Treasury note

91282CEV9 · 3.25% due June 30, 2029

Original term
7-Year
Maturity
Jun 30, 2029
Coupon
3.250%
Pays
Semi-Annual
Dated
Jun 30, 2022
First coupon
Dec 31, 2022
Priced through
Nov 9, 2026
Analyzed through
Nov 9, 2026

Statement of October 31, 2026

Amount outstanding
$42.97bn
Held stripped
$292.0m
Share stripped
0.68%

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
4.609%
Modified duration
2.462 yr
DV01
0.0241
Convexity
0.0746
Dirty price
97.831

Where its rate sensitivity sits

<.01
0.01
0.03
0.93
1.55
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 5 of twelve buckets, summing to 2.516 years against a modified duration of 2.462.

Against the fitted curve

Priced 0.6 bp rich to the curve on that day, 1.32 cents per 100 of face.

That is -0.16 standard deviations from its own typical residual.

Yield to maturity, 1,090 observations

2.5%3.0%3.5%4.0%4.5%5.0%5.5%Jun 30, 2022Nov 9, 2026Jun 30, 2022Yield to maturity3.035%Jul 8, 2022Yield to maturity3.159%Jul 15, 2022Yield to maturity3.029%Jul 22, 2022Yield to maturity2.855%Jul 29, 2022Yield to maturity2.706%Aug 5, 2022Yield to maturity2.912%Aug 12, 2022Yield to maturity2.921%Aug 19, 2022Yield to maturity3.071%Aug 26, 2022Yield to maturity3.178%Sep 2, 2022Yield to maturity3.317%Sep 12, 2022Yield to maturity3.478%Sep 19, 2022Yield to maturity3.648%Sep 26, 2022Yield to maturity4.098%Oct 3, 2022Yield to maturity3.844%Oct 11, 2022Yield to maturity4.114%Oct 18, 2022Yield to maturity4.178%Oct 25, 2022Yield to maturity4.219%Nov 1, 2022Yield to maturity4.238%Nov 8, 2022Yield to maturity4.281%Nov 16, 2022Yield to maturity3.815%Nov 23, 2022Yield to maturity3.872%Dec 1, 2022Yield to maturity3.665%Dec 8, 2022Yield to maturity3.682%Dec 15, 2022Yield to maturity3.601%Dec 22, 2022Yield to maturity3.806%Dec 30, 2022Yield to maturity4.011%Jan 9, 2023Yield to maturity3.649%Jan 17, 2023Yield to maturity3.617%Jan 24, 2023Yield to maturity3.557%Jan 31, 2023Yield to maturity3.624%Feb 7, 2023Yield to maturity3.822%Feb 14, 2023Yield to maturity3.960%Feb 22, 2023Yield to maturity4.130%Mar 1, 2023Yield to maturity4.232%Mar 8, 2023Yield to maturity4.258%Mar 15, 2023Yield to maturity3.624%Mar 22, 2023Yield to maturity3.580%Mar 29, 2023Yield to maturity3.689%Apr 5, 2023Yield to maturity3.389%Apr 12, 2023Yield to maturity3.486%Apr 19, 2023Yield to maturity3.722%Apr 26, 2023Yield to maturity3.499%May 3, 2023Yield to maturity3.414%May 10, 2023Yield to maturity3.443%May 17, 2023Yield to maturity3.623%May 24, 2023Yield to maturity3.811%Jun 1, 2023Yield to maturity3.719%Jun 8, 2023Yield to maturity3.874%Jun 15, 2023Yield to maturity3.900%Jun 23, 2023Yield to maturity3.963%Jun 30, 2023Yield to maturity4.074%Jul 10, 2023Yield to maturity4.224%Jul 17, 2023Yield to maturity3.994%Jul 24, 2023Yield to maturity4.088%Jul 31, 2023Yield to maturity4.170%Aug 7, 2023Yield to maturity4.185%Aug 14, 2023Yield to maturity4.363%Aug 21, 2023Yield to maturity4.474%Aug 28, 2023Yield to maturity4.389%Sep 5, 2023Yield to maturity4.405%Sep 12, 2023Yield to maturity4.428%Sep 19, 2023Yield to maturity4.541%Sep 26, 2023Yield to maturity4.675%Oct 3, 2023Yield to maturity4.870%Oct 11, 2023Yield to maturity4.651%Oct 18, 2023Yield to maturity4.987%Oct 25, 2023Yield to maturity4.993%Nov 1, 2023Yield to maturity4.764%Nov 8, 2023Yield to maturity4.576%Nov 15, 2023Yield to maturity4.580%Nov 22, 2023Yield to maturity4.492%Nov 30, 2023Yield to maturity4.384%Dec 7, 2023Yield to maturity4.171%Dec 14, 2023Yield to maturity3.953%Dec 21, 2023Yield to maturity3.929%Dec 29, 2023Yield to maturity3.894%Jan 8, 2024Yield to maturity4.007%Jan 16, 2024Yield to maturity3.996%Jan 23, 2024Yield to maturity4.084%Jan 30, 2024Yield to maturity4.034%Feb 6, 2024Yield to maturity4.070%Feb 13, 2024Yield to maturity4.335%Feb 21, 2024Yield to maturity4.325%Feb 28, 2024Yield to maturity4.301%Mar 6, 2024Yield to maturity4.148%Mar 13, 2024Yield to maturity4.219%Mar 20, 2024Yield to maturity4.277%Mar 27, 2024Yield to maturity4.212%Apr 4, 2024Yield to maturity4.320%Apr 11, 2024Yield to maturity4.632%Apr 18, 2024Yield to maturity4.700%Apr 25, 2024Yield to maturity4.741%May 2, 2024Yield to maturity4.596%May 9, 2024Yield to maturity4.494%May 16, 2024Yield to maturity4.420%May 23, 2024Yield to maturity4.538%May 31, 2024Yield to maturity4.545%Jun 7, 2024Yield to maturity4.478%Jun 14, 2024Yield to maturity4.259%Jun 24, 2024Yield to maturity4.299%Jul 1, 2024Yield to maturity4.470%Jul 9, 2024Yield to maturity4.278%Jul 16, 2024Yield to maturity4.115%Jul 23, 2024Yield to maturity4.176%Jul 30, 2024Yield to maturity4.063%Aug 6, 2024Yield to maturity3.764%Aug 13, 2024Yield to maturity3.708%Aug 20, 2024Yield to maturity3.732%Aug 27, 2024Yield to maturity3.690%Sep 4, 2024Yield to maturity3.605%Sep 11, 2024Yield to maturity3.484%Sep 18, 2024Yield to maturity3.507%Sep 25, 2024Yield to maturity3.551%Oct 2, 2024Yield to maturity3.574%Oct 9, 2024Yield to maturity3.922%Oct 17, 2024Yield to maturity3.925%Oct 24, 2024Yield to maturity4.055%Oct 31, 2024Yield to maturity4.172%Nov 7, 2024Yield to maturity4.199%Nov 15, 2024Yield to maturity4.320%Nov 22, 2024Yield to maturity4.324%Dec 2, 2024Yield to maturity4.111%Dec 9, 2024Yield to maturity4.092%Dec 16, 2024Yield to maturity4.267%Dec 23, 2024Yield to maturity4.445%Dec 31, 2024Yield to maturity4.379%Jan 8, 2025Yield to maturity4.440%Jan 15, 2025Yield to maturity4.452%Jan 23, 2025Yield to maturity4.450%Jan 30, 2025Yield to maturity4.309%Feb 6, 2025Yield to maturity4.289%Feb 13, 2025Yield to maturity4.399%Feb 21, 2025Yield to maturity4.259%Feb 28, 2025Yield to maturity4.043%Mar 7, 2025Yield to maturity4.087%Mar 14, 2025Yield to maturity4.091%Mar 21, 2025Yield to maturity3.996%Mar 28, 2025Yield to maturity3.966%Apr 4, 2025Yield to maturity3.708%Apr 11, 2025Yield to maturity4.122%Apr 21, 2025Yield to maturity3.910%Apr 28, 2025Yield to maturity3.772%May 5, 2025Yield to maturity3.907%May 12, 2025Yield to maturity4.070%May 19, 2025Yield to maturity4.031%May 27, 2025Yield to maturity4.001%Jun 3, 2025Yield to maturity4.005%Jun 10, 2025Yield to maturity4.051%Jun 17, 2025Yield to maturity3.960%Jun 25, 2025Yield to maturity3.809%Jul 2, 2025Yield to maturity3.820%Jul 10, 2025Yield to maturity3.884%Jul 17, 2025Yield to maturity3.957%Jul 24, 2025Yield to maturity3.925%Jul 31, 2025Yield to maturity3.927%Aug 7, 2025Yield to maturity3.745%Aug 14, 2025Yield to maturity3.765%Aug 21, 2025Yield to maturity3.794%Aug 28, 2025Yield to maturity3.645%Sep 5, 2025Yield to maturity3.532%Sep 12, 2025Yield to maturity3.587%Sep 19, 2025Yield to maturity3.633%Sep 26, 2025Yield to maturity3.717%Oct 3, 2025Yield to maturity3.655%Oct 10, 2025Yield to maturity3.584%Oct 20, 2025Yield to maturity3.522%Oct 27, 2025Yield to maturity3.551%Nov 3, 2025Yield to maturity3.654%Nov 10, 2025Yield to maturity3.647%Nov 18, 2025Yield to maturity3.631%Nov 25, 2025Yield to maturity3.511%Dec 3, 2025Yield to maturity3.550%Dec 10, 2025Yield to maturity3.637%Dec 17, 2025Yield to maturity3.591%Dec 24, 2025Yield to maturity3.613%Jan 2, 2026Yield to maturity3.606%Jan 9, 2026Yield to maturity3.646%Jan 16, 2026Yield to maturity3.708%Jan 26, 2026Yield to maturity3.700%Feb 2, 2026Yield to maturity3.692%Feb 9, 2026Yield to maturity3.605%Feb 17, 2026Yield to maturity3.517%Feb 24, 2026Yield to maturity3.499%Mar 3, 2026Yield to maturity3.530%Mar 10, 2026Yield to maturity3.623%Mar 17, 2026Yield to maturity3.697%Mar 24, 2026Yield to maturity3.959%Mar 31, 2026Yield to maturity3.837%Apr 7, 2026Yield to maturity3.861%Apr 14, 2026Yield to maturity3.781%Apr 21, 2026Yield to maturity3.805%Apr 28, 2026Yield to maturity3.883%May 5, 2026Yield to maturity3.984%May 12, 2026Yield to maturity4.031%May 19, 2026Yield to maturity4.223%May 27, 2026Yield to maturity4.097%Jun 3, 2026Yield to maturity4.146%Jun 10, 2026Yield to maturity4.197%Jun 17, 2026Yield to maturity4.248%Jun 25, 2026Yield to maturity4.142%Jul 2, 2026Yield to maturity4.172%Jul 10, 2026Yield to maturity4.247%Jul 17, 2026Yield to maturity4.218%Jul 24, 2026Yield to maturity4.375%Jul 31, 2026Yield to maturity4.359%Aug 7, 2026Yield to maturity4.259%Aug 14, 2026Yield to maturity4.254%Aug 21, 2026Yield to maturity4.308%Aug 28, 2026Yield to maturity4.411%Sep 4, 2026Yield to maturity4.456%Sep 14, 2026Yield to maturity4.722%Sep 21, 2026Yield to maturity4.807%Sep 28, 2026Yield to maturity5.006%Oct 5, 2026Yield to maturity4.942%Oct 13, 2026Yield to maturity4.891%Oct 20, 2026Yield to maturity4.863%Oct 27, 2026Yield to maturity4.797%Nov 3, 2026Yield to maturity4.678%Nov 9, 2026Yield to maturity4.609%

Price history

1,090 trading days to Nov 9, 2026

90.092.595.097.5100.0102.5105.0Jun 30, 2022Nov 9, 2026Jun 30, 2022Close101.344Jul 8, 2022Close100.563Jul 15, 2022Close101.375Jul 22, 2022Close102.469Jul 29, 2022Close103.406Aug 5, 2022Close102.094Aug 12, 2022Close102.031Aug 19, 2022Close101.094Aug 26, 2022Close100.438Sep 2, 2022Close99.594Sep 12, 2022Close98.625Sep 19, 2022Close97.625Sep 26, 2022Close95.031Oct 3, 2022Close96.500Oct 11, 2022Close94.969Oct 18, 2022Close94.625Oct 25, 2022Close94.406Nov 1, 2022Close94.313Nov 8, 2022Close94.094Nov 16, 2022Close96.719Nov 23, 2022Close96.406Dec 1, 2022Close97.594Dec 8, 2022Close97.500Dec 15, 2022Close97.969Dec 22, 2022Close96.813Dec 30, 2022Close95.688Jan 9, 2023Close97.719Jan 17, 2023Close97.906Jan 24, 2023Close98.250Jan 31, 2023Close97.875Feb 7, 2023Close96.781Feb 14, 2023Close96.031Feb 22, 2023Close95.125Mar 1, 2023Close94.594Mar 8, 2023Close94.469Mar 15, 2023Close97.906Mar 22, 2023Close98.156Mar 29, 2023Close97.563Apr 5, 2023Close99.219Apr 12, 2023Close98.688Apr 19, 2023Close97.406Apr 26, 2023Close98.625May 3, 2023Close99.094May 10, 2023Close98.938May 17, 2023Close97.969May 24, 2023Close96.969Jun 1, 2023Close97.469Jun 8, 2023Close96.656Jun 15, 2023Close96.531Jun 23, 2023Close96.219Jun 30, 2023Close95.656Jul 10, 2023Close94.906Jul 17, 2023Close96.094Jul 24, 2023Close95.625Jul 31, 2023Close95.219Aug 7, 2023Close95.156Aug 14, 2023Close94.281Aug 21, 2023Close93.750Aug 28, 2023Close94.188Sep 5, 2023Close94.125Sep 12, 2023Close94.031Sep 19, 2023Close93.500Sep 26, 2023Close92.875Oct 3, 2023Close91.969Oct 11, 2023Close93.031Oct 18, 2023Close91.469Oct 25, 2023Close91.469Nov 1, 2023Close92.563Nov 8, 2023Close93.469Nov 15, 2023Close93.469Nov 22, 2023Close93.906Nov 30, 2023Close94.438Dec 7, 2023Close95.469Dec 14, 2023Close96.531Dec 21, 2023Close96.656Dec 29, 2023Close96.844Jan 8, 2024Close96.313Jan 16, 2024Close96.375Jan 23, 2024Close95.969Jan 30, 2024Close96.219Feb 6, 2024Close96.063Feb 13, 2024Close94.844Feb 21, 2024Close94.906Feb 28, 2024Close95.031Mar 6, 2024Close95.750Mar 13, 2024Close95.438Mar 20, 2024Close95.188Mar 27, 2024Close95.500Apr 4, 2024Close95.031Apr 11, 2024Close93.656Apr 18, 2024Close93.375Apr 25, 2024Close93.219May 2, 2024Close93.875May 9, 2024Close94.344May 16, 2024Close94.688May 23, 2024Close94.188May 31, 2024Close94.188Jun 7, 2024Close94.500Jun 14, 2024Close95.469Jun 24, 2024Close95.313Jul 1, 2024Close94.594Jul 9, 2024Close95.438Jul 16, 2024Close96.156Jul 23, 2024Close95.906Jul 30, 2024Close96.406Aug 6, 2024Close97.719Aug 13, 2024Close97.969Aug 20, 2024Close97.875Aug 27, 2024Close98.063Sep 4, 2024Close98.438Sep 11, 2024Close98.969Sep 18, 2024Close98.875Sep 25, 2024Close98.688Oct 2, 2024Close98.594Oct 9, 2024Close97.125Oct 17, 2024Close97.125Oct 24, 2024Close96.594Oct 31, 2024Close96.125Nov 7, 2024Close96.031Nov 15, 2024Close95.563Nov 22, 2024Close95.563Dec 2, 2024Close96.438Dec 9, 2024Close96.531Dec 16, 2024Close95.844Dec 23, 2024Close95.156Dec 31, 2024Close95.438Jan 8, 2025Close95.219Jan 15, 2025Close95.188Jan 23, 2025Close95.219Jan 30, 2025Close95.781Feb 6, 2025Close95.875Feb 13, 2025Close95.469Feb 21, 2025Close96.031Feb 28, 2025Close96.875Mar 7, 2025Close96.719Mar 14, 2025Close96.719Mar 21, 2025Close97.094Mar 28, 2025Close97.219Apr 4, 2025Close98.219Apr 11, 2025Close96.656Apr 21, 2025Close97.469Apr 28, 2025Close98.000May 5, 2025Close97.500May 12, 2025Close96.906May 19, 2025Close97.063May 27, 2025Close97.188Jun 3, 2025Close97.188Jun 10, 2025Close97.031Jun 17, 2025Close97.375Jun 25, 2025Close97.938Jul 2, 2025Close97.906Jul 10, 2025Close97.688Jul 17, 2025Close97.438Jul 24, 2025Close97.563Jul 31, 2025Close97.563Aug 7, 2025Close98.219Aug 14, 2025Close98.156Aug 21, 2025Close98.063Aug 28, 2025Close98.594Sep 5, 2025Close99.000Sep 12, 2025Close98.813Sep 19, 2025Close98.656Sep 26, 2025Close98.375Oct 3, 2025Close98.594Oct 10, 2025Close98.844Oct 20, 2025Close99.063Oct 27, 2025Close98.969Nov 3, 2025Close98.625Nov 10, 2025Close98.656Nov 18, 2025Close98.719Nov 25, 2025Close99.125Dec 3, 2025Close99.000Dec 10, 2025Close98.719Dec 17, 2025Close98.875Dec 24, 2025Close98.813Jan 2, 2026Close98.844Jan 9, 2026Close98.719Jan 16, 2026Close98.531Jan 26, 2026Close98.563Feb 2, 2026Close98.594Feb 9, 2026Close98.875Feb 17, 2026Close99.156Feb 24, 2026Close99.219Mar 3, 2026Close99.125Mar 10, 2026Close98.844Mar 17, 2026Close98.625Mar 24, 2026Close97.844Mar 31, 2026Close98.219Apr 7, 2026Close98.156Apr 14, 2026Close98.406Apr 21, 2026Close98.344Apr 28, 2026Close98.125May 5, 2026Close97.844May 12, 2026Close97.719May 19, 2026Close97.188May 27, 2026Close97.563Jun 3, 2026Close97.438Jun 10, 2026Close97.313Jun 17, 2026Close97.188Jun 25, 2026Close97.500Jul 2, 2026Close97.438Jul 10, 2026Close97.250Jul 17, 2026Close97.344Jul 24, 2026Close96.938Jul 31, 2026Close97.000Aug 7, 2026Close97.281Aug 14, 2026Close97.313Aug 21, 2026Close97.188Aug 28, 2026Close96.938Sep 4, 2026Close96.844Sep 14, 2026Close96.188Sep 21, 2026Close96.000Sep 28, 2026Close95.531Oct 5, 2026Close95.719Oct 13, 2026Close95.875Oct 20, 2026Close95.969Oct 27, 2026Close96.156Nov 3, 2026Close96.469Nov 9, 2026Close96.656
The most recent 20 trading days of prices for 91282CEV9.
DateBidOfferClose
Nov 9, 202696.65696.67296.656
Nov 6, 202696.71996.75096.719
Nov 5, 202696.71996.75096.844
Nov 4, 202696.53196.56396.594
Nov 3, 202696.50096.53196.469
Nov 2, 202696.56396.59496.531
Oct 30, 202696.46996.48496.531
Oct 29, 202696.37596.39196.375
Oct 28, 202696.06396.09496.188
Oct 27, 202696.18896.21996.156
Oct 26, 202696.21996.23496.188
Oct 23, 202696.25096.28196.281
Oct 22, 202696.18896.21996.344
Oct 21, 202695.96996.00095.938
Oct 20, 202696.03196.04795.969
Oct 19, 202696.00096.03196.000
Oct 16, 202696.09496.12596.094
Oct 15, 202696.00096.01696.000
Oct 14, 202695.71995.73495.844
Oct 13, 202695.81395.84495.875

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 91282CEV9.
Auction dateIssuedTypeOfferedAcceptedBid to coverHigh yield
Jun 28, 2022Jun 30, 2022New issue$40.0bn$43.1bn2.48x3.280%

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.