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 30, 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
3.2 bp
Spread at auction
10.3 bp
Index rate
4.153%
Spread duration
1.532 yr
Spread DV01
0.0154
Clean price
100.106
Accrued
0.682
Dirty price
100.788
Rate duration
0.0015 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 -1.37 standard deviations from its own typical margin.
Discount margin, 106 observations
Price history
106 trading days to Sep 30, 2026
The most recent 20 trading days of prices for 91282CQM6.
Date
Bid
Offer
Close
Sep 30, 2026
100.116
100.106
100.106
Sep 29, 2026
100.114
100.107
100.107
Sep 28, 2026
100.113
100.103
100.103
Sep 25, 2026
100.105
100.095
100.095
Sep 24, 2026
100.107
100.096
100.096
Sep 23, 2026
100.143
100.131
100.100
Sep 22, 2026
100.139
100.131
100.131
Sep 21, 2026
100.148
100.135
100.132
Sep 18, 2026
100.144
100.136
100.136
Sep 17, 2026
100.148
100.140
100.140
Sep 16, 2026
100.145
100.137
100.133
Sep 15, 2026
100.125
100.117
100.121
Sep 14, 2026
100.116
100.106
100.110
Sep 11, 2026
100.104
100.094
100.106
Sep 10, 2026
100.098
100.090
100.090
Sep 9, 2026
100.094
100.089
100.089
Sep 8, 2026
100.091
100.083
100.087
Sep 4, 2026
100.089
100.083
100.083
Sep 3, 2026
100.087
100.079
100.083
Sep 2, 2026
100.094
100.088
100.088
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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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.