Treasury bond

912810QW1 · 3% due May 15, 2042

Original term
30-Year
Maturity
May 15, 2042
Coupon
3.000%
Pays
Semi-Annual
Dated
May 15, 2012
First coupon
Nov 15, 2012
Priced through
Sep 9, 2026
Analyzed through
Sep 9, 2026

Statement of August 31, 2026

Amount outstanding
$43.92bn
Held stripped
$1.07bn
Share stripped
2.43%

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
5.198%
Modified duration
11.637 yr
DV01
0.0903
Convexity
167.467
Dirty price
77.587

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 10 of twelve buckets, summing to 11.866 years against a modified duration of 11.637.

Against the fitted curve

Priced 1.3 bp cheap to the curve on that day, 11.46 cents per 100 of face.

That is -0.99 standard deviations from its own typical residual.

Yield to maturity, 3,580 observations

1%2%3%4%5%6%May 15, 2012Sep 9, 2026May 15, 2012Yield to maturity2.914%Jun 6, 2012Yield to maturity2.725%Jun 27, 2012Yield to maturity2.698%Jul 19, 2012Yield to maturity2.615%Aug 9, 2012Yield to maturity2.757%Aug 30, 2012Yield to maturity2.731%Sep 21, 2012Yield to maturity2.936%Oct 15, 2012Yield to maturity2.831%Nov 6, 2012Yield to maturity2.903%Nov 29, 2012Yield to maturity2.769%Dec 20, 2012Yield to maturity2.954%Jan 14, 2013Yield to maturity3.022%Feb 5, 2013Yield to maturity3.188%Feb 27, 2013Yield to maturity3.100%Mar 20, 2013Yield to maturity3.180%Apr 11, 2013Yield to maturity2.998%May 2, 2013Yield to maturity2.816%May 23, 2013Yield to maturity3.176%Jun 14, 2013Yield to maturity3.284%Jul 8, 2013Yield to maturity3.621%Jul 29, 2013Yield to maturity3.645%Aug 19, 2013Yield to maturity3.916%Sep 10, 2013Yield to maturity3.901%Oct 1, 2013Yield to maturity3.734%Oct 23, 2013Yield to maturity3.598%Nov 14, 2013Yield to maturity3.803%Dec 6, 2013Yield to maturity3.914%Dec 30, 2013Yield to maturity3.911%Jan 22, 2014Yield to maturity3.759%Feb 12, 2014Yield to maturity3.730%Mar 6, 2014Yield to maturity3.682%Mar 27, 2014Yield to maturity3.513%Apr 17, 2014Yield to maturity3.504%May 9, 2014Yield to maturity3.438%Jun 2, 2014Yield to maturity3.350%Jun 23, 2014Yield to maturity3.419%Jul 15, 2014Yield to maturity3.345%Aug 5, 2014Yield to maturity3.256%Aug 26, 2014Yield to maturity3.134%Sep 18, 2014Yield to maturity3.346%Oct 9, 2014Yield to maturity3.047%Oct 31, 2014Yield to maturity3.057%Nov 25, 2014Yield to maturity2.958%Dec 17, 2014Yield to maturity2.722%Jan 9, 2015Yield to maturity2.529%Feb 2, 2015Yield to maturity2.239%Feb 24, 2015Yield to maturity2.585%Mar 17, 2015Yield to maturity2.602%Apr 7, 2015Yield to maturity2.508%Apr 28, 2015Yield to maturity2.671%May 19, 2015Yield to maturity3.058%Jun 10, 2015Yield to maturity3.227%Jul 1, 2015Yield to maturity3.213%Jul 23, 2015Yield to maturity2.968%Aug 13, 2015Yield to maturity2.842%Sep 3, 2015Yield to maturity2.949%Sep 25, 2015Yield to maturity2.940%Oct 19, 2015Yield to maturity2.847%Nov 9, 2015Yield to maturity3.078%Dec 2, 2015Yield to maturity2.868%Dec 23, 2015Yield to maturity2.952%Jan 15, 2016Yield to maturity2.748%Feb 8, 2016Yield to maturity2.495%Mar 1, 2016Yield to maturity2.619%Mar 22, 2016Yield to maturity2.646%Apr 13, 2016Yield to maturity2.507%May 4, 2016Yield to maturity2.560%May 25, 2016Yield to maturity2.595%Jun 16, 2016Yield to maturity2.293%Jul 8, 2016Yield to maturity2.021%Jul 29, 2016Yield to maturity2.093%Aug 19, 2016Yield to maturity2.212%Sep 12, 2016Yield to maturity2.334%Oct 3, 2016Yield to maturity2.276%Oct 25, 2016Yield to maturity2.445%Nov 16, 2016Yield to maturity2.885%Dec 8, 2016Yield to maturity3.076%Dec 30, 2016Yield to maturity3.055%Jan 24, 2017Yield to maturity3.023%Feb 14, 2017Yield to maturity3.052%Mar 8, 2017Yield to maturity3.133%Mar 29, 2017Yield to maturity2.973%Apr 20, 2017Yield to maturity2.866%May 11, 2017Yield to maturity3.005%Jun 2, 2017Yield to maturity2.761%Jun 23, 2017Yield to maturity2.675%Jul 17, 2017Yield to maturity2.845%Aug 7, 2017Yield to maturity2.787%Aug 28, 2017Yield to maturity2.702%Sep 19, 2017Yield to maturity2.753%Oct 11, 2017Yield to maturity2.816%Nov 1, 2017Yield to maturity2.797%Nov 22, 2017Yield to maturity2.707%Dec 14, 2017Yield to maturity2.666%Jan 8, 2018Yield to maturity2.771%Jan 30, 2018Yield to maturity2.938%Feb 21, 2018Yield to maturity3.188%Mar 14, 2018Yield to maturity3.020%Apr 5, 2018Yield to maturity3.038%Apr 26, 2018Yield to maturity3.151%May 17, 2018Yield to maturity3.230%Jun 8, 2018Yield to maturity3.059%Jun 29, 2018Yield to maturity2.967%Jul 23, 2018Yield to maturity3.091%Aug 13, 2018Yield to maturity3.031%Sep 4, 2018Yield to maturity3.056%Sep 25, 2018Yield to maturity3.218%Oct 17, 2018Yield to maturity3.345%Nov 7, 2018Yield to maturity3.422%Nov 30, 2018Yield to maturity3.288%Dec 24, 2018Yield to maturity2.972%Jan 16, 2019Yield to maturity3.043%Feb 7, 2019Yield to maturity2.959%Mar 1, 2019Yield to maturity3.104%Mar 22, 2019Yield to maturity2.817%Apr 12, 2019Yield to maturity2.914%May 6, 2019Yield to maturity2.851%May 28, 2019Yield to maturity2.644%Jun 18, 2019Yield to maturity2.477%Jul 10, 2019Yield to maturity2.499%Jul 31, 2019Yield to maturity2.450%Aug 21, 2019Yield to maturity2.002%Sep 12, 2019Yield to maturity2.189%Oct 3, 2019Yield to maturity1.973%Oct 25, 2019Yield to maturity2.231%Nov 18, 2019Yield to maturity2.263%Dec 10, 2019Yield to maturity2.228%Jan 2, 2020Yield to maturity2.293%Jan 24, 2020Yield to maturity2.111%Feb 14, 2020Yield to maturity1.992%Mar 9, 2020Yield to maturity1.017%Mar 30, 2020Yield to maturity1.229%Apr 21, 2020Yield to maturity1.098%May 12, 2020Yield to maturity1.263%Jun 3, 2020Yield to maturity1.406%Jun 24, 2020Yield to maturity1.292%Jul 16, 2020Yield to maturity1.154%Aug 6, 2020Yield to maturity1.031%Aug 27, 2020Yield to maturity1.330%Sep 18, 2020Yield to maturity1.257%Oct 9, 2020Yield to maturity1.361%Nov 2, 2020Yield to maturity1.416%Nov 24, 2020Yield to maturity1.394%Dec 16, 2020Yield to maturity1.453%Jan 8, 2021Yield to maturity1.668%Feb 1, 2021Yield to maturity1.648%Feb 23, 2021Yield to maturity2.025%Mar 16, 2021Yield to maturity2.275%Apr 6, 2021Yield to maturity2.216%Apr 27, 2021Yield to maturity2.161%May 18, 2021Yield to maturity2.260%Jun 9, 2021Yield to maturity2.091%Jun 30, 2021Yield to maturity1.993%Jul 22, 2021Yield to maturity1.813%Aug 12, 2021Yield to maturity1.917%Sep 2, 2021Yield to maturity1.805%Sep 24, 2021Yield to maturity1.907%Oct 18, 2021Yield to maturity1.962%Nov 8, 2021Yield to maturity1.890%Dec 1, 2021Yield to maturity1.821%Dec 22, 2021Yield to maturity1.856%Jan 13, 2022Yield to maturity2.082%Feb 4, 2022Yield to maturity2.277%Feb 28, 2022Yield to maturity2.257%Mar 21, 2022Yield to maturity2.685%Apr 11, 2022Yield to maturity3.037%May 3, 2022Yield to maturity3.234%May 24, 2022Yield to maturity3.196%Jun 15, 2022Yield to maturity3.677%Jul 8, 2022Yield to maturity3.552%Jul 29, 2022Yield to maturity3.221%Aug 19, 2022Yield to maturity3.480%Sep 12, 2022Yield to maturity3.799%Oct 3, 2022Yield to maturity4.050%Oct 25, 2022Yield to maturity4.517%Nov 16, 2022Yield to maturity4.099%Dec 8, 2022Yield to maturity3.769%Dec 30, 2022Yield to maturity4.204%Jan 24, 2023Yield to maturity3.761%Feb 14, 2023Yield to maturity3.970%Mar 8, 2023Yield to maturity4.146%Mar 29, 2023Yield to maturity3.939%Apr 19, 2023Yield to maturity3.928%May 10, 2023Yield to maturity3.882%Jun 1, 2023Yield to maturity3.999%Jun 23, 2023Yield to maturity4.033%Jul 17, 2023Yield to maturity4.116%Aug 7, 2023Yield to maturity4.443%Aug 28, 2023Yield to maturity4.517%Sep 19, 2023Yield to maturity4.650%Oct 11, 2023Yield to maturity4.963%Nov 1, 2023Yield to maturity5.152%Nov 22, 2023Yield to maturity4.778%Dec 14, 2023Yield to maturity4.241%Jan 8, 2024Yield to maturity4.332%Jan 30, 2024Yield to maturity4.409%Feb 21, 2024Yield to maturity4.646%Mar 13, 2024Yield to maturity4.475%Apr 3, 2024Yield to maturity4.639%Apr 24, 2024Yield to maturity4.912%May 15, 2024Yield to maturity4.614%Jun 6, 2024Yield to maturity4.519%Jun 28, 2024Yield to maturity4.614%Jul 22, 2024Yield to maturity4.573%Aug 12, 2024Yield to maturity4.269%Sep 3, 2024Yield to maturity4.197%Sep 24, 2024Yield to maturity4.103%Oct 16, 2024Yield to maturity4.330%Nov 6, 2024Yield to maturity4.707%Nov 29, 2024Yield to maturity4.459%Dec 20, 2024Yield to maturity4.793%Jan 14, 2025Yield to maturity5.076%Feb 5, 2025Yield to maturity4.673%Feb 27, 2025Yield to maturity4.578%Mar 20, 2025Yield to maturity4.564%Apr 10, 2025Yield to maturity4.898%May 1, 2025Yield to maturity4.740%May 22, 2025Yield to maturity5.073%Jun 13, 2025Yield to maturity4.901%Jul 8, 2025Yield to maturity4.928%Jul 29, 2025Yield to maturity4.819%Aug 19, 2025Yield to maturity4.846%Sep 10, 2025Yield to maturity4.591%Oct 1, 2025Yield to maturity4.626%Oct 23, 2025Yield to maturity4.496%Nov 14, 2025Yield to maturity4.664%Dec 8, 2025Yield to maturity4.725%Dec 30, 2025Yield to maturity4.689%Jan 22, 2026Yield to maturity4.725%Feb 12, 2026Yield to maturity4.592%Mar 6, 2026Yield to maturity4.663%Mar 27, 2026Yield to maturity4.938%Apr 17, 2026Yield to maturity4.764%May 8, 2026Yield to maturity4.847%Jun 1, 2026Yield to maturity4.911%Jun 23, 2026Yield to maturity4.887%Jul 15, 2026Yield to maturity4.995%Aug 5, 2026Yield to maturity5.099%Aug 26, 2026Yield to maturity5.084%Sep 9, 2026Yield to maturity5.198%

Price history

3,580 trading days to Sep 9, 2026

708090100110120130140May 15, 2012Sep 9, 2026May 15, 2012Close101.719Jun 6, 2012Close105.594Jun 27, 2012Close106.156Jul 19, 2012Close107.938Aug 9, 2012Close104.906Aug 30, 2012Close105.438Sep 21, 2012Close101.250Oct 15, 2012Close103.375Nov 6, 2012Close101.906Nov 29, 2012Close104.625Dec 20, 2012Close100.906Jan 14, 2013Close99.563Feb 5, 2013Close96.438Feb 27, 2013Close98.094Mar 20, 2013Close96.594Apr 11, 2013Close100.031May 2, 2013Close103.625May 23, 2013Close96.688Jun 14, 2013Close94.719Jul 8, 2013Close88.938Jul 29, 2013Close88.563Aug 19, 2013Close84.281Sep 10, 2013Close84.531Oct 1, 2013Close87.156Oct 23, 2013Close89.375Nov 14, 2013Close86.094Dec 6, 2013Close84.406Dec 30, 2013Close84.469Jan 22, 2014Close86.844Feb 12, 2014Close87.313Mar 6, 2014Close88.094Mar 27, 2014Close90.875Apr 17, 2014Close91.031May 9, 2014Close92.156Jun 2, 2014Close93.688Jun 23, 2014Close92.500Jul 15, 2014Close93.781Aug 5, 2014Close95.344Aug 26, 2014Close97.531Sep 18, 2014Close93.781Oct 9, 2014Close99.125Oct 31, 2014Close98.938Nov 25, 2014Close100.781Dec 17, 2014Close105.344Jan 9, 2015Close109.250Feb 2, 2015Close115.469Feb 24, 2015Close108.063Mar 17, 2015Close107.719Apr 7, 2015Close109.625Apr 28, 2015Close106.313May 19, 2015Close98.938Jun 10, 2015Close95.938Jul 1, 2015Close96.188Jul 23, 2015Close100.594Aug 13, 2015Close102.938Sep 3, 2015Close100.938Sep 25, 2015Close101.094Oct 19, 2015Close102.844Nov 9, 2015Close98.594Dec 2, 2015Close102.438Dec 23, 2015Close100.875Jan 15, 2016Close104.688Feb 8, 2016Close109.688Mar 1, 2016Close107.188Mar 22, 2016Close106.656Apr 13, 2016Close109.406May 4, 2016Close108.313May 25, 2016Close107.625Jun 16, 2016Close113.750Jul 8, 2016Close119.625Jul 29, 2016Close118.000Aug 19, 2016Close115.406Sep 12, 2016Close112.813Oct 3, 2016Close114.000Oct 25, 2016Close110.500Nov 16, 2016Close102.063Dec 8, 2016Close98.656Dec 30, 2016Close99.031Jan 24, 2017Close99.594Feb 14, 2017Close99.094Mar 8, 2017Close97.688Mar 29, 2017Close100.469Apr 20, 2017Close102.375May 11, 2017Close99.906Jun 2, 2017Close104.281Jun 23, 2017Close105.875Jul 17, 2017Close102.750Aug 7, 2017Close103.781Aug 28, 2017Close105.344Sep 19, 2017Close104.406Oct 11, 2017Close103.250Nov 1, 2017Close103.594Nov 22, 2017Close105.219Dec 14, 2017Close105.969Jan 8, 2018Close104.031Jan 30, 2018Close101.063Feb 21, 2018Close96.844Mar 14, 2018Close99.656Apr 5, 2018Close99.344Apr 26, 2018Close97.469May 17, 2018Close96.188Jun 8, 2018Close99.000Jun 29, 2018Close100.563Jul 23, 2018Close98.469Aug 13, 2018Close99.469Sep 4, 2018Close99.063Sep 25, 2018Close96.406Oct 17, 2018Close94.406Nov 7, 2018Close93.219Nov 30, 2018Close95.313Dec 24, 2018Close100.469Jan 16, 2019Close99.281Feb 7, 2019Close100.688Mar 1, 2019Close98.281Mar 22, 2019Close103.094Apr 12, 2019Close101.438May 6, 2019Close102.500May 28, 2019Close106.094Jun 18, 2019Close109.094Jul 10, 2019Close108.688Jul 31, 2019Close109.563Aug 21, 2019Close118.156Sep 12, 2019Close114.438Oct 3, 2019Close118.656Oct 25, 2019Close113.563Nov 18, 2019Close112.938Dec 10, 2019Close113.563Jan 2, 2020Close112.313Jan 24, 2020Close115.750Feb 14, 2020Close118.031Mar 9, 2020Close139.281Mar 30, 2020Close134.219Apr 21, 2020Close137.188May 12, 2020Close133.281Jun 3, 2020Close130.000Jun 24, 2020Close132.469Jul 16, 2020Close135.531Aug 6, 2020Close138.313Aug 27, 2020Close131.406Sep 18, 2020Close132.938Oct 9, 2020Close130.563Nov 2, 2020Close129.313Nov 24, 2020Close129.719Dec 16, 2020Close128.375Jan 8, 2021Close123.844Feb 1, 2021Close124.188Feb 23, 2021Close116.750Mar 16, 2021Close112.125Apr 6, 2021Close113.156Apr 27, 2021Close114.125May 18, 2021Close112.313Jun 9, 2021Close115.344Jun 30, 2021Close117.125Jul 22, 2021Close120.500Aug 12, 2021Close118.469Sep 2, 2021Close120.563Sep 24, 2021Close118.563Oct 18, 2021Close117.500Nov 8, 2021Close118.813Dec 1, 2021Close120.063Dec 22, 2021Close119.344Jan 13, 2022Close115.156Feb 4, 2022Close111.688Feb 28, 2022Close112.000Mar 21, 2022Close104.875Apr 11, 2022Close99.438May 3, 2022Close96.563May 24, 2022Close97.125Jun 15, 2022Close90.500Jul 8, 2022Close92.188Jul 29, 2022Close96.781Aug 19, 2022Close93.188Sep 12, 2022Close89.000Oct 3, 2022Close85.875Oct 25, 2022Close80.438Nov 16, 2022Close85.344Dec 8, 2022Close89.469Dec 30, 2022Close84.156Jan 24, 2023Close89.625Feb 14, 2023Close87.031Mar 8, 2023Close84.938Mar 29, 2023Close87.469Apr 19, 2023Close87.625May 10, 2023Close88.219Jun 1, 2023Close86.813Jun 23, 2023Close86.438Jul 17, 2023Close85.469Aug 7, 2023Close81.750Aug 28, 2023Close80.969Sep 19, 2023Close79.563Oct 11, 2023Close76.344Nov 1, 2023Close74.500Nov 22, 2023Close78.344Dec 14, 2023Close84.250Jan 8, 2024Close83.250Jan 30, 2024Close82.438Feb 21, 2024Close79.906Mar 13, 2024Close81.781Apr 3, 2024Close80.063Apr 24, 2024Close77.281May 15, 2024Close80.406Jun 6, 2024Close81.469Jun 28, 2024Close80.500Jul 22, 2024Close80.969Aug 12, 2024Close84.313Sep 3, 2024Close85.156Sep 24, 2024Close86.250Oct 16, 2024Close83.750Nov 6, 2024Close79.781Nov 29, 2024Close82.438Dec 20, 2024Close79.000Jan 14, 2025Close76.250Feb 5, 2025Close80.313Feb 27, 2025Close81.344Mar 20, 2025Close81.531Apr 10, 2025Close78.188May 1, 2025Close79.813May 22, 2025Close76.594Jun 13, 2025Close78.313Jul 8, 2025Close78.094Jul 29, 2025Close79.219Aug 19, 2025Close79.000Sep 10, 2025Close81.594Oct 1, 2025Close81.281Oct 23, 2025Close82.656Nov 14, 2025Close81.000Dec 8, 2025Close80.438Dec 30, 2025Close80.844Jan 22, 2026Close80.531Feb 12, 2026Close81.906Mar 6, 2026Close81.250Mar 27, 2026Close78.625Apr 17, 2026Close80.344May 8, 2026Close79.594Jun 1, 2026Close79.031Jun 23, 2026Close79.313Jul 15, 2026Close78.344Aug 5, 2026Close77.438Aug 26, 2026Close77.625Sep 9, 2026Close76.625
The most recent 20 trading days of prices for 912810QW1.
DateBidOfferClose
Sep 9, 202676.46976.40676.625
Sep 8, 202677.01676.96976.844
Sep 4, 202677.06377.00076.938
Sep 3, 202677.15677.09476.938
Sep 2, 202676.71976.65676.719
Sep 1, 202677.00076.93876.688
Aug 31, 202676.90676.84476.969
Aug 28, 202677.54777.46977.219
Aug 27, 202677.73477.68877.500
Aug 26, 202677.68877.62577.625
Aug 25, 202677.75077.68877.781
Aug 24, 202677.37577.31377.188
Aug 21, 202676.90676.84476.781
Aug 20, 202677.09477.03177.188
Aug 19, 202677.43877.37577.531
Aug 18, 202676.57876.53176.656
Aug 17, 202676.67276.62576.406
Aug 14, 202676.84476.78176.813
Aug 13, 202677.31377.25077.281
Aug 12, 202677.04777.00076.844

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.

Auction history for 912810QW1.
Auction dateIssuedTypeOfferedAcceptedBid to coverHigh yield
May 10, 2012May 15, 2012New issue$16.0bn$17.0bn2.73x3.090%
Jun 14, 2012Jun 15, 2012Reopening$13.0bn$13.9bn2.40x2.720%
Jul 12, 2012Jul 16, 2012Reopening$13.0bn$13.0bn2.70x2.580%

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.