Treasury note

91282CJG7 · 4.875% due October 31, 2030

Original term
7-Year
Maturity
Oct 31, 2030
Coupon
4.875%
Pays
Semi-Annual
Dated
Oct 31, 2023
First coupon
Apr 30, 2024
Priced through
Sep 30, 2026
Analyzed through
Sep 30, 2026

Statement of August 31, 2026

Amount outstanding
$37.23bn
Held stripped
$10.6m
Share stripped
0.03%

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 30, 2026

Yield to maturity
5.062%
Modified duration
3.584 yr
DV01
0.0363
Convexity
0.155
Dirty price
101.353

Where its rate sensitivity sits

<.01
0.01
0.04
0.09
1.69
1.84
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 3.673 years against a modified duration of 3.584.

Against the fitted curve

Priced 1.2 bp rich to the curve on that day, 4.30 cents per 100 of face.

That is -1.65 standard deviations from its own typical residual.

Yield to maturity, 731 observations

3.00%3.50%4.00%4.50%5.00%5.50%Oct 31, 2023Sep 30, 2026Oct 31, 2023Yield to maturity4.891%Nov 6, 2023Yield to maturity4.658%Nov 10, 2023Yield to maturity4.678%Nov 16, 2023Yield to maturity4.468%Nov 22, 2023Yield to maturity4.462%Nov 29, 2023Yield to maturity4.290%Dec 5, 2023Yield to maturity4.201%Dec 11, 2023Yield to maturity4.282%Dec 15, 2023Yield to maturity3.937%Dec 21, 2023Yield to maturity3.910%Dec 28, 2023Yield to maturity3.867%Jan 4, 2024Yield to maturity4.002%Jan 10, 2024Yield to maturity4.026%Jan 17, 2024Yield to maturity4.076%Jan 23, 2024Yield to maturity4.111%Jan 29, 2024Yield to maturity4.036%Feb 2, 2024Yield to maturity4.029%Feb 8, 2024Yield to maturity4.164%Feb 14, 2024Yield to maturity4.289%Feb 21, 2024Yield to maturity4.347%Feb 27, 2024Yield to maturity4.351%Mar 4, 2024Yield to maturity4.248%Mar 8, 2024Yield to maturity4.088%Mar 14, 2024Yield to maturity4.321%Mar 20, 2024Yield to maturity4.283%Mar 26, 2024Yield to maturity4.254%Apr 1, 2024Yield to maturity4.356%Apr 5, 2024Yield to maturity4.409%Apr 11, 2024Yield to maturity4.618%Apr 17, 2024Yield to maturity4.623%Apr 23, 2024Yield to maturity4.628%Apr 29, 2024Yield to maturity4.656%May 3, 2024Yield to maturity4.499%May 9, 2024Yield to maturity4.471%May 15, 2024Yield to maturity4.359%May 21, 2024Yield to maturity4.430%May 28, 2024Yield to maturity4.579%Jun 3, 2024Yield to maturity4.427%Jun 7, 2024Yield to maturity4.454%Jun 13, 2024Yield to maturity4.242%Jun 20, 2024Yield to maturity4.263%Jun 26, 2024Yield to maturity4.339%Jul 2, 2024Yield to maturity4.411%Jul 9, 2024Yield to maturity4.258%Jul 15, 2024Yield to maturity4.162%Jul 19, 2024Yield to maturity4.188%Jul 25, 2024Yield to maturity4.187%Jul 31, 2024Yield to maturity3.996%Aug 6, 2024Yield to maturity3.779%Aug 12, 2024Yield to maturity3.793%Aug 16, 2024Yield to maturity3.801%Aug 22, 2024Yield to maturity3.761%Aug 28, 2024Yield to maturity3.725%Sep 4, 2024Yield to maturity3.634%Sep 10, 2024Yield to maturity3.505%Sep 16, 2024Yield to maturity3.486%Sep 20, 2024Yield to maturity3.565%Sep 26, 2024Yield to maturity3.624%Oct 2, 2024Yield to maturity3.616%Oct 8, 2024Yield to maturity3.916%Oct 15, 2024Yield to maturity3.908%Oct 21, 2024Yield to maturity4.038%Oct 25, 2024Yield to maturity4.122%Oct 31, 2024Yield to maturity4.197%Nov 6, 2024Yield to maturity4.336%Nov 13, 2024Yield to maturity4.352%Nov 19, 2024Yield to maturity4.297%Nov 25, 2024Yield to maturity4.201%Dec 2, 2024Yield to maturity4.123%Dec 6, 2024Yield to maturity4.074%Dec 12, 2024Yield to maturity4.226%Dec 18, 2024Yield to maturity4.428%Dec 24, 2024Yield to maturity4.493%Dec 31, 2024Yield to maturity4.437%Jan 7, 2025Yield to maturity4.516%Jan 13, 2025Yield to maturity4.662%Jan 17, 2025Yield to maturity4.464%Jan 24, 2025Yield to maturity4.488%Jan 30, 2025Yield to maturity4.365%Feb 5, 2025Yield to maturity4.290%Feb 11, 2025Yield to maturity4.417%Feb 18, 2025Yield to maturity4.447%Feb 24, 2025Yield to maturity4.279%Feb 28, 2025Yield to maturity4.088%Mar 6, 2025Yield to maturity4.129%Mar 12, 2025Yield to maturity4.140%Mar 18, 2025Yield to maturity4.125%Mar 24, 2025Yield to maturity4.148%Mar 28, 2025Yield to maturity4.042%Apr 3, 2025Yield to maturity3.807%Apr 9, 2025Yield to maturity4.119%Apr 15, 2025Yield to maturity4.048%Apr 21, 2025Yield to maturity4.046%Apr 25, 2025Yield to maturity3.957%May 1, 2025Yield to maturity3.887%May 7, 2025Yield to maturity3.934%May 13, 2025Yield to maturity4.183%May 19, 2025Yield to maturity4.124%May 23, 2025Yield to maturity4.154%May 30, 2025Yield to maturity4.037%Jun 5, 2025Yield to maturity4.055%Jun 11, 2025Yield to maturity4.065%Jun 17, 2025Yield to maturity4.038%Jun 24, 2025Yield to maturity3.907%Jun 30, 2025Yield to maturity3.835%Jul 7, 2025Yield to maturity4.004%Jul 11, 2025Yield to maturity4.034%Jul 17, 2025Yield to maturity4.045%Jul 23, 2025Yield to maturity3.978%Jul 29, 2025Yield to maturity3.937%Aug 4, 2025Yield to maturity3.779%Aug 8, 2025Yield to maturity3.860%Aug 14, 2025Yield to maturity3.852%Aug 20, 2025Yield to maturity3.836%Aug 26, 2025Yield to maturity3.775%Sep 2, 2025Yield to maturity3.778%Sep 8, 2025Yield to maturity3.599%Sep 12, 2025Yield to maturity3.654%Sep 18, 2025Yield to maturity3.691%Sep 24, 2025Yield to maturity3.740%Sep 30, 2025Yield to maturity3.757%Oct 6, 2025Yield to maturity3.767%Oct 10, 2025Yield to maturity3.664%Oct 17, 2025Yield to maturity3.608%Oct 23, 2025Yield to maturity3.625%Oct 29, 2025Yield to maturity3.722%Nov 4, 2025Yield to maturity3.705%Nov 10, 2025Yield to maturity3.721%Nov 17, 2025Yield to maturity3.724%Nov 21, 2025Yield to maturity3.626%Nov 28, 2025Yield to maturity3.608%Dec 4, 2025Yield to maturity3.687%Dec 10, 2025Yield to maturity3.724%Dec 16, 2025Yield to maturity3.693%Dec 22, 2025Yield to maturity3.717%Dec 29, 2025Yield to maturity3.665%Jan 5, 2026Yield to maturity3.695%Jan 9, 2026Yield to maturity3.747%Jan 15, 2026Yield to maturity3.759%Jan 22, 2026Yield to maturity3.839%Jan 28, 2026Yield to maturity3.822%Feb 3, 2026Yield to maturity3.811%Feb 9, 2026Yield to maturity3.723%Feb 13, 2026Yield to maturity3.584%Feb 20, 2026Yield to maturity3.637%Feb 26, 2026Yield to maturity3.570%Mar 4, 2026Yield to maturity3.666%Mar 10, 2026Yield to maturity3.720%Mar 16, 2026Yield to maturity3.796%Mar 20, 2026Yield to maturity4.012%Mar 26, 2026Yield to maturity4.098%Apr 1, 2026Yield to maturity3.955%Apr 7, 2026Yield to maturity3.945%Apr 13, 2026Yield to maturity3.905%Apr 17, 2026Yield to maturity3.836%Apr 23, 2026Yield to maturity3.952%Apr 29, 2026Yield to maturity4.040%May 5, 2026Yield to maturity4.059%May 11, 2026Yield to maturity4.064%May 15, 2026Yield to maturity4.252%May 21, 2026Yield to maturity4.235%May 28, 2026Yield to maturity4.148%Jun 3, 2026Yield to maturity4.207%Jun 9, 2026Yield to maturity4.251%Jun 15, 2026Yield to maturity4.179%Jun 22, 2026Yield to maturity4.294%Jun 26, 2026Yield to maturity4.127%Jul 2, 2026Yield to maturity4.226%Jul 9, 2026Yield to maturity4.256%Jul 15, 2026Yield to maturity4.238%Jul 21, 2026Yield to maturity4.355%Jul 27, 2026Yield to maturity4.394%Jul 31, 2026Yield to maturity4.424%Aug 6, 2026Yield to maturity4.375%Aug 12, 2026Yield to maturity4.349%Aug 18, 2026Yield to maturity4.339%Aug 24, 2026Yield to maturity4.378%Aug 28, 2026Yield to maturity4.466%Sep 3, 2026Yield to maturity4.490%Sep 10, 2026Yield to maturity4.714%Sep 16, 2026Yield to maturity4.857%Sep 22, 2026Yield to maturity4.840%Sep 28, 2026Yield to maturity5.062%Sep 30, 2026Yield to maturity5.062%

Price history

731 trading days to Sep 30, 2026

98100102104106108Oct 31, 2023Sep 30, 2026Oct 31, 2023Close99.906Nov 6, 2023Close101.281Nov 10, 2023Close101.156Nov 16, 2023Close102.406Nov 22, 2023Close102.438Nov 29, 2023Close103.469Dec 5, 2023Close104.000Dec 11, 2023Close103.500Dec 15, 2023Close105.594Dec 21, 2023Close105.750Dec 28, 2023Close106.000Jan 4, 2024Close105.156Jan 10, 2024Close105.000Jan 17, 2024Close104.688Jan 23, 2024Close104.469Jan 29, 2024Close104.906Feb 2, 2024Close104.938Feb 8, 2024Close104.125Feb 14, 2024Close103.375Feb 21, 2024Close103.031Feb 27, 2024Close103.000Mar 4, 2024Close103.594Mar 8, 2024Close104.531Mar 14, 2024Close103.156Mar 20, 2024Close103.375Mar 26, 2024Close103.531Apr 1, 2024Close102.938Apr 5, 2024Close102.625Apr 11, 2024Close101.438Apr 17, 2024Close101.406Apr 23, 2024Close101.375Apr 29, 2024Close101.219May 3, 2024Close102.094May 9, 2024Close102.250May 15, 2024Close102.875May 21, 2024Close102.469May 28, 2024Close101.625Jun 3, 2024Close102.469Jun 7, 2024Close102.313Jun 13, 2024Close103.500Jun 20, 2024Close103.375Jun 26, 2024Close102.938Jul 2, 2024Close102.531Jul 9, 2024Close103.375Jul 15, 2024Close103.906Jul 19, 2024Close103.750Jul 25, 2024Close103.750Jul 31, 2024Close104.813Aug 6, 2024Close106.031Aug 12, 2024Close105.938Aug 16, 2024Close105.875Aug 22, 2024Close106.094Aug 28, 2024Close106.281Sep 4, 2024Close106.781Sep 10, 2024Close107.500Sep 16, 2024Close107.594Sep 20, 2024Close107.125Sep 26, 2024Close106.781Oct 2, 2024Close106.813Oct 8, 2024Close105.125Oct 15, 2024Close105.156Oct 21, 2024Close104.438Oct 25, 2024Close103.969Oct 31, 2024Close103.563Nov 6, 2024Close102.813Nov 13, 2024Close102.719Nov 19, 2024Close103.000Nov 25, 2024Close103.500Dec 2, 2024Close103.906Dec 6, 2024Close104.156Dec 12, 2024Close103.344Dec 18, 2024Close102.281Dec 24, 2024Close101.938Dec 31, 2024Close102.219Jan 7, 2025Close101.813Jan 13, 2025Close101.063Jan 17, 2025Close102.063Jan 24, 2025Close101.938Jan 30, 2025Close102.563Feb 5, 2025Close102.938Feb 11, 2025Close102.281Feb 18, 2025Close102.125Feb 24, 2025Close102.969Feb 28, 2025Close103.938Mar 6, 2025Close103.719Mar 12, 2025Close103.656Mar 18, 2025Close103.719Mar 24, 2025Close103.594Mar 28, 2025Close104.125Apr 3, 2025Close105.313Apr 9, 2025Close103.719Apr 15, 2025Close104.063Apr 21, 2025Close104.063Apr 25, 2025Close104.500May 1, 2025Close104.844May 7, 2025Close104.594May 13, 2025Close103.344May 19, 2025Close103.625May 23, 2025Close103.469May 30, 2025Close104.031Jun 5, 2025Close103.938Jun 11, 2025Close103.875Jun 17, 2025Close104.000Jun 24, 2025Close104.625Jun 30, 2025Close104.969Jul 7, 2025Close104.125Jul 11, 2025Close103.969Jul 17, 2025Close103.906Jul 23, 2025Close104.219Jul 29, 2025Close104.406Aug 4, 2025Close105.156Aug 8, 2025Close104.750Aug 14, 2025Close104.781Aug 20, 2025Close104.844Aug 26, 2025Close105.125Sep 2, 2025Close105.094Sep 8, 2025Close105.938Sep 12, 2025Close105.656Sep 18, 2025Close105.469Sep 24, 2025Close105.219Sep 30, 2025Close105.125Oct 6, 2025Close105.063Oct 10, 2025Close105.531Oct 17, 2025Close105.781Oct 23, 2025Close105.688Oct 29, 2025Close105.219Nov 4, 2025Close105.281Nov 10, 2025Close105.188Nov 17, 2025Close105.156Nov 21, 2025Close105.594Nov 28, 2025Close105.656Dec 4, 2025Close105.281Dec 10, 2025Close105.094Dec 16, 2025Close105.219Dec 22, 2025Close105.094Dec 29, 2025Close105.313Jan 5, 2026Close105.156Jan 9, 2026Close104.906Jan 15, 2026Close104.844Jan 22, 2026Close104.469Jan 28, 2026Close104.531Feb 3, 2026Close104.563Feb 9, 2026Close104.938Feb 13, 2026Close105.531Feb 20, 2026Close105.281Feb 26, 2026Close105.563Mar 4, 2026Close105.125Mar 10, 2026Close104.875Mar 16, 2026Close104.531Mar 20, 2026Close103.594Mar 26, 2026Close103.219Apr 1, 2026Close103.813Apr 7, 2026Close103.844Apr 13, 2026Close104.000Apr 17, 2026Close104.281Apr 23, 2026Close103.781Apr 29, 2026Close103.406May 5, 2026Close103.313May 11, 2026Close103.281May 15, 2026Close102.500May 21, 2026Close102.563May 28, 2026Close102.906Jun 3, 2026Close102.656Jun 9, 2026Close102.469Jun 15, 2026Close102.750Jun 22, 2026Close102.281Jun 26, 2026Close102.938Jul 2, 2026Close102.531Jul 9, 2026Close102.406Jul 15, 2026Close102.469Jul 21, 2026Close102.000Jul 27, 2026Close101.844Jul 31, 2026Close101.719Aug 6, 2026Close101.906Aug 12, 2026Close102.000Aug 18, 2026Close102.031Aug 24, 2026Close101.875Aug 28, 2026Close101.531Sep 3, 2026Close101.438Sep 10, 2026Close100.594Sep 16, 2026Close100.063Sep 22, 2026Close100.125Sep 28, 2026Close99.313Sep 30, 2026Close99.313
The most recent 20 trading days of prices for 91282CJG7.
DateBidOfferClose
Sep 30, 202699.42299.40699.313
Sep 29, 202699.21999.18899.375
Sep 28, 202699.29799.28199.313
Sep 25, 202699.48499.46999.625
Sep 24, 202699.46999.43899.406
Sep 23, 202699.70399.68899.531
Sep 22, 2026100.141100.125100.125
Sep 21, 2026100.172100.156100.125
Sep 18, 2026100.078100.063100.031
Sep 17, 2026100.328100.313100.344
Sep 16, 2026100.453100.438100.063
Sep 15, 2026100.297100.281100.250
Sep 14, 2026100.406100.375100.344
Sep 11, 2026100.547100.531100.406
Sep 10, 2026100.703100.688100.594
Sep 9, 2026101.109101.094101.094
Sep 8, 2026101.297101.281101.250
Sep 4, 2026101.375101.344101.313
Sep 3, 2026101.547101.531101.438
Sep 2, 2026101.328101.313101.313

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 91282CJG7.
Auction dateIssuedTypeOfferedAcceptedBid to coverHigh yield
Oct 26, 2023Oct 31, 2023New issue$38.0bn$38.0bn2.70x4.908%

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.