Treasury note

91282CKV2 · 4.625% due June 15, 2027

Original term
3-Year
Maturity
Jun 15, 2027
Coupon
4.625%
Pays
Semi-Annual
Dated
Jun 15, 2024
First coupon
Dec 15, 2024
Priced through
Nov 9, 2026
Analyzed through
Nov 9, 2026

Statement of October 31, 2026

Amount outstanding
$58.50bn
Held stripped
$24.0m
Share stripped
0.04%

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
4.296%
Modified duration
0.572 yr
DV01
0.0058
Convexity
0.00613
Dirty price
102.058

Where its rate sensitivity sits

<.01
0.47
0.11
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 3 of twelve buckets, summing to 0.583 years against a modified duration of 0.572.

Against the fitted curve

Priced 2.8 bp rich to the curve on that day, 1.63 cents per 100 of face.

That is -0.70 standard deviations from its own typical residual.

Yield to maturity, 599 observations

3.25%3.50%3.75%4.00%4.25%4.50%4.75%Jun 17, 2024Nov 9, 2026Jun 17, 2024Yield to maturity4.501%Jun 21, 2024Yield to maturity4.455%Jun 26, 2024Yield to maturity4.533%Jul 1, 2024Yield to maturity4.590%Jul 5, 2024Yield to maturity4.395%Jul 10, 2024Yield to maturity4.406%Jul 15, 2024Yield to maturity4.244%Jul 18, 2024Yield to maturity4.243%Jul 23, 2024Yield to maturity4.264%Jul 26, 2024Yield to maturity4.193%Jul 31, 2024Yield to maturity4.099%Aug 5, 2024Yield to maturity3.705%Aug 8, 2024Yield to maturity3.898%Aug 13, 2024Yield to maturity3.768%Aug 16, 2024Yield to maturity3.880%Aug 21, 2024Yield to maturity3.750%Aug 26, 2024Yield to maturity3.757%Aug 29, 2024Yield to maturity3.767%Sep 4, 2024Yield to maturity3.644%Sep 9, 2024Yield to maturity3.533%Sep 12, 2024Yield to maturity3.507%Sep 17, 2024Yield to maturity3.478%Sep 20, 2024Yield to maturity3.473%Sep 25, 2024Yield to maturity3.493%Sep 30, 2024Yield to maturity3.584%Oct 3, 2024Yield to maturity3.629%Oct 8, 2024Yield to maturity3.893%Oct 11, 2024Yield to maturity3.864%Oct 17, 2024Yield to maturity3.899%Oct 22, 2024Yield to maturity3.982%Oct 25, 2024Yield to maturity4.054%Oct 30, 2024Yield to maturity4.128%Nov 4, 2024Yield to maturity4.139%Nov 7, 2024Yield to maturity4.163%Nov 13, 2024Yield to maturity4.262%Nov 18, 2024Yield to maturity4.261%Nov 21, 2024Yield to maturity4.312%Nov 26, 2024Yield to maturity4.232%Dec 2, 2024Yield to maturity4.152%Dec 5, 2024Yield to maturity4.111%Dec 10, 2024Yield to maturity4.122%Dec 13, 2024Yield to maturity4.225%Dec 18, 2024Yield to maturity4.357%Dec 23, 2024Yield to maturity4.355%Dec 27, 2024Yield to maturity4.353%Jan 2, 2025Yield to maturity4.257%Jan 7, 2025Yield to maturity4.310%Jan 10, 2025Yield to maturity4.431%Jan 15, 2025Yield to maturity4.307%Jan 21, 2025Yield to maturity4.304%Jan 24, 2025Yield to maturity4.302%Jan 29, 2025Yield to maturity4.246%Feb 3, 2025Yield to maturity4.271%Feb 6, 2025Yield to maturity4.214%Feb 11, 2025Yield to maturity4.296%Feb 14, 2025Yield to maturity4.265%Feb 20, 2025Yield to maturity4.278%Feb 25, 2025Yield to maturity4.090%Feb 28, 2025Yield to maturity3.987%Mar 5, 2025Yield to maturity3.999%Mar 10, 2025Yield to maturity3.895%Mar 13, 2025Yield to maturity3.935%Mar 18, 2025Yield to maturity4.019%Mar 21, 2025Yield to maturity3.927%Mar 26, 2025Yield to maturity4.013%Mar 31, 2025Yield to maturity3.891%Apr 3, 2025Yield to maturity3.711%Apr 8, 2025Yield to maturity3.706%Apr 11, 2025Yield to maturity3.955%Apr 16, 2025Yield to maturity3.772%Apr 22, 2025Yield to maturity3.796%Apr 25, 2025Yield to maturity3.761%Apr 30, 2025Yield to maturity3.590%May 5, 2025Yield to maturity3.830%May 8, 2025Yield to maturity3.889%May 13, 2025Yield to maturity4.009%May 16, 2025Yield to maturity3.974%May 21, 2025Yield to maturity4.003%May 27, 2025Yield to maturity3.967%May 30, 2025Yield to maturity3.915%Jun 4, 2025Yield to maturity3.880%Jun 9, 2025Yield to maturity4.005%Jun 12, 2025Yield to maturity3.905%Jun 17, 2025Yield to maturity3.950%Jun 23, 2025Yield to maturity3.829%Jun 26, 2025Yield to maturity3.727%Jul 1, 2025Yield to maturity3.803%Jul 7, 2025Yield to maturity3.914%Jul 10, 2025Yield to maturity3.894%Jul 15, 2025Yield to maturity3.973%Jul 18, 2025Yield to maturity3.900%Jul 23, 2025Yield to maturity3.897%Jul 28, 2025Yield to maturity3.944%Jul 31, 2025Yield to maturity3.975%Aug 5, 2025Yield to maturity3.744%Aug 8, 2025Yield to maturity3.773%Aug 13, 2025Yield to maturity3.699%Aug 18, 2025Yield to maturity3.798%Aug 21, 2025Yield to maturity3.812%Aug 26, 2025Yield to maturity3.699%Aug 29, 2025Yield to maturity3.655%Sep 4, 2025Yield to maturity3.632%Sep 9, 2025Yield to maturity3.588%Sep 12, 2025Yield to maturity3.599%Sep 17, 2025Yield to maturity3.557%Sep 22, 2025Yield to maturity3.624%Sep 25, 2025Yield to maturity3.694%Sep 30, 2025Yield to maturity3.649%Oct 3, 2025Yield to maturity3.604%Oct 8, 2025Yield to maturity3.618%Oct 14, 2025Yield to maturity3.513%Oct 17, 2025Yield to maturity3.484%Oct 22, 2025Yield to maturity3.479%Oct 27, 2025Yield to maturity3.529%Oct 30, 2025Yield to maturity3.642%Nov 4, 2025Yield to maturity3.615%Nov 7, 2025Yield to maturity3.586%Nov 13, 2025Yield to maturity3.620%Nov 18, 2025Yield to maturity3.612%Nov 21, 2025Yield to maturity3.542%Nov 26, 2025Yield to maturity3.535%Dec 2, 2025Yield to maturity3.568%Dec 5, 2025Yield to maturity3.601%Dec 10, 2025Yield to maturity3.553%Dec 15, 2025Yield to maturity3.523%Dec 18, 2025Yield to maturity3.474%Dec 23, 2025Yield to maturity3.550%Dec 29, 2025Yield to maturity3.472%Jan 2, 2026Yield to maturity3.481%Jan 7, 2026Yield to maturity3.497%Jan 12, 2026Yield to maturity3.553%Jan 15, 2026Yield to maturity3.570%Jan 21, 2026Yield to maturity3.603%Jan 26, 2026Yield to maturity3.593%Jan 29, 2026Yield to maturity3.564%Feb 3, 2026Yield to maturity3.577%Feb 6, 2026Yield to maturity3.495%Feb 11, 2026Yield to maturity3.536%Feb 17, 2026Yield to maturity3.475%Feb 20, 2026Yield to maturity3.536%Feb 25, 2026Yield to maturity3.529%Mar 2, 2026Yield to maturity3.543%Mar 5, 2026Yield to maturity3.636%Mar 10, 2026Yield to maturity3.625%Mar 13, 2026Yield to maturity3.743%Mar 18, 2026Yield to maturity3.763%Mar 23, 2026Yield to maturity3.884%Mar 26, 2026Yield to maturity3.984%Mar 31, 2026Yield to maturity3.818%Apr 3, 2026Yield to maturity3.863%Apr 8, 2026Yield to maturity3.803%Apr 13, 2026Yield to maturity3.794%Apr 16, 2026Yield to maturity3.789%Apr 21, 2026Yield to maturity3.751%Apr 24, 2026Yield to maturity3.741%Apr 29, 2026Yield to maturity3.849%May 4, 2026Yield to maturity3.868%May 7, 2026Yield to maturity3.834%May 12, 2026Yield to maturity3.883%May 15, 2026Yield to maturity3.904%May 20, 2026Yield to maturity3.899%May 26, 2026Yield to maturity3.919%May 29, 2026Yield to maturity3.910%Jun 3, 2026Yield to maturity3.967%Jun 8, 2026Yield to maturity3.991%Jun 11, 2026Yield to maturity3.954%Jun 16, 2026Yield to maturity3.945%Jun 22, 2026Yield to maturity4.130%Jun 25, 2026Yield to maturity4.060%Jun 30, 2026Yield to maturity4.118%Jul 6, 2026Yield to maturity4.041%Jul 9, 2026Yield to maturity4.070%Jul 14, 2026Yield to maturity4.061%Jul 17, 2026Yield to maturity4.052%Jul 22, 2026Yield to maturity4.154%Jul 27, 2026Yield to maturity4.183%Jul 30, 2026Yield to maturity4.105%Aug 4, 2026Yield to maturity4.097%Aug 7, 2026Yield to maturity4.050%Aug 12, 2026Yield to maturity4.045%Aug 17, 2026Yield to maturity3.996%Aug 20, 2026Yield to maturity3.990%Aug 25, 2026Yield to maturity4.019%Aug 28, 2026Yield to maturity4.170%Sep 2, 2026Yield to maturity4.166%Sep 8, 2026Yield to maturity4.156%Sep 11, 2026Yield to maturity4.275%Sep 16, 2026Yield to maturity4.357%Sep 21, 2026Yield to maturity4.396%Sep 24, 2026Yield to maturity4.482%Sep 29, 2026Yield to maturity4.480%Oct 2, 2026Yield to maturity4.385%Oct 7, 2026Yield to maturity4.382%Oct 13, 2026Yield to maturity4.377%Oct 16, 2026Yield to maturity4.421%Oct 21, 2026Yield to maturity4.419%Oct 26, 2026Yield to maturity4.364%Oct 29, 2026Yield to maturity4.361%Nov 3, 2026Yield to maturity4.304%Nov 6, 2026Yield to maturity4.298%Nov 9, 2026Yield to maturity4.296%

Price history

599 trading days to Nov 9, 2026

100.0100.5101.0101.5102.0102.5103.0103.5Jun 17, 2024Nov 9, 2026Jun 17, 2024Close100.344Jun 21, 2024Close100.469Jun 26, 2024Close100.250Jul 1, 2024Close100.094Jul 5, 2024Close100.625Jul 10, 2024Close100.594Jul 15, 2024Close101.031Jul 18, 2024Close101.031Jul 23, 2024Close100.969Jul 26, 2024Close101.156Jul 31, 2024Close101.406Aug 5, 2024Close102.469Aug 8, 2024Close101.938Aug 13, 2024Close102.281Aug 16, 2024Close101.969Aug 21, 2024Close102.313Aug 26, 2024Close102.281Aug 29, 2024Close102.250Sep 4, 2024Close102.563Sep 9, 2024Close102.844Sep 12, 2024Close102.906Sep 17, 2024Close102.969Sep 20, 2024Close102.969Sep 25, 2024Close102.906Sep 30, 2024Close102.656Oct 3, 2024Close102.531Oct 8, 2024Close101.844Oct 11, 2024Close101.906Oct 17, 2024Close101.813Oct 22, 2024Close101.594Oct 25, 2024Close101.406Oct 30, 2024Close101.219Nov 4, 2024Close101.188Nov 7, 2024Close101.125Nov 13, 2024Close100.875Nov 18, 2024Close100.875Nov 21, 2024Close100.750Nov 26, 2024Close100.938Dec 2, 2024Close101.125Dec 5, 2024Close101.219Dec 10, 2024Close101.188Dec 13, 2024Close100.938Dec 18, 2024Close100.625Dec 23, 2024Close100.625Dec 27, 2024Close100.625Jan 2, 2025Close100.844Jan 7, 2025Close100.719Jan 10, 2025Close100.438Jan 15, 2025Close100.719Jan 21, 2025Close100.719Jan 24, 2025Close100.719Jan 29, 2025Close100.844Feb 3, 2025Close100.781Feb 6, 2025Close100.906Feb 11, 2025Close100.719Feb 14, 2025Close100.781Feb 20, 2025Close100.750Feb 25, 2025Close101.156Feb 28, 2025Close101.375Mar 5, 2025Close101.344Mar 10, 2025Close101.563Mar 13, 2025Close101.469Mar 18, 2025Close101.281Mar 21, 2025Close101.469Mar 26, 2025Close101.281Mar 31, 2025Close101.531Apr 3, 2025Close101.906Apr 8, 2025Close101.906Apr 11, 2025Close101.375Apr 16, 2025Close101.750Apr 22, 2025Close101.688Apr 25, 2025Close101.750Apr 30, 2025Close102.094May 5, 2025Close101.594May 8, 2025Close101.469May 13, 2025Close101.219May 16, 2025Close101.281May 21, 2025Close101.219May 27, 2025Close101.281May 30, 2025Close101.375Jun 4, 2025Close101.438Jun 9, 2025Close101.188Jun 12, 2025Close101.375Jun 17, 2025Close101.281Jun 23, 2025Close101.500Jun 26, 2025Close101.688Jul 1, 2025Close101.531Jul 7, 2025Close101.313Jul 10, 2025Close101.344Jul 15, 2025Close101.188Jul 18, 2025Close101.313Jul 23, 2025Close101.313Jul 28, 2025Close101.219Jul 31, 2025Close101.156Aug 5, 2025Close101.563Aug 8, 2025Close101.500Aug 13, 2025Close101.625Aug 18, 2025Close101.438Aug 21, 2025Close101.406Aug 26, 2025Close101.594Aug 29, 2025Close101.656Sep 4, 2025Close101.688Sep 9, 2025Close101.750Sep 12, 2025Close101.719Sep 17, 2025Close101.781Sep 22, 2025Close101.656Sep 25, 2025Close101.531Sep 30, 2025Close101.594Oct 3, 2025Close101.656Oct 8, 2025Close101.625Oct 14, 2025Close101.781Oct 17, 2025Close101.813Oct 22, 2025Close101.813Oct 27, 2025Close101.719Oct 30, 2025Close101.531Nov 4, 2025Close101.563Nov 7, 2025Close101.594Nov 13, 2025Close101.531Nov 18, 2025Close101.531Nov 21, 2025Close101.625Nov 26, 2025Close101.625Dec 2, 2025Close101.563Dec 5, 2025Close101.500Dec 10, 2025Close101.563Dec 15, 2025Close101.594Dec 18, 2025Close101.656Dec 23, 2025Close101.531Dec 29, 2025Close101.625Jan 2, 2026Close101.594Jan 7, 2026Close101.563Jan 12, 2026Close101.469Jan 15, 2026Close101.438Jan 21, 2026Close101.375Jan 26, 2026Close101.375Jan 29, 2026Close101.406Feb 3, 2026Close101.375Feb 6, 2026Close101.469Feb 11, 2026Close101.406Feb 17, 2026Close101.469Feb 20, 2026Close101.375Feb 25, 2026Close101.375Mar 2, 2026Close101.344Mar 5, 2026Close101.219Mar 10, 2026Close101.219Mar 13, 2026Close101.063Mar 18, 2026Close101.031Mar 23, 2026Close100.875Mar 26, 2026Close100.750Mar 31, 2026Close100.938Apr 3, 2026Close100.875Apr 8, 2026Close100.938Apr 13, 2026Close100.938Apr 16, 2026Close100.938Apr 21, 2026Close100.969Apr 24, 2026Close100.969Apr 29, 2026Close100.844May 4, 2026Close100.813May 7, 2026Close100.844May 12, 2026Close100.781May 15, 2026Close100.750May 20, 2026Close100.750May 26, 2026Close100.719May 29, 2026Close100.719Jun 3, 2026Close100.656Jun 8, 2026Close100.625Jun 11, 2026Close100.656Jun 16, 2026Close100.656Jun 22, 2026Close100.469Jun 25, 2026Close100.531Jun 30, 2026Close100.469Jul 6, 2026Close100.531Jul 9, 2026Close100.500Jul 14, 2026Close100.500Jul 17, 2026Close100.500Jul 22, 2026Close100.406Jul 27, 2026Close100.375Jul 30, 2026Close100.438Aug 4, 2026Close100.438Aug 7, 2026Close100.469Aug 12, 2026Close100.469Aug 17, 2026Close100.500Aug 20, 2026Close100.500Aug 25, 2026Close100.469Aug 28, 2026Close100.344Sep 2, 2026Close100.344Sep 8, 2026Close100.344Sep 11, 2026Close100.250Sep 16, 2026Close100.188Sep 21, 2026Close100.156Sep 24, 2026Close100.094Sep 29, 2026Close100.094Oct 2, 2026Close100.156Oct 7, 2026Close100.156Oct 13, 2026Close100.156Oct 16, 2026Close100.125Oct 21, 2026Close100.125Oct 26, 2026Close100.156Oct 29, 2026Close100.156Nov 3, 2026Close100.188Nov 6, 2026Close100.188Nov 9, 2026Close100.188
The most recent 20 trading days of prices for 91282CKV2.
DateBidOfferClose
Nov 9, 2026100.188100.219100.188
Nov 6, 2026100.188100.219100.188
Nov 5, 2026100.188100.219100.219
Nov 4, 2026100.188100.203100.188
Nov 3, 2026100.188100.203100.188
Nov 2, 2026100.188100.203100.188
Oct 30, 2026100.188100.203100.188
Oct 29, 2026100.188100.203100.156
Oct 28, 2026100.125100.156100.156
Oct 27, 2026100.156100.172100.156
Oct 26, 2026100.156100.172100.156
Oct 23, 2026100.156100.172100.156
Oct 22, 2026100.156100.172100.188
Oct 21, 2026100.156100.156100.125
Oct 20, 2026100.156100.156100.125
Oct 19, 2026100.125100.156100.125
Oct 16, 2026100.156100.172100.125
Oct 15, 2026100.125100.156100.125
Oct 14, 2026100.094100.109100.125
Oct 13, 2026100.156100.172100.156

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 91282CKV2.
Auction dateIssuedTypeOfferedAcceptedBid to coverHigh yield
Jun 10, 2024Jun 17, 2024New issue$58.0bn$59.9bn2.43x4.659%

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.