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, October 20, 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
9.9 bp
Index rate
4.128%
Spread duration
1.245 yr
Spread DV01
0.0126
Clean price
100.120
Accrued
0.915
Dirty price
101.036
Rate duration
0.0012 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 current margin is -1.92 standard deviations from its own typical margin.
Discount margin, 181 observations
Price history
181 trading days to Oct 20, 2026
The most recent 20 trading days of prices for 91282CPX3.
Date
Bid
Offer
Close
Oct 20, 2026
100.142
100.120
100.120
Oct 19, 2026
100.144
100.133
100.133
Oct 16, 2026
100.143
100.130
100.130
Oct 15, 2026
100.121
100.105
100.105
Oct 14, 2026
100.121
100.089
100.093
Oct 13, 2026
100.121
100.115
100.115
Oct 9, 2026
100.128
100.118
100.112
Oct 8, 2026
100.122
100.106
100.116
Oct 7, 2026
100.116
100.103
100.113
Oct 6, 2026
100.116
100.103
100.103
Oct 5, 2026
100.115
100.100
100.100
Oct 2, 2026
100.115
100.107
100.107
Oct 1, 2026
100.117
100.104
100.104
Sep 30, 2026
100.117
100.104
100.104
Sep 29, 2026
100.126
100.111
100.111
Sep 28, 2026
100.118
100.102
100.102
Sep 25, 2026
100.112
100.095
100.098
Sep 24, 2026
100.111
100.096
100.096
Sep 23, 2026
100.129
100.119
100.099
Sep 22, 2026
100.134
100.119
100.119
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.
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.