Treasury note

91282CCV1 · 1.125% due August 31, 2028

Original term
7-Year
Maturity
Aug 31, 2028
Coupon
1.125%
Pays
Semi-Annual
Dated
Aug 31, 2021
First coupon
Feb 28, 2022
Priced through
Nov 9, 2026
Analyzed through
Nov 9, 2026

Statement of October 31, 2026

Amount outstanding
$68.93bn
Held stripped
$121.6m
Share stripped
0.18%

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
4.572%
Modified duration
1.747 yr
DV01
0.0165
Convexity
0.0392
Dirty price
94.314

Where its rate sensitivity sits

<.01
<.01
0.35
1.43
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 1.789 years against a modified duration of 1.747.

Against the fitted curve

Priced 0.9 bp cheap to the curve on that day, 1.52 cents per 100 of face.

That is 1.86 standard deviations from its own typical residual.

Yield to maturity, 1,297 observations

1%2%3%4%5%Aug 31, 2021Nov 9, 2026Aug 31, 2021Yield to maturity1.079%Sep 9, 2021Yield to maturity1.078%Sep 17, 2021Yield to maturity1.167%Sep 27, 2021Yield to maturity1.291%Oct 5, 2021Yield to maturity1.305%Oct 14, 2021Yield to maturity1.335%Oct 22, 2021Yield to maturity1.486%Nov 1, 2021Yield to maturity1.453%Nov 9, 2021Yield to maturity1.313%Nov 18, 2021Yield to maturity1.465%Nov 29, 2021Yield to maturity1.407%Dec 7, 2021Yield to maturity1.418%Dec 15, 2021Yield to maturity1.414%Dec 23, 2021Yield to maturity1.410%Jan 3, 2022Yield to maturity1.542%Jan 11, 2022Yield to maturity1.675%Jan 20, 2022Yield to maturity1.769%Jan 28, 2022Yield to maturity1.741%Feb 7, 2022Yield to maturity1.889%Feb 15, 2022Yield to maturity2.044%Feb 24, 2022Yield to maturity1.941%Mar 4, 2022Yield to maturity1.713%Mar 14, 2022Yield to maturity2.172%Mar 22, 2022Yield to maturity2.455%Mar 30, 2022Yield to maturity2.465%Apr 7, 2022Yield to maturity2.761%Apr 18, 2022Yield to maturity2.877%Apr 26, 2022Yield to maturity2.831%May 4, 2022Yield to maturity2.993%May 12, 2022Yield to maturity2.883%May 20, 2022Yield to maturity2.844%May 31, 2022Yield to maturity2.897%Jun 8, 2022Yield to maturity3.092%Jun 16, 2022Yield to maturity3.399%Jun 27, 2022Yield to maturity3.306%Jul 6, 2022Yield to maturity3.026%Jul 14, 2022Yield to maturity3.098%Jul 22, 2022Yield to maturity2.897%Aug 1, 2022Yield to maturity2.695%Aug 9, 2022Yield to maturity2.969%Aug 17, 2022Yield to maturity3.061%Aug 25, 2022Yield to maturity3.196%Sep 2, 2022Yield to maturity3.355%Sep 13, 2022Yield to maturity3.597%Sep 21, 2022Yield to maturity3.746%Sep 29, 2022Yield to maturity4.010%Oct 7, 2022Yield to maturity4.156%Oct 18, 2022Yield to maturity4.234%Oct 26, 2022Yield to maturity4.232%Nov 3, 2022Yield to maturity4.379%Nov 14, 2022Yield to maturity4.031%Nov 22, 2022Yield to maturity3.955%Dec 1, 2022Yield to maturity3.701%Dec 9, 2022Yield to maturity3.773%Dec 19, 2022Yield to maturity3.729%Dec 28, 2022Yield to maturity4.017%Jan 6, 2023Yield to maturity3.707%Jan 17, 2023Yield to maturity3.625%Jan 25, 2023Yield to maturity3.567%Feb 2, 2023Yield to maturity3.496%Feb 10, 2023Yield to maturity3.929%Feb 21, 2023Yield to maturity4.157%Mar 1, 2023Yield to maturity4.261%Mar 9, 2023Yield to maturity4.209%Mar 17, 2023Yield to maturity3.514%Mar 27, 2023Yield to maturity3.661%Apr 4, 2023Yield to maturity3.430%Apr 12, 2023Yield to maturity3.494%Apr 20, 2023Yield to maturity3.663%Apr 28, 2023Yield to maturity3.557%May 8, 2023Yield to maturity3.539%May 16, 2023Yield to maturity3.570%May 24, 2023Yield to maturity3.828%Jun 2, 2023Yield to maturity3.879%Jun 12, 2023Yield to maturity3.933%Jun 21, 2023Yield to maturity3.975%Jun 29, 2023Yield to maturity4.149%Jul 10, 2023Yield to maturity4.262%Jul 18, 2023Yield to maturity4.023%Jul 26, 2023Yield to maturity4.124%Aug 3, 2023Yield to maturity4.332%Aug 11, 2023Yield to maturity4.334%Aug 21, 2023Yield to maturity4.493%Aug 29, 2023Yield to maturity4.308%Sep 7, 2023Yield to maturity4.431%Sep 15, 2023Yield to maturity4.503%Sep 25, 2023Yield to maturity4.667%Oct 3, 2023Yield to maturity4.850%Oct 12, 2023Yield to maturity4.732%Oct 20, 2023Yield to maturity4.905%Oct 30, 2023Yield to maturity4.857%Nov 7, 2023Yield to maturity4.584%Nov 15, 2023Yield to maturity4.567%Nov 24, 2023Yield to maturity4.540%Dec 4, 2023Yield to maturity4.290%Dec 12, 2023Yield to maturity4.280%Dec 20, 2023Yield to maturity3.920%Dec 29, 2023Yield to maturity3.900%Jan 9, 2024Yield to maturity4.017%Jan 18, 2024Yield to maturity4.064%Jan 26, 2024Yield to maturity4.081%Feb 5, 2024Yield to maturity4.161%Feb 13, 2024Yield to maturity4.349%Feb 22, 2024Yield to maturity4.383%Mar 1, 2024Yield to maturity4.210%Mar 11, 2024Yield to maturity4.141%Mar 19, 2024Yield to maturity4.366%Mar 27, 2024Yield to maturity4.246%Apr 5, 2024Yield to maturity4.437%Apr 15, 2024Yield to maturity4.696%Apr 23, 2024Yield to maturity4.678%May 1, 2024Yield to maturity4.696%May 9, 2024Yield to maturity4.520%May 17, 2024Yield to maturity4.498%May 28, 2024Yield to maturity4.641%Jun 5, 2024Yield to maturity4.375%Jun 13, 2024Yield to maturity4.312%Jun 24, 2024Yield to maturity4.352%Jul 2, 2024Yield to maturity4.458%Jul 11, 2024Yield to maturity4.190%Jul 19, 2024Yield to maturity4.219%Jul 29, 2024Yield to maturity4.110%Aug 6, 2024Yield to maturity3.776%Aug 14, 2024Yield to maturity3.710%Aug 22, 2024Yield to maturity3.778%Aug 30, 2024Yield to maturity3.761%Sep 10, 2024Yield to maturity3.461%Sep 18, 2024Yield to maturity3.500%Sep 26, 2024Yield to maturity3.577%Oct 4, 2024Yield to maturity3.851%Oct 15, 2024Yield to maturity3.887%Oct 23, 2024Yield to maturity4.072%Oct 31, 2024Yield to maturity4.174%Nov 8, 2024Yield to maturity4.236%Nov 19, 2024Yield to maturity4.274%Nov 27, 2024Yield to maturity4.187%Dec 6, 2024Yield to maturity4.073%Dec 16, 2024Yield to maturity4.267%Dec 24, 2024Yield to maturity4.447%Jan 3, 2025Yield to maturity4.394%Jan 13, 2025Yield to maturity4.566%Jan 22, 2025Yield to maturity4.406%Jan 30, 2025Yield to maturity4.284%Feb 7, 2025Yield to maturity4.339%Feb 18, 2025Yield to maturity4.372%Feb 26, 2025Yield to maturity4.072%Mar 6, 2025Yield to maturity4.029%Mar 14, 2025Yield to maturity4.051%Mar 24, 2025Yield to maturity4.059%Apr 1, 2025Yield to maturity3.879%Apr 9, 2025Yield to maturity3.980%Apr 17, 2025Yield to maturity3.851%Apr 28, 2025Yield to maturity3.716%May 6, 2025Yield to maturity3.807%May 14, 2025Yield to maturity4.094%May 22, 2025Yield to maturity4.015%Jun 2, 2025Yield to maturity3.932%Jun 10, 2025Yield to maturity4.006%Jun 18, 2025Yield to maturity3.917%Jun 27, 2025Yield to maturity3.752%Jul 8, 2025Yield to maturity3.895%Jul 16, 2025Yield to maturity3.881%Jul 24, 2025Yield to maturity3.889%Aug 1, 2025Yield to maturity3.685%Aug 11, 2025Yield to maturity3.749%Aug 19, 2025Yield to maturity3.721%Aug 27, 2025Yield to maturity3.613%Sep 5, 2025Yield to maturity3.498%Sep 15, 2025Yield to maturity3.527%Sep 23, 2025Yield to maturity3.580%Oct 1, 2025Yield to maturity3.575%Oct 9, 2025Yield to maturity3.617%Oct 20, 2025Yield to maturity3.475%Oct 28, 2025Yield to maturity3.505%Nov 5, 2025Yield to maturity3.646%Nov 14, 2025Yield to maturity3.623%Nov 24, 2025Yield to maturity3.494%Dec 3, 2025Yield to maturity3.502%Dec 11, 2025Yield to maturity3.560%Dec 19, 2025Yield to maturity3.521%Dec 30, 2025Yield to maturity3.504%Jan 8, 2026Yield to maturity3.539%Jan 16, 2026Yield to maturity3.646%Jan 27, 2026Yield to maturity3.628%Feb 4, 2026Yield to maturity3.623%Feb 12, 2026Yield to maturity3.496%Feb 23, 2026Yield to maturity3.443%Mar 3, 2026Yield to maturity3.505%Mar 11, 2026Yield to maturity3.650%Mar 19, 2026Yield to maturity3.812%Mar 27, 2026Yield to maturity3.941%Apr 6, 2026Yield to maturity3.881%Apr 14, 2026Yield to maturity3.776%Apr 22, 2026Yield to maturity3.815%Apr 30, 2026Yield to maturity3.898%May 8, 2026Yield to maturity3.916%May 18, 2026Yield to maturity4.123%May 27, 2026Yield to maturity4.064%Jun 4, 2026Yield to maturity4.077%Jun 12, 2026Yield to maturity4.113%Jun 23, 2026Yield to maturity4.225%Jul 1, 2026Yield to maturity4.192%Jul 10, 2026Yield to maturity4.235%Jul 20, 2026Yield to maturity4.234%Jul 28, 2026Yield to maturity4.300%Aug 5, 2026Yield to maturity4.217%Aug 13, 2026Yield to maturity4.166%Aug 21, 2026Yield to maturity4.258%Aug 31, 2026Yield to maturity4.343%Sep 9, 2026Yield to maturity4.436%Sep 17, 2026Yield to maturity4.685%Sep 25, 2026Yield to maturity4.844%Oct 5, 2026Yield to maturity4.832%Oct 14, 2026Yield to maturity4.807%Oct 22, 2026Yield to maturity4.665%Oct 30, 2026Yield to maturity4.587%Nov 9, 2026Yield to maturity4.572%

Price history

1,297 trading days to Nov 9, 2026

80859095100105Aug 31, 2021Nov 9, 2026Aug 31, 2021Close100.313Sep 9, 2021Close100.313Sep 17, 2021Close99.719Sep 27, 2021Close98.906Oct 5, 2021Close98.813Oct 14, 2021Close98.625Oct 22, 2021Close97.656Nov 1, 2021Close97.875Nov 9, 2021Close98.781Nov 18, 2021Close97.813Nov 29, 2021Close98.188Dec 7, 2021Close98.125Dec 15, 2021Close98.156Dec 23, 2021Close98.188Jan 3, 2022Close97.375Jan 11, 2022Close96.563Jan 20, 2022Close96.000Jan 28, 2022Close96.188Feb 7, 2022Close95.313Feb 15, 2022Close94.406Feb 24, 2022Close95.031Mar 4, 2022Close96.406Mar 14, 2022Close93.719Mar 22, 2022Close92.125Mar 30, 2022Close92.094Apr 7, 2022Close90.469Apr 18, 2022Close89.875Apr 26, 2022Close90.156May 4, 2022Close89.313May 12, 2022Close89.938May 20, 2022Close90.188May 31, 2022Close89.938Jun 8, 2022Close88.938Jun 16, 2022Close87.375Jun 27, 2022Close87.906Jul 6, 2022Close89.406Jul 14, 2022Close89.063Jul 22, 2022Close90.156Aug 1, 2022Close91.250Aug 9, 2022Close89.844Aug 17, 2022Close89.406Aug 25, 2022Close88.750Sep 2, 2022Close88.000Sep 13, 2022Close86.844Sep 21, 2022Close86.156Sep 29, 2022Close84.938Oct 7, 2022Close84.313Oct 18, 2022Close84.000Oct 26, 2022Close84.063Nov 3, 2022Close83.438Nov 14, 2022Close85.125Nov 22, 2022Close85.531Dec 1, 2022Close86.781Dec 9, 2022Close86.500Dec 19, 2022Close86.750Dec 28, 2022Close85.469Jan 6, 2023Close86.969Jan 17, 2023Close87.406Jan 25, 2023Close87.719Feb 2, 2023Close88.094Feb 10, 2023Close86.156Feb 21, 2023Close85.188Mar 1, 2023Close84.781Mar 9, 2023Close85.063Mar 17, 2023Close88.250Mar 27, 2023Close87.625Apr 4, 2023Close88.719Apr 12, 2023Close88.469Apr 20, 2023Close87.750Apr 28, 2023Close88.281May 8, 2023Close88.406May 16, 2023Close88.313May 24, 2023Close87.219Jun 2, 2023Close87.063Jun 12, 2023Close86.875Jun 21, 2023Close86.750Jun 29, 2023Close86.063Jul 10, 2023Close85.656Jul 18, 2023Close86.719Jul 26, 2023Close86.344Aug 3, 2023Close85.531Aug 11, 2023Close85.594Aug 21, 2023Close85.000Aug 29, 2023Close85.813Sep 7, 2023Close85.375Sep 15, 2023Close85.156Sep 25, 2023Close84.563Oct 3, 2023Close83.906Oct 12, 2023Close84.438Oct 20, 2023Close83.844Oct 30, 2023Close84.094Nov 7, 2023Close85.219Nov 15, 2023Close85.344Nov 24, 2023Close85.531Dec 4, 2023Close86.563Dec 12, 2023Close86.656Dec 20, 2023Close88.125Dec 29, 2023Close88.281Jan 9, 2024Close87.875Jan 18, 2024Close87.750Jan 26, 2024Close87.750Feb 5, 2024Close87.500Feb 13, 2024Close86.844Feb 22, 2024Close86.781Mar 1, 2024Close87.500Mar 11, 2024Close87.813Mar 19, 2024Close87.031Mar 27, 2024Close87.531Apr 5, 2024Close86.906Apr 15, 2024Close86.031Apr 23, 2024Close86.156May 1, 2024Close86.156May 9, 2024Close86.844May 17, 2024Close87.000May 28, 2024Close86.563Jun 5, 2024Close87.563Jun 13, 2024Close87.844Jun 24, 2024Close87.781Jul 2, 2024Close87.469Jul 11, 2024Close88.469Jul 19, 2024Close88.438Jul 29, 2024Close88.875Aug 6, 2024Close90.094Aug 14, 2024Close90.375Aug 22, 2024Close90.188Aug 30, 2024Close90.313Sep 10, 2024Close91.406Sep 18, 2024Close91.313Sep 26, 2024Close91.094Oct 4, 2024Close90.219Oct 15, 2024Close90.156Oct 23, 2024Close89.594Oct 31, 2024Close89.313Nov 8, 2024Close89.188Nov 19, 2024Close89.125Nov 27, 2024Close89.469Dec 6, 2024Close89.906Dec 16, 2024Close89.344Dec 24, 2024Close88.844Jan 3, 2025Close89.094Jan 13, 2025Close88.625Jan 22, 2025Close89.188Jan 30, 2025Close89.625Feb 7, 2025Close89.531Feb 18, 2025Close89.500Feb 26, 2025Close90.469Mar 6, 2025Close90.656Mar 14, 2025Close90.656Mar 24, 2025Close90.688Apr 1, 2025Close91.281Apr 9, 2025Close91.031Apr 17, 2025Close91.469Apr 28, 2025Close91.938May 6, 2025Close91.719May 14, 2025Close90.938May 22, 2025Close91.219Jun 2, 2025Close91.531Jun 10, 2025Close91.375Jun 18, 2025Close91.688Jun 27, 2025Close92.219Jul 8, 2025Close91.875Jul 16, 2025Close91.969Jul 24, 2025Close92.000Aug 1, 2025Close92.625Aug 11, 2025Close92.500Aug 19, 2025Close92.625Aug 27, 2025Close92.969Sep 5, 2025Close93.344Sep 15, 2025Close93.313Sep 23, 2025Close93.219Oct 1, 2025Close93.281Oct 9, 2025Close93.219Oct 20, 2025Close93.656Oct 28, 2025Close93.625Nov 5, 2025Close93.313Nov 14, 2025Close93.438Nov 24, 2025Close93.813Dec 3, 2025Close93.844Dec 11, 2025Close93.750Dec 19, 2025Close93.906Dec 30, 2025Close94.000Jan 8, 2026Close93.969Jan 16, 2026Close93.781Jan 27, 2026Close93.875Feb 4, 2026Close93.938Feb 12, 2026Close94.281Feb 23, 2026Close94.469Mar 3, 2026Close94.375Mar 11, 2026Close94.094Mar 19, 2026Close93.781Mar 27, 2026Close93.563Apr 6, 2026Close93.750Apr 14, 2026Close94.031Apr 22, 2026Close94.000Apr 30, 2026Close93.875May 8, 2026Close93.906May 18, 2026Close93.531May 27, 2026Close93.719Jun 4, 2026Close93.750Jun 12, 2026Close93.750Jun 23, 2026Close93.594Jul 1, 2026Close93.719Jul 10, 2026Close93.719Jul 20, 2026Close93.781Jul 28, 2026Close93.719Aug 5, 2026Close93.938Aug 13, 2026Close94.094Aug 21, 2026Close94.000Aug 31, 2026Close93.906Sep 9, 2026Close93.813Sep 17, 2026Close93.438Sep 25, 2026Close93.250Oct 5, 2026Close93.344Oct 14, 2026Close93.469Oct 22, 2026Close93.781Oct 30, 2026Close94.000Nov 9, 2026Close94.094
The most recent 20 trading days of prices for 91282CCV1.
DateBidOfferClose
Nov 9, 202694.09494.10994.094
Nov 6, 202694.15694.17294.156
Nov 5, 202694.12594.12594.219
Nov 4, 202694.00094.01694.031
Nov 3, 202693.96993.98493.969
Nov 2, 202694.00094.01694.000
Oct 30, 202693.93893.95394.000
Oct 29, 202693.87593.89193.875
Oct 28, 202693.65693.67293.750
Oct 27, 202693.71993.73493.688
Oct 26, 202693.71993.73493.719
Oct 23, 202693.75093.76693.781
Oct 22, 202693.71993.73493.781
Oct 21, 202693.56393.57893.531
Oct 20, 202693.59493.60993.563
Oct 19, 202693.59493.60993.594
Oct 16, 202693.62593.64193.625
Oct 15, 202693.53193.54793.531
Oct 14, 202693.37593.39193.469
Oct 13, 202693.46993.48493.500

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 91282CCV1.
Auction dateIssuedTypeOfferedAcceptedBid to coverHigh yield
Aug 26, 2021Aug 31, 2021New issue$62.0bn$69.8bn2.34x1.155%

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.