close86.969Jul 5, 2023Close85.250Aug 16, 2023Close84.813Sep 28, 2023Close84.219Nov 10, 2023Close84.500Dec 26, 2023Close87.750Feb 8, 2024Close87.219Mar 22, 2024Close87.188May 3, 2024Close86.500Jun 17, 2024Close87.375Jul 31, 2024Close88.938Sep 12, 2024Close91.000Oct 25, 2024Close89.344Dec 10, 2024Close89.563Jan 24, 2025Close89.125Mar 10, 2025Close90.750Apr 21, 2025Close91.406Jun 3, 2025Close91.313Jul 17, 2025Close91.781Aug 28, 2025Close92.813Oct 10, 2025Close93.313Nov 25, 2025Close93.750Jan 9, 2026Close93.781Feb 24, 2026Close94.313Apr 7, 2026Close93.781May 19, 2026Close93.438Jul 2, 2026Close93.781Aug 14, 2026Close94.094Sep 10, 2026Close93.625
The most recent 20 trading days of prices for 91282CCR0.
DateBidOfferClose
Sep 10, 202693.70393.68893.625
Sep 9, 202693.85993.84493.844
Sep 8, 202693.92293.90693.906
Sep 4, 202693.95393.93893.906
Sep 3, 202693.98493.96993.938
Sep 2, 202693.85993.84493.875
Sep 1, 202693.89193.87593.844
Aug 31, 202693.93893.93893.906
Aug 28, 202693.95393.93893.906
Aug 27, 202694.10994.09494.063
Aug 26, 202694.10994.09494.094
Aug 25, 202694.12594.12594.125
Aug 24, 202694.07894.06394.031
Aug 21, 202694.03194.03194.031
Aug 20, 202694.10994.09494.094
Aug 19, 202694.09494.09494.094
Aug 18, 202694.10994.09494.094
Aug 17, 202694.10994.09494.063
Aug 14, 202694.14194.12594.094
Aug 13, 202694.10994.09494.094

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 91282CCR0.
Auction dateIssuedTypeOfferedAcceptedBid to coverHigh yield
Jul 29, 2021Aug 2, 2021New issue$62.0bn$67.9bn2.23x1.050%

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.