Treasury bond

912810FM5 · 6.25% due May 15, 2030

Original term
30-Year 3-Month
Maturity
May 15, 2030
Coupon
6.250%
Pays
Semi-Annual
Dated
Nov 15, 1999
First coupon
May 15, 2000
Priced through
Sep 9, 2026
Analyzed through
Sep 9, 2026

Statement of August 31, 2026

Amount outstanding
$17.04bn
Held stripped
$612.5m
Share stripped
3.59%

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, September 9, 2026

Yield to maturity
4.587%
Modified duration
3.220 yr
DV01
0.0346
Convexity
12.732
Dirty price
107.567

Where its rate sensitivity sits

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 6 of twelve buckets, summing to 3.291 years against a modified duration of 3.220.

Against the fitted curve

Priced 2.4 bp cheap to the curve on that day, 8.21 cents per 100 of face.

That is -1.46 standard deviations from its own typical residual.

Yield to maturity, 4,508 observations

0%1%2%3%4%5%6%Sep 2, 2008Sep 9, 2026Sep 2, 2008Yield to maturity4.392%Sep 29, 2008Yield to maturity4.258%Oct 27, 2008Yield to maturity4.399%Nov 24, 2008Yield to maturity4.014%Dec 22, 2008Yield to maturity2.907%Jan 21, 2009Yield to maturity3.490%Feb 18, 2009Yield to maturity3.774%Mar 17, 2009Yield to maturity4.004%Apr 14, 2009Yield to maturity3.725%May 11, 2009Yield to maturity4.150%Jun 8, 2009Yield to maturity4.646%Jul 6, 2009Yield to maturity4.297%Jul 31, 2009Yield to maturity4.289%Aug 27, 2009Yield to maturity4.185%Sep 24, 2009Yield to maturity4.143%Oct 22, 2009Yield to maturity4.214%Nov 19, 2009Yield to maturity4.191%Dec 17, 2009Yield to maturity4.298%Jan 15, 2010Yield to maturity4.464%Feb 12, 2010Yield to maturity4.507%Mar 12, 2010Yield to maturity4.465%Apr 8, 2010Yield to maturity4.584%May 5, 2010Yield to maturity4.215%Jun 1, 2010Yield to maturity4.012%Jun 28, 2010Yield to maturity3.805%Jul 26, 2010Yield to maturity3.803%Aug 20, 2010Yield to maturity3.363%Sep 17, 2010Yield to maturity3.571%Oct 15, 2010Yield to maturity3.582%Nov 12, 2010Yield to maturity3.828%Dec 10, 2010Yield to maturity4.164%Jan 7, 2011Yield to maturity4.212%Feb 4, 2011Yield to maturity4.477%Mar 4, 2011Yield to maturity4.303%Mar 31, 2011Yield to maturity4.252%Apr 28, 2011Yield to maturity4.131%May 25, 2011Yield to maturity3.932%Jun 22, 2011Yield to maturity3.854%Jul 20, 2011Yield to maturity3.851%Aug 16, 2011Yield to maturity3.150%Sep 13, 2011Yield to maturity2.836%Oct 11, 2011Yield to maturity2.814%Nov 7, 2011Yield to maturity2.710%Dec 6, 2011Yield to maturity2.737%Jan 4, 2012Yield to maturity2.653%Feb 1, 2012Yield to maturity2.577%Feb 29, 2012Yield to maturity2.664%Mar 27, 2012Yield to maturity2.885%Apr 23, 2012Yield to maturity2.626%May 18, 2012Yield to maturity2.306%Jun 15, 2012Yield to maturity2.193%Jul 13, 2012Yield to maturity2.102%Aug 9, 2012Yield to maturity2.302%Sep 6, 2012Yield to maturity2.297%Oct 3, 2012Yield to maturity2.294%Nov 1, 2012Yield to maturity2.375%Nov 30, 2012Yield to maturity2.240%Dec 28, 2012Yield to maturity2.338%Jan 28, 2013Yield to maturity2.630%Feb 25, 2013Yield to maturity2.551%Mar 22, 2013Yield to maturity2.595%Apr 19, 2013Yield to maturity2.340%May 16, 2013Yield to maturity2.523%Jun 13, 2013Yield to maturity2.825%Jul 11, 2013Yield to maturity3.188%Aug 7, 2013Yield to maturity3.227%Sep 4, 2013Yield to maturity3.419%Oct 1, 2013Yield to maturity3.238%Oct 29, 2013Yield to maturity3.111%Nov 26, 2013Yield to maturity3.312%Dec 24, 2013Yield to maturity3.505%Jan 23, 2014Yield to maturity3.269%Feb 20, 2014Yield to maturity3.273%Mar 19, 2014Yield to maturity3.232%Apr 15, 2014Yield to maturity3.059%May 13, 2014Yield to maturity3.012%Jun 10, 2014Yield to maturity3.048%Jul 8, 2014Yield to maturity2.960%Aug 4, 2014Yield to maturity2.881%Aug 29, 2014Yield to maturity2.684%Sep 29, 2014Yield to maturity2.814%Oct 27, 2014Yield to maturity2.594%Nov 25, 2014Yield to maturity2.553%Dec 23, 2014Yield to maturity2.481%Jan 22, 2015Yield to maturity2.138%Feb 19, 2015Yield to maturity2.425%Mar 18, 2015Yield to maturity2.194%Apr 14, 2015Yield to maturity2.171%May 11, 2015Yield to maturity2.589%Jun 8, 2015Yield to maturity2.672%Jul 6, 2015Yield to maturity2.573%Jul 31, 2015Yield to maturity2.413%Aug 27, 2015Yield to maturity2.473%Sep 24, 2015Yield to maturity2.374%Oct 22, 2015Yield to maturity2.311%Nov 19, 2015Yield to maturity2.498%Dec 17, 2015Yield to maturity2.427%Jan 15, 2016Yield to maturity2.251%Feb 12, 2016Yield to maturity1.970%Mar 11, 2016Yield to maturity2.162%Apr 8, 2016Yield to maturity1.894%May 5, 2016Yield to maturity1.941%Jun 2, 2016Yield to maturity1.959%Jun 29, 2016Yield to maturity1.632%Jul 27, 2016Yield to maturity1.630%Aug 23, 2016Yield to maturity1.668%Sep 20, 2016Yield to maturity1.835%Oct 18, 2016Yield to maturity1.897%Nov 15, 2016Yield to maturity2.385%Dec 13, 2016Yield to maturity2.627%Jan 11, 2017Yield to maturity2.473%Feb 8, 2017Yield to maturity2.445%Mar 8, 2017Yield to maturity2.670%Apr 4, 2017Yield to maturity2.453%May 2, 2017Yield to maturity2.395%May 30, 2017Yield to maturity2.325%Jun 26, 2017Yield to maturity2.222%Jul 24, 2017Yield to maturity2.348%Aug 18, 2017Yield to maturity2.289%Sep 15, 2017Yield to maturity2.275%Oct 13, 2017Yield to maturity2.325%Nov 9, 2017Yield to maturity2.370%Dec 7, 2017Yield to maturity2.419%Jan 5, 2018Yield to maturity2.493%Feb 2, 2018Yield to maturity2.852%Mar 2, 2018Yield to maturity2.904%Mar 29, 2018Yield to maturity2.763%Apr 26, 2018Yield to maturity3.013%May 23, 2018Yield to maturity3.031%Jun 20, 2018Yield to maturity2.942%Jul 18, 2018Yield to maturity2.893%Aug 14, 2018Yield to maturity2.913%Sep 11, 2018Yield to maturity2.997%Oct 9, 2018Yield to maturity3.215%Nov 5, 2018Yield to maturity3.224%Dec 4, 2018Yield to maturity2.932%Jan 3, 2019Yield to maturity2.599%Jan 31, 2019Yield to maturity2.664%Feb 28, 2019Yield to maturity2.763%Mar 27, 2019Yield to maturity2.422%Apr 24, 2019Yield to maturity2.554%May 21, 2019Yield to maturity2.457%Jun 18, 2019Yield to maturity2.080%Jul 16, 2019Yield to maturity2.140%Aug 12, 2019Yield to maturity1.645%Sep 9, 2019Yield to maturity1.639%Oct 4, 2019Yield to maturity1.526%Nov 1, 2019Yield to maturity1.727%Dec 2, 2019Yield to maturity1.829%Dec 30, 2019Yield to maturity1.892%Jan 28, 2020Yield to maturity1.629%Feb 25, 2020Yield to maturity1.318%Mar 23, 2020Yield to maturity0.834%Apr 20, 2020Yield to maturity0.646%May 15, 2020Yield to maturity0.632%Jun 12, 2020Yield to maturity0.660%Jul 10, 2020Yield to maturity0.600%Aug 6, 2020Yield to maturity0.496%Sep 2, 2020Yield to maturity0.600%Sep 30, 2020Yield to maturity0.613%Oct 28, 2020Yield to maturity0.703%Nov 25, 2020Yield to maturity0.789%Dec 23, 2020Yield to maturity0.849%Jan 22, 2021Yield to maturity0.966%Feb 19, 2021Yield to maturity1.184%Mar 18, 2021Yield to maturity1.542%Apr 14, 2021Yield to maturity1.485%May 11, 2021Yield to maturity1.464%Jun 8, 2021Yield to maturity1.378%Jul 6, 2021Yield to maturity1.242%Aug 2, 2021Yield to maturity1.058%Aug 27, 2021Yield to maturity1.174%Sep 24, 2021Yield to maturity1.333%Oct 22, 2021Yield to maturity1.530%Nov 19, 2021Yield to maturity1.439%Dec 17, 2021Yield to maturity1.329%Jan 14, 2022Yield to maturity1.708%Feb 11, 2022Yield to maturity1.903%Mar 11, 2022Yield to maturity1.980%Apr 7, 2022Yield to maturity2.684%May 5, 2022Yield to maturity3.042%Jun 2, 2022Yield to maturity2.928%Jun 30, 2022Yield to maturity3.001%Jul 28, 2022Yield to maturity2.683%Aug 24, 2022Yield to maturity3.183%Sep 21, 2022Yield to maturity3.635%Oct 19, 2022Yield to maturity4.289%Nov 16, 2022Yield to maturity3.814%Dec 14, 2022Yield to maturity3.642%Jan 12, 2023Yield to maturity3.548%Feb 9, 2023Yield to maturity3.823%Mar 9, 2023Yield to maturity4.100%Apr 5, 2023Yield to maturity3.370%May 2, 2023Yield to maturity3.470%May 30, 2023Yield to maturity3.796%Jun 27, 2023Yield to maturity3.947%Jul 25, 2023Yield to maturity4.103%Aug 21, 2023Yield to maturity4.474%Sep 18, 2023Yield to maturity4.473%Oct 16, 2023Yield to maturity4.784%Nov 10, 2023Yield to maturity4.733%Dec 8, 2023Yield to maturity4.306%Jan 8, 2024Yield to maturity4.042%Feb 5, 2024Yield to maturity4.201%Mar 4, 2024Yield to maturity4.273%Mar 29, 2024Yield to maturity4.264%Apr 25, 2024Yield to maturity4.772%May 22, 2024Yield to maturity4.504%Jun 20, 2024Yield to maturity4.294%Jul 18, 2024Yield to maturity4.157%Aug 14, 2024Yield to maturity3.728%Sep 11, 2024Yield to maturity3.523%Oct 8, 2024Yield to maturity3.917%Nov 5, 2024Yield to maturity4.221%Dec 4, 2024Yield to maturity4.128%Jan 2, 2025Yield to maturity4.425%Jan 30, 2025Yield to maturity4.357%Feb 27, 2025Yield to maturity4.154%Mar 26, 2025Yield to maturity4.135%Apr 22, 2025Yield to maturity4.038%May 19, 2025Yield to maturity4.116%Jun 16, 2025Yield to maturity4.080%Jul 15, 2025Yield to maturity4.083%Aug 11, 2025Yield to maturity3.855%Sep 8, 2025Yield to maturity3.594%Oct 3, 2025Yield to maturity3.740%Oct 31, 2025Yield to maturity3.733%Dec 1, 2025Yield to maturity3.686%Dec 29, 2025Yield to maturity3.676%Jan 27, 2026Yield to maturity3.814%Feb 24, 2026Yield to maturity3.599%Mar 23, 2026Yield to maturity3.986%Apr 17, 2026Yield to maturity3.839%May 14, 2026Yield to maturity4.136%Jun 11, 2026Yield to maturity4.183%Jul 10, 2026Yield to maturity4.313%Aug 6, 2026Yield to maturity4.377%Sep 2, 2026Yield to maturity4.523%Sep 9, 2026Yield to maturity4.587%

Price history

4,508 trading days to Sep 9, 2026

100110120130140150160170Sep 2, 2008Sep 9, 2026Sep 2, 2008Close125.813Sep 29, 2008Close127.969Oct 27, 2008Close125.594Nov 24, 2008Close131.969Dec 22, 2008Close152.969Jan 21, 2009Close141.250Feb 18, 2009Close135.938Mar 17, 2009Close131.844Apr 14, 2009Close136.656May 11, 2009Close129.250Jun 8, 2009Close121.313Jul 6, 2009Close126.719Jul 31, 2009Close126.781Aug 27, 2009Close128.406Sep 24, 2009Close129.031Oct 22, 2009Close127.813Nov 19, 2009Close128.125Dec 17, 2009Close126.344Jan 15, 2010Close123.688Feb 12, 2010Close122.969Mar 12, 2010Close123.563Apr 8, 2010Close121.719May 5, 2010Close127.344Jun 1, 2010Close130.531Jun 28, 2010Close133.875Jul 26, 2010Close133.813Aug 20, 2010Close141.375Sep 17, 2010Close137.594Oct 15, 2010Close137.313Nov 12, 2010Close133.063Dec 10, 2010Close127.594Jan 7, 2011Close126.781Feb 4, 2011Close122.719Mar 4, 2011Close125.250Mar 31, 2011Close125.969Apr 28, 2011Close127.750May 25, 2011Close130.781Jun 22, 2011Close131.938Jul 20, 2011Close131.906Aug 16, 2011Close143.625Sep 13, 2011Close149.219Oct 11, 2011Close149.469Nov 7, 2011Close151.281Dec 6, 2011Close150.594Jan 4, 2012Close152.000Feb 1, 2012Close153.281Feb 29, 2012Close151.469Mar 27, 2012Close147.250Apr 23, 2012Close151.844May 18, 2012Close157.781Jun 15, 2012Close159.813Jul 13, 2012Close161.406Aug 9, 2012Close157.281Sep 6, 2012Close157.188Oct 3, 2012Close157.063Nov 1, 2012Close155.313Nov 30, 2012Close157.656Dec 28, 2012Close155.594Jan 28, 2013Close150.031Feb 25, 2013Close151.281Mar 22, 2013Close150.313Apr 19, 2013Close154.750May 16, 2013Close151.250Jun 13, 2013Close145.813Jul 11, 2013Close139.656Aug 7, 2013Close138.906Sep 4, 2013Close135.781Oct 1, 2013Close138.469Oct 29, 2013Close140.344Nov 26, 2013Close137.063Dec 24, 2013Close134.000Jan 23, 2014Close137.438Feb 20, 2014Close137.250Mar 19, 2014Close137.750Apr 15, 2014Close140.281May 13, 2014Close140.875Jun 10, 2014Close140.156Jul 8, 2014Close141.375Aug 4, 2014Close142.469Aug 29, 2014Close145.438Sep 29, 2014Close143.188Oct 27, 2014Close146.531Nov 25, 2014Close147.000Dec 23, 2014Close147.969Jan 22, 2015Close153.438Feb 19, 2015Close148.469Mar 18, 2015Close152.063Apr 14, 2015Close152.219May 11, 2015Close145.281Jun 8, 2015Close143.813Jul 6, 2015Close145.156Jul 31, 2015Close147.469Aug 27, 2015Close146.344Sep 24, 2015Close147.688Oct 22, 2015Close148.469Nov 19, 2015Close145.375Dec 17, 2015Close146.250Jan 15, 2016Close148.719Feb 12, 2016Close152.938Mar 11, 2016Close149.656Apr 8, 2016Close153.656May 5, 2016Close152.688Jun 2, 2016Close152.156Jun 29, 2016Close157.125Jul 27, 2016Close156.875Aug 23, 2016Close156.000Sep 20, 2016Close153.094Oct 18, 2016Close151.875Nov 15, 2016Close144.375Dec 13, 2016Close140.750Jan 11, 2017Close142.688Feb 8, 2017Close142.875Mar 8, 2017Close139.563Apr 4, 2017Close142.344May 2, 2017Close142.938May 30, 2017Close143.688Jun 26, 2017Close144.906Jul 24, 2017Close142.938Aug 18, 2017Close143.531Sep 15, 2017Close143.500Oct 13, 2017Close142.594Nov 9, 2017Close141.781Dec 7, 2017Close140.938Jan 5, 2018Close139.719Feb 2, 2018Close134.969Mar 2, 2018Close134.156Mar 29, 2018Close135.719Apr 26, 2018Close132.500May 23, 2018Close132.125Jun 20, 2018Close133.000Jul 18, 2018Close133.406Aug 14, 2018Close133.000Sep 11, 2018Close131.844Oct 9, 2018Close129.188Nov 5, 2018Close128.938Dec 4, 2018Close132.063Jan 3, 2019Close135.719Jan 31, 2019Close134.750Feb 28, 2019Close133.406Mar 27, 2019Close137.156Apr 24, 2019Close135.406May 21, 2019Close136.313Jun 18, 2019Close140.500Jul 16, 2019Close139.531Aug 12, 2019Close145.219Sep 9, 2019Close145.000Oct 4, 2019Close146.094Nov 1, 2019Close143.375Dec 2, 2019Close141.875Dec 30, 2019Close140.875Jan 28, 2020Close143.625Feb 25, 2020Close147.000Mar 23, 2020Close152.563Apr 20, 2020Close154.531May 15, 2020Close154.313Jun 12, 2020Close153.563Jul 10, 2020Close153.906Aug 6, 2020Close154.813Sep 2, 2020Close153.156Sep 30, 2020Close152.594Oct 28, 2020Close151.125Nov 25, 2020Close149.719Dec 23, 2020Close148.656Jan 22, 2021Close146.906Feb 19, 2021Close144.156Mar 18, 2021Close140.063Apr 14, 2021Close140.344May 11, 2021Close140.250Jun 8, 2021Close140.813Jul 6, 2021Close141.875Aug 2, 2021Close143.438Aug 27, 2021Close141.906Sep 24, 2021Close139.969Oct 22, 2021Close137.719Nov 19, 2021Close138.281Dec 17, 2021Close139.000Jan 14, 2022Close135.094Feb 11, 2022Close133.031Mar 11, 2022Close132.063Apr 7, 2022Close125.813May 5, 2022Close122.688Jun 2, 2022Close123.406Jun 30, 2022Close122.625Jul 28, 2022Close124.938Aug 24, 2022Close120.844Sep 21, 2022Close117.313Oct 19, 2022Close112.563Nov 16, 2022Close115.750Dec 14, 2022Close116.813Jan 12, 2023Close117.313Feb 9, 2023Close115.250Mar 9, 2023Close113.250Apr 5, 2023Close118.063May 2, 2023Close117.219May 30, 2023Close114.875Jun 27, 2023Close113.750Jul 25, 2023Close112.625Aug 21, 2023Close110.219Sep 18, 2023Close110.125Oct 16, 2023Close108.188Nov 10, 2023Close108.406Dec 8, 2023Close110.813Jan 8, 2024Close112.250Feb 5, 2024Close111.188Mar 4, 2024Close110.656Mar 29, 2024Close110.594Apr 25, 2024Close107.688May 22, 2024Close109.063Jun 20, 2024Close110.094Jul 18, 2024Close110.719Aug 14, 2024Close112.938Sep 11, 2024Close113.906Oct 8, 2024Close111.625Nov 5, 2024Close109.906Dec 4, 2024Close110.250Jan 2, 2025Close108.625Jan 30, 2025Close108.844Feb 27, 2025Close109.719Mar 26, 2025Close109.688Apr 22, 2025Close110.031May 19, 2025Close109.531Jun 16, 2025Close109.563Jul 15, 2025Close109.406Aug 11, 2025Close110.313Sep 8, 2025Close111.344Oct 3, 2025Close110.531Oct 31, 2025Close110.406Dec 1, 2025Close110.438Dec 29, 2025Close110.313Jan 27, 2026Close109.563Feb 24, 2026Close110.281Mar 23, 2026Close108.563Apr 17, 2026Close109.000May 14, 2026Close107.719Jun 11, 2026Close107.406Jul 10, 2026Close106.781Aug 6, 2026Close106.438Sep 2, 2026Close105.813Sep 9, 2026Close105.563
The most recent 20 trading days of prices for 912810FM5.
DateBidOfferClose
Sep 9, 2026105.734105.563105.563
Sep 8, 2026105.922105.750105.719
Sep 4, 2026106.000105.844105.750
Sep 3, 2026106.156106.000105.938
Sep 2, 2026105.953105.781105.813
Sep 1, 2026106.047105.875105.781
Aug 31, 2026106.141105.969105.969
Aug 28, 2026106.266106.063106.000
Aug 27, 2026106.609106.438106.313
Aug 26, 2026106.609106.438106.406
Aug 25, 2026106.672106.469106.531
Aug 24, 2026106.563106.375106.313
Aug 21, 2026106.469106.281106.281
Aug 20, 2026106.625106.438106.438
Aug 19, 2026106.703106.500106.563
Aug 18, 2026106.703106.531106.531
Aug 17, 2026106.734106.563106.500
Aug 14, 2026106.797106.625106.531
Aug 13, 2026106.875106.688106.688
Aug 12, 2026106.734106.563106.500

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.

2 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.

Auction history for 912810FM5.
Auction dateIssuedTypeOfferedAcceptedBid to coverHigh yield
Feb 10, 2000Feb 15, 2000New issue$10.0bn$11.3bn1.33x6.340%
Aug 10, 2000Aug 15, 2000Reopening$5.0bn$5.8bn3.71x5.697%

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.