This security cannot be stripped, so no stripped figure exists for it rather than one that is zero. Stripping separates a coupon security into its individual interest and principal payments, which needs more than one cashflow to separate. 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.
Floating rate measures, September 10, 2026
A floating-rate note resets quarterly against the 13-week bill, so it has no yield to maturity: the cashflow schedule a yield would describe does not exist. What it has instead is a spread, the margin a buyer earns over that reference rate, and a sensitivity to that spread rather than to the level of rates.
Discount margin
0.3 bp
Spread at auction
15.9 bp
Index rate
3.806%
Spread duration
0.874 yr
Spread DV01
0.0088
Clean price
100.135
Accrued
0.460
Dirty price
100.595
Rate duration
0.0014 yr
Rate duration is almost zero, and that is the instrument rather than a missing number: because the coupon resets, the price barely moves when the level of rates moves. Spread duration is the one that matters here. It says how much the price moves if the market demands a wider margin.
Its most recent day is not scored yet. The score is written by a pass that runs separately from the measures above, so a new observation can arrive before its score does. An absent score is not evidence that a note is fairly priced.
Discount margin, 279 observations
Price history
279 trading days to Sep 10, 2026
The most recent 20 trading days of prices for 91282CNQ0.
Date
Bid
Offer
Close
Sep 10, 2026
100.140
100.131
100.135
Sep 9, 2026
100.144
100.133
100.133
Sep 8, 2026
100.139
100.129
100.129
Sep 4, 2026
100.140
100.130
100.130
Sep 3, 2026
100.140
100.129
100.131
Sep 2, 2026
100.145
100.134
100.134
Sep 1, 2026
100.141
100.130
100.130
Aug 31, 2026
100.143
100.133
100.133
Aug 28, 2026
100.143
100.131
100.131
Aug 27, 2026
100.145
100.130
100.130
Aug 26, 2026
100.144
100.130
100.121
Aug 25, 2026
100.136
100.121
100.121
Aug 24, 2026
100.140
100.120
100.120
Aug 21, 2026
100.143
100.122
100.122
Aug 20, 2026
100.136
100.124
100.124
Aug 19, 2026
100.138
100.129
100.129
Aug 18, 2026
100.138
100.129
100.129
Aug 17, 2026
100.137
100.125
100.125
Aug 14, 2026
100.142
100.130
100.130
Aug 13, 2026
100.146
100.134
100.134
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.
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.
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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.