Treasury note

91282CHJ3 · 3.75% due June 30, 2030

Original term
7-Year
Maturity
Jun 30, 2030
Coupon
3.750%
Pays
Semi-Annual
Dated
Jun 30, 2023
First coupon
Dec 31, 2023
Priced through
Nov 9, 2026
Analyzed through
Nov 9, 2026

Statement of October 31, 2026

Amount outstanding
$34.10bn
Held stripped
$65.8m
Share stripped
0.19%

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
4.645%
Modified duration
3.308 yr
DV01
0.0325
Convexity
0.131
Dirty price
98.387

Where its rate sensitivity sits

<.01
0.01
0.03
0.07
2.25
1.02
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 6 of twelve buckets, summing to 3.382 years against a modified duration of 3.308.

Against the fitted curve

Priced 0.7 bp rich to the curve on that day, 2.16 cents per 100 of face.

That is -1.09 standard deviations from its own typical residual.

Yield to maturity, 840 observations

3.0%3.5%4.0%4.5%5.0%5.5%Jun 30, 2023Nov 9, 2026Jun 30, 2023Yield to maturity3.972%Jul 7, 2023Yield to maturity4.225%Jul 13, 2023Yield to maturity3.853%Jul 19, 2023Yield to maturity3.869%Jul 25, 2023Yield to maturity4.052%Jul 31, 2023Yield to maturity4.090%Aug 4, 2023Yield to maturity4.112%Aug 10, 2023Yield to maturity4.176%Aug 16, 2023Yield to maturity4.377%Aug 22, 2023Yield to maturity4.443%Aug 28, 2023Yield to maturity4.330%Sep 1, 2023Yield to maturity4.272%Sep 8, 2023Yield to maturity4.360%Sep 14, 2023Yield to maturity4.388%Sep 20, 2023Yield to maturity4.467%Sep 26, 2023Yield to maturity4.630%Oct 2, 2023Yield to maturity4.745%Oct 6, 2023Yield to maturity4.804%Oct 13, 2023Yield to maturity4.676%Oct 19, 2023Yield to maturity5.021%Oct 25, 2023Yield to maturity4.989%Oct 31, 2023Yield to maturity4.910%Nov 6, 2023Yield to maturity4.677%Nov 10, 2023Yield to maturity4.697%Nov 16, 2023Yield to maturity4.482%Nov 22, 2023Yield to maturity4.478%Nov 29, 2023Yield to maturity4.300%Dec 5, 2023Yield to maturity4.211%Dec 11, 2023Yield to maturity4.291%Dec 15, 2023Yield to maturity3.952%Dec 21, 2023Yield to maturity3.920%Dec 28, 2023Yield to maturity3.876%Jan 4, 2024Yield to maturity4.009%Jan 10, 2024Yield to maturity4.032%Jan 17, 2024Yield to maturity4.078%Jan 23, 2024Yield to maturity4.112%Jan 29, 2024Yield to maturity4.034%Feb 2, 2024Yield to maturity4.029%Feb 8, 2024Yield to maturity4.165%Feb 14, 2024Yield to maturity4.287%Feb 21, 2024Yield to maturity4.340%Feb 27, 2024Yield to maturity4.353%Mar 4, 2024Yield to maturity4.250%Mar 8, 2024Yield to maturity4.095%Mar 14, 2024Yield to maturity4.322%Mar 20, 2024Yield to maturity4.288%Mar 26, 2024Yield to maturity4.254%Apr 2, 2024Yield to maturity4.379%Apr 8, 2024Yield to maturity4.445%Apr 12, 2024Yield to maturity4.548%Apr 18, 2024Yield to maturity4.688%Apr 24, 2024Yield to maturity4.678%Apr 30, 2024Yield to maturity4.729%May 6, 2024Yield to maturity4.501%May 10, 2024Yield to maturity4.521%May 16, 2024Yield to maturity4.402%May 22, 2024Yield to maturity4.464%May 29, 2024Yield to maturity4.655%Jun 4, 2024Yield to maturity4.353%Jun 10, 2024Yield to maturity4.488%Jun 14, 2024Yield to maturity4.229%Jun 21, 2024Yield to maturity4.273%Jun 27, 2024Yield to maturity4.310%Jul 3, 2024Yield to maturity4.342%Jul 10, 2024Yield to maturity4.252%Jul 16, 2024Yield to maturity4.108%Jul 22, 2024Yield to maturity4.200%Jul 26, 2024Yield to maturity4.109%Aug 1, 2024Yield to maturity3.881%Aug 7, 2024Yield to maturity3.839%Aug 13, 2024Yield to maturity3.720%Aug 19, 2024Yield to maturity3.779%Aug 23, 2024Yield to maturity3.701%Aug 29, 2024Yield to maturity3.749%Sep 5, 2024Yield to maturity3.605%Sep 11, 2024Yield to maturity3.509%Sep 17, 2024Yield to maturity3.497%Sep 23, 2024Yield to maturity3.574%Sep 27, 2024Yield to maturity3.567%Oct 3, 2024Yield to maturity3.676%Oct 9, 2024Yield to maturity3.946%Oct 16, 2024Yield to maturity3.891%Oct 22, 2024Yield to maturity4.053%Oct 28, 2024Yield to maturity4.155%Nov 1, 2024Yield to maturity4.264%Nov 7, 2024Yield to maturity4.214%Nov 14, 2024Yield to maturity4.356%Nov 20, 2024Yield to maturity4.313%Nov 26, 2024Yield to maturity4.224%Dec 3, 2024Yield to maturity4.149%Dec 9, 2024Yield to maturity4.105%Dec 13, 2024Yield to maturity4.293%Dec 19, 2024Yield to maturity4.458%Dec 26, 2024Yield to maturity4.454%Jan 2, 2025Yield to maturity4.410%Jan 8, 2025Yield to maturity4.491%Jan 14, 2025Yield to maturity4.627%Jan 21, 2025Yield to maturity4.428%Jan 27, 2025Yield to maturity4.364%Jan 31, 2025Yield to maturity4.412%Feb 6, 2025Yield to maturity4.313%Feb 12, 2025Yield to maturity4.516%Feb 19, 2025Yield to maturity4.404%Feb 25, 2025Yield to maturity4.164%Mar 3, 2025Yield to maturity4.005%Mar 7, 2025Yield to maturity4.133%Mar 13, 2025Yield to maturity4.067%Mar 19, 2025Yield to maturity4.067%Mar 25, 2025Yield to maturity4.102%Mar 31, 2025Yield to maturity3.989%Apr 4, 2025Yield to maturity3.749%Apr 10, 2025Yield to maturity4.071%Apr 16, 2025Yield to maturity3.937%Apr 23, 2025Yield to maturity4.046%Apr 29, 2025Yield to maturity3.803%May 5, 2025Yield to maturity3.972%May 9, 2025Yield to maturity4.021%May 15, 2025Yield to maturity4.090%May 21, 2025Yield to maturity4.174%May 28, 2025Yield to maturity4.093%Jun 3, 2025Yield to maturity4.059%Jun 9, 2025Yield to maturity4.116%Jun 13, 2025Yield to maturity4.033%Jun 20, 2025Yield to maturity3.986%Jun 26, 2025Yield to maturity3.812%Jul 2, 2025Yield to maturity3.889%Jul 9, 2025Yield to maturity3.931%Jul 15, 2025Yield to maturity4.059%Jul 21, 2025Yield to maturity3.925%Jul 25, 2025Yield to maturity3.968%Jul 31, 2025Yield to maturity3.968%Aug 6, 2025Yield to maturity3.771%Aug 12, 2025Yield to maturity3.834%Aug 18, 2025Yield to maturity3.863%Aug 22, 2025Yield to maturity3.763%Aug 28, 2025Yield to maturity3.706%Sep 4, 2025Yield to maturity3.649%Sep 10, 2025Yield to maturity3.592%Sep 16, 2025Yield to maturity3.591%Sep 22, 2025Yield to maturity3.706%Sep 26, 2025Yield to maturity3.778%Oct 2, 2025Yield to maturity3.669%Oct 8, 2025Yield to maturity3.720%Oct 15, 2025Yield to maturity3.625%Oct 21, 2025Yield to maturity3.559%Oct 27, 2025Yield to maturity3.610%Oct 31, 2025Yield to maturity3.705%Nov 6, 2025Yield to maturity3.683%Nov 13, 2025Yield to maturity3.690%Nov 19, 2025Yield to maturity3.690%Nov 25, 2025Yield to maturity3.556%Dec 2, 2025Yield to maturity3.637%Dec 8, 2025Yield to maturity3.735%Dec 12, 2025Yield to maturity3.720%Dec 18, 2025Yield to maturity3.629%Dec 24, 2025Yield to maturity3.689%Dec 31, 2025Yield to maturity3.689%Jan 7, 2026Yield to maturity3.658%Jan 13, 2026Yield to maturity3.704%Jan 20, 2026Yield to maturity3.819%Jan 26, 2026Yield to maturity3.780%Jan 30, 2026Yield to maturity3.749%Feb 5, 2026Yield to maturity3.695%Feb 11, 2026Yield to maturity3.710%Feb 18, 2026Yield to maturity3.616%Feb 24, 2026Yield to maturity3.569%Mar 2, 2026Yield to maturity3.584%Mar 6, 2026Yield to maturity3.694%Mar 12, 2026Yield to maturity3.852%Mar 18, 2026Yield to maturity3.845%Mar 24, 2026Yield to maturity4.014%Mar 30, 2026Yield to maturity3.942%Apr 3, 2026Yield to maturity3.967%Apr 9, 2026Yield to maturity3.878%Apr 15, 2026Yield to maturity3.863%Apr 21, 2026Yield to maturity3.871%Apr 27, 2026Yield to maturity3.913%May 1, 2026Yield to maturity3.988%May 7, 2026Yield to maturity4.013%May 13, 2026Yield to maturity4.089%May 19, 2026Yield to maturity4.293%May 26, 2026Yield to maturity4.168%Jun 1, 2026Yield to maturity4.162%Jun 5, 2026Yield to maturity4.274%Jun 11, 2026Yield to maturity4.156%Jun 17, 2026Yield to maturity4.261%Jun 24, 2026Yield to maturity4.177%Jun 30, 2026Yield to maturity4.187%Jul 7, 2026Yield to maturity4.259%Jul 13, 2026Yield to maturity4.348%Jul 17, 2026Yield to maturity4.253%Jul 23, 2026Yield to maturity4.440%Jul 29, 2026Yield to maturity4.345%Aug 4, 2026Yield to maturity4.303%Aug 10, 2026Yield to maturity4.367%Aug 14, 2026Yield to maturity4.316%Aug 20, 2026Yield to maturity4.335%Aug 26, 2026Yield to maturity4.346%Sep 1, 2026Yield to maturity4.521%Sep 8, 2026Yield to maturity4.534%Sep 14, 2026Yield to maturity4.778%Sep 18, 2026Yield to maturity4.866%Sep 24, 2026Yield to maturity5.039%Sep 30, 2026Yield to maturity5.054%Oct 6, 2026Yield to maturity4.983%Oct 13, 2026Yield to maturity4.970%Oct 19, 2026Yield to maturity4.917%Oct 23, 2026Yield to maturity4.797%Oct 29, 2026Yield to maturity4.772%Nov 4, 2026Yield to maturity4.661%Nov 9, 2026Yield to maturity4.645%

Price history

840 trading days to Nov 9, 2026

92949698100102Jun 30, 2023Nov 9, 2026Jun 30, 2023Close98.656Jul 7, 2023Close97.156Jul 13, 2023Close99.375Jul 19, 2023Close99.281Jul 25, 2023Close98.188Jul 31, 2023Close97.969Aug 4, 2023Close97.844Aug 10, 2023Close97.469Aug 16, 2023Close96.313Aug 22, 2023Close95.938Aug 28, 2023Close96.594Sep 1, 2023Close96.938Sep 8, 2023Close96.438Sep 14, 2023Close96.281Sep 20, 2023Close95.844Sep 26, 2023Close94.938Oct 2, 2023Close94.313Oct 6, 2023Close94.000Oct 13, 2023Close94.719Oct 19, 2023Close92.844Oct 25, 2023Close93.031Oct 31, 2023Close93.469Nov 6, 2023Close94.750Nov 10, 2023Close94.656Nov 16, 2023Close95.844Nov 22, 2023Close95.875Nov 29, 2023Close96.875Dec 5, 2023Close97.375Dec 11, 2023Close96.938Dec 15, 2023Close98.844Dec 21, 2023Close99.031Dec 28, 2023Close99.281Jan 4, 2024Close98.531Jan 10, 2024Close98.406Jan 17, 2024Close98.156Jan 23, 2024Close97.969Jan 29, 2024Close98.406Feb 2, 2024Close98.438Feb 8, 2024Close97.688Feb 14, 2024Close97.031Feb 21, 2024Close96.750Feb 27, 2024Close96.688Mar 4, 2024Close97.250Mar 8, 2024Close98.094Mar 14, 2024Close96.875Mar 20, 2024Close97.063Mar 26, 2024Close97.250Apr 2, 2024Close96.594Apr 8, 2024Close96.250Apr 12, 2024Close95.719Apr 18, 2024Close95.000Apr 24, 2024Close95.063Apr 30, 2024Close94.813May 6, 2024Close96.000May 10, 2024Close95.906May 16, 2024Close96.531May 22, 2024Close96.219May 29, 2024Close95.250Jun 4, 2024Close96.813Jun 10, 2024Close96.125Jun 14, 2024Close97.469Jun 21, 2024Close97.250Jun 27, 2024Close97.063Jul 3, 2024Close96.906Jul 10, 2024Close97.375Jul 16, 2024Close98.125Jul 22, 2024Close97.656Jul 26, 2024Close98.125Aug 1, 2024Close99.313Aug 7, 2024Close99.531Aug 13, 2024Close100.156Aug 19, 2024Close99.844Aug 23, 2024Close100.250Aug 29, 2024Close100.000Sep 5, 2024Close100.750Sep 11, 2024Close101.250Sep 17, 2024Close101.313Sep 23, 2024Close100.906Sep 27, 2024Close100.938Oct 3, 2024Close100.375Oct 9, 2024Close99.000Oct 16, 2024Close99.281Oct 22, 2024Close98.469Oct 28, 2024Close97.969Nov 1, 2024Close97.438Nov 7, 2024Close97.688Nov 14, 2024Close97.000Nov 20, 2024Close97.219Nov 26, 2024Close97.656Dec 3, 2024Close98.031Dec 9, 2024Close98.250Dec 13, 2024Close97.344Dec 19, 2024Close96.563Dec 26, 2024Close96.594Jan 2, 2025Close96.813Jan 8, 2025Close96.438Jan 14, 2025Close95.813Jan 21, 2025Close96.750Jan 27, 2025Close97.063Jan 31, 2025Close96.844Feb 6, 2025Close97.313Feb 12, 2025Close96.375Feb 19, 2025Close96.906Feb 25, 2025Close98.031Mar 3, 2025Close98.781Mar 7, 2025Close98.188Mar 13, 2025Close98.500Mar 19, 2025Close98.500Mar 25, 2025Close98.344Mar 31, 2025Close98.875Apr 4, 2025Close100.000Apr 10, 2025Close98.500Apr 16, 2025Close99.125Apr 23, 2025Close98.625Apr 29, 2025Close99.750May 5, 2025Close98.969May 9, 2025Close98.750May 15, 2025Close98.438May 21, 2025Close98.063May 28, 2025Close98.438Jun 3, 2025Close98.594Jun 9, 2025Close98.344Jun 13, 2025Close98.719Jun 20, 2025Close98.938Jun 26, 2025Close99.719Jul 2, 2025Close99.375Jul 9, 2025Close99.188Jul 15, 2025Close98.625Jul 21, 2025Close99.219Jul 25, 2025Close99.031Jul 31, 2025Close99.031Aug 6, 2025Close99.906Aug 12, 2025Close99.625Aug 18, 2025Close99.500Aug 22, 2025Close99.938Aug 28, 2025Close100.188Sep 4, 2025Close100.438Sep 10, 2025Close100.688Sep 16, 2025Close100.688Sep 22, 2025Close100.188Sep 26, 2025Close99.875Oct 2, 2025Close100.344Oct 8, 2025Close100.125Oct 15, 2025Close100.531Oct 21, 2025Close100.813Oct 27, 2025Close100.594Oct 31, 2025Close100.188Nov 6, 2025Close100.281Nov 13, 2025Close100.250Nov 19, 2025Close100.250Nov 25, 2025Close100.813Dec 2, 2025Close100.469Dec 8, 2025Close100.063Dec 12, 2025Close100.125Dec 18, 2025Close100.500Dec 24, 2025Close100.250Dec 31, 2025Close100.250Jan 7, 2026Close100.375Jan 13, 2026Close100.188Jan 20, 2026Close99.719Jan 26, 2026Close99.875Jan 30, 2026Close100.000Feb 5, 2026Close100.219Feb 11, 2026Close100.156Feb 18, 2026Close100.531Feb 24, 2026Close100.719Mar 2, 2026Close100.656Mar 6, 2026Close100.219Mar 12, 2026Close99.594Mar 18, 2026Close99.625Mar 24, 2026Close98.969Mar 30, 2026Close99.250Apr 3, 2026Close99.156Apr 9, 2026Close99.500Apr 15, 2026Close99.563Apr 21, 2026Close99.531Apr 27, 2026Close99.375May 1, 2026Close99.094May 7, 2026Close99.000May 13, 2026Close98.719May 19, 2026Close97.969May 26, 2026Close98.438Jun 1, 2026Close98.469Jun 5, 2026Close98.063Jun 11, 2026Close98.500Jun 17, 2026Close98.125Jun 24, 2026Close98.438Jun 30, 2026Close98.406Jul 7, 2026Close98.156Jul 13, 2026Close97.844Jul 17, 2026Close98.188Jul 23, 2026Close97.531Jul 29, 2026Close97.875Aug 4, 2026Close98.031Aug 10, 2026Close97.813Aug 14, 2026Close98.000Aug 20, 2026Close97.938Aug 26, 2026Close97.906Sep 1, 2026Close97.313Sep 8, 2026Close97.281Sep 14, 2026Close96.469Sep 18, 2026Close96.188Sep 24, 2026Close95.625Sep 30, 2026Close95.594Oct 6, 2026Close95.844Oct 13, 2026Close95.906Oct 19, 2026Close96.094Oct 23, 2026Close96.500Oct 29, 2026Close96.594Nov 4, 2026Close96.969Nov 9, 2026Close97.031
The most recent 20 trading days of prices for 91282CHJ3.
DateBidOfferClose
Nov 9, 202697.00097.03197.031
Nov 6, 202697.09497.10997.125
Nov 5, 202697.12597.15697.281
Nov 4, 202696.87596.90696.969
Nov 3, 202696.81396.84496.781
Nov 2, 202696.93896.95396.875
Oct 30, 202696.75096.76696.844
Oct 29, 202696.62596.64196.594
Oct 28, 202696.28196.29796.375
Oct 27, 202696.40696.43896.406
Oct 26, 202696.43896.46996.406
Oct 23, 202696.46996.50096.500
Oct 22, 202696.40696.43896.594
Oct 21, 202696.09496.12596.031
Oct 20, 202696.15696.17296.094
Oct 19, 202696.12596.14196.094
Oct 16, 202696.25096.28196.250
Oct 15, 202696.12596.15696.156
Oct 14, 202695.68895.71995.906
Oct 13, 202695.84495.87595.906

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 91282CHJ3.
Auction dateIssuedTypeOfferedAcceptedBid to coverHigh yield
Jun 28, 2023Jun 30, 2023New issue$35.0bn$35.0bn2.65x3.839%

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.