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. For an inflation-linked security the difference is mostly inflation rather than float: Treasury reports what a holder is owed today, which includes the uplift shown as the index ratio above, while the index keeps original par and carries the uplift in the price. The index figures are published per holding.
Inflation-linked measures, November 9, 2026
An inflation-linked security prices off a real curve, so its yield is a real yield, a return above inflation rather than in cash terms, and its principal is indexed. The figures below are in REAL terms unless labeled otherwise.
Real yield
2.611%
Index ratio
1.0633
Real duration
7.388 yr
DV01
0.0718
Convexity
0.615
Real clean price
96.438
Accrued (real)
0.681
Real dirty price
97.119
Indexed principal
106.331
Money clean price
102.543
The index ratio is a multiplier, not a percentage: 1.0633 means the principal is worth that many times its original face today. So the real clean price of 96.438 is not what a buyer pays , multiply by the ratio to get 102.543 per 100 of original face.
Against the fitted real curve
Priced 2.7 bp cheap to the real curve on that day, 19.69 cents per 100 of face.
That is -0.08 standard deviations from its own typical residual.
Real yield, 444 observations
Price history
444 trading days to Nov 9, 2026
The most recent 20 trading days of prices for 91282CML2.
Date
Bid
Offer
Close
Nov 9, 2026
96.500
96.531
96.438
Nov 6, 2026
96.781
96.828
96.750
Nov 5, 2026
96.750
96.797
96.938
Nov 4, 2026
96.500
96.547
96.625
Nov 3, 2026
96.719
96.766
96.625
Nov 2, 2026
97.125
97.156
96.906
Oct 30, 2026
97.031
97.047
97.063
Oct 29, 2026
96.813
96.828
96.781
Oct 28, 2026
96.406
96.438
96.438
Oct 27, 2026
96.625
96.641
96.625
Oct 26, 2026
96.563
96.578
96.500
Oct 23, 2026
96.594
96.609
96.563
Oct 22, 2026
96.313
96.344
96.719
Oct 21, 2026
95.875
95.906
95.781
Oct 20, 2026
95.781
95.813
95.750
Oct 19, 2026
95.688
95.719
95.531
Oct 16, 2026
95.875
95.922
95.938
Oct 15, 2026
95.625
95.672
95.656
Oct 14, 2026
94.844
94.875
95.156
Oct 13, 2026
94.969
95.000
94.938
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.
3 auctions
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.
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.
Free to benchmark against. Paid only to track. Measuring anything against these curves and indices is free. No license, no fee, no registration, and no permission needed to say that you did, including in a prospectus. A fee applies to one thing: launching a product that tracks an index.
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.