Treasury bond

912810TV0 · 4.75% due November 15, 2053

Original term
30-Year
Maturity
Nov 15, 2053
Coupon
4.750%
Pays
Semi-Annual
Dated
Nov 15, 2023
First coupon
May 15, 2024
Priced through
Sep 9, 2026
Analyzed through
Sep 9, 2026

Statement of August 31, 2026

Amount outstanding
$66.44bn
Held stripped
$10.78bn
Share stripped
16.23%

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
5.316%
Modified duration
14.395 yr
DV01
0.1345
Convexity
304.888
Dirty price
93.429

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 12 of twelve buckets, summing to 14.500 years against a modified duration of 14.395.

Against the fitted curve

Priced 0.2 bp cheap to the curve on that day, 2.18 cents per 100 of face.

That is 1.10 standard deviations from its own typical residual.

Yield to maturity, 705 observations

3.75%4.00%4.25%4.50%4.75%5.00%5.25%5.50%Nov 15, 2023Sep 9, 2026Nov 15, 2023Yield to maturity4.678%Nov 20, 2023Yield to maturity4.569%Nov 24, 2023Yield to maturity4.601%Nov 29, 2023Yield to maturity4.443%Dec 4, 2023Yield to maturity4.433%Dec 7, 2023Yield to maturity4.249%Dec 12, 2023Yield to maturity4.304%Dec 15, 2023Yield to maturity4.009%Dec 20, 2023Yield to maturity3.991%Dec 26, 2023Yield to maturity4.045%Dec 29, 2023Yield to maturity4.032%Jan 4, 2024Yield to maturity4.138%Jan 9, 2024Yield to maturity4.184%Jan 12, 2024Yield to maturity4.201%Jan 18, 2024Yield to maturity4.369%Jan 23, 2024Yield to maturity4.376%Jan 26, 2024Yield to maturity4.381%Jan 31, 2024Yield to maturity4.225%Feb 5, 2024Yield to maturity4.347%Feb 8, 2024Yield to maturity4.361%Feb 13, 2024Yield to maturity4.460%Feb 16, 2024Yield to maturity4.449%Feb 22, 2024Yield to maturity4.471%Feb 27, 2024Yield to maturity4.443%Mar 1, 2024Yield to maturity4.330%Mar 6, 2024Yield to maturity4.243%Mar 11, 2024Yield to maturity4.259%Mar 14, 2024Yield to maturity4.437%Mar 19, 2024Yield to maturity4.441%Mar 22, 2024Yield to maturity4.388%Mar 27, 2024Yield to maturity4.350%Apr 1, 2024Yield to maturity4.465%Apr 4, 2024Yield to maturity4.467%Apr 9, 2024Yield to maturity4.491%Apr 12, 2024Yield to maturity4.606%Apr 17, 2024Yield to maturity4.703%Apr 22, 2024Yield to maturity4.720%Apr 25, 2024Yield to maturity4.814%Apr 30, 2024Yield to maturity4.790%May 3, 2024Yield to maturity4.662%May 8, 2024Yield to maturity4.637%May 13, 2024Yield to maturity4.631%May 16, 2024Yield to maturity4.520%May 21, 2024Yield to maturity4.552%May 24, 2024Yield to maturity4.569%May 30, 2024Yield to maturity4.685%Jun 4, 2024Yield to maturity4.473%Jun 7, 2024Yield to maturity4.545%Jun 12, 2024Yield to maturity4.471%Jun 17, 2024Yield to maturity4.401%Jun 21, 2024Yield to maturity4.388%Jun 26, 2024Yield to maturity4.447%Jul 1, 2024Yield to maturity4.646%Jul 5, 2024Yield to maturity4.469%Jul 10, 2024Yield to maturity4.471%Jul 15, 2024Yield to maturity4.458%Jul 18, 2024Yield to maturity4.413%Jul 23, 2024Yield to maturity4.476%Jul 26, 2024Yield to maturity4.450%Jul 31, 2024Yield to maturity4.353%Aug 5, 2024Yield to maturity4.057%Aug 8, 2024Yield to maturity4.286%Aug 13, 2024Yield to maturity4.156%Aug 16, 2024Yield to maturity4.156%Aug 21, 2024Yield to maturity4.066%Aug 26, 2024Yield to maturity4.111%Aug 29, 2024Yield to maturity4.155%Sep 4, 2024Yield to maturity4.066%Sep 9, 2024Yield to maturity4.007%Sep 12, 2024Yield to maturity4.003%Sep 17, 2024Yield to maturity3.958%Sep 20, 2024Yield to maturity4.072%Sep 25, 2024Yield to maturity4.139%Sep 30, 2024Yield to maturity4.137%Oct 3, 2024Yield to maturity4.184%Oct 8, 2024Yield to maturity4.323%Oct 11, 2024Yield to maturity4.388%Oct 17, 2024Yield to maturity4.388%Oct 22, 2024Yield to maturity4.490%Oct 25, 2024Yield to maturity4.517%Oct 30, 2024Yield to maturity4.494%Nov 4, 2024Yield to maturity4.500%Nov 7, 2024Yield to maturity4.545%Nov 13, 2024Yield to maturity4.653%Nov 18, 2024Yield to maturity4.636%Nov 21, 2024Yield to maturity4.638%Nov 26, 2024Yield to maturity4.503%Dec 2, 2024Yield to maturity4.378%Dec 5, 2024Yield to maturity4.345%Dec 10, 2024Yield to maturity4.426%Dec 13, 2024Yield to maturity4.639%Dec 18, 2024Yield to maturity4.670%Dec 23, 2024Yield to maturity4.800%Dec 27, 2024Yield to maturity4.834%Jan 2, 2025Yield to maturity4.816%Jan 7, 2025Yield to maturity4.931%Jan 10, 2025Yield to maturity4.988%Jan 15, 2025Yield to maturity4.898%Jan 21, 2025Yield to maturity4.814%Jan 24, 2025Yield to maturity4.869%Jan 29, 2025Yield to maturity4.808%Feb 3, 2025Yield to maturity4.788%Feb 6, 2025Yield to maturity4.668%Feb 11, 2025Yield to maturity4.772%Feb 14, 2025Yield to maturity4.726%Feb 20, 2025Yield to maturity4.774%Feb 25, 2025Yield to maturity4.577%Feb 28, 2025Yield to maturity4.542%Mar 5, 2025Yield to maturity4.604%Mar 10, 2025Yield to maturity4.576%Mar 13, 2025Yield to maturity4.627%Mar 18, 2025Yield to maturity4.605%Mar 21, 2025Yield to maturity4.619%Mar 26, 2025Yield to maturity4.720%Mar 31, 2025Yield to maturity4.617%Apr 3, 2025Yield to maturity4.513%Apr 8, 2025Yield to maturity4.732%Apr 11, 2025Yield to maturity4.878%Apr 16, 2025Yield to maturity4.772%Apr 21, 2025Yield to maturity4.937%Apr 24, 2025Yield to maturity4.792%Apr 29, 2025Yield to maturity4.664%May 2, 2025Yield to maturity4.815%May 7, 2025Yield to maturity4.796%May 12, 2025Yield to maturity4.924%May 15, 2025Yield to maturity4.945%May 20, 2025Yield to maturity4.998%May 23, 2025Yield to maturity5.071%May 29, 2025Yield to maturity4.956%Jun 3, 2025Yield to maturity5.020%Jun 6, 2025Yield to maturity5.000%Jun 11, 2025Yield to maturity4.943%Jun 16, 2025Yield to maturity4.992%Jun 20, 2025Yield to maturity4.918%Jun 25, 2025Yield to maturity4.858%Jun 30, 2025Yield to maturity4.802%Jul 3, 2025Yield to maturity4.885%Jul 9, 2025Yield to maturity4.891%Jul 14, 2025Yield to maturity4.990%Jul 17, 2025Yield to maturity5.035%Jul 22, 2025Yield to maturity4.927%Jul 25, 2025Yield to maturity4.946%Jul 30, 2025Yield to maturity4.914%Aug 4, 2025Yield to maturity4.806%Aug 7, 2025Yield to maturity4.827%Aug 12, 2025Yield to maturity4.895%Aug 15, 2025Yield to maturity4.939%Aug 20, 2025Yield to maturity4.906%Aug 25, 2025Yield to maturity4.908%Aug 28, 2025Yield to maturity4.889%Sep 3, 2025Yield to maturity4.908%Sep 8, 2025Yield to maturity4.689%Sep 11, 2025Yield to maturity4.652%Sep 16, 2025Yield to maturity4.654%Sep 19, 2025Yield to maturity4.756%Sep 24, 2025Yield to maturity4.768%Sep 29, 2025Yield to maturity4.717%Oct 2, 2025Yield to maturity4.705%Oct 7, 2025Yield to maturity4.738%Oct 10, 2025Yield to maturity4.634%Oct 16, 2025Yield to maturity4.583%Oct 21, 2025Yield to maturity4.551%Oct 24, 2025Yield to maturity4.596%Oct 29, 2025Yield to maturity4.614%Nov 3, 2025Yield to maturity4.703%Nov 6, 2025Yield to maturity4.697%Nov 12, 2025Yield to maturity4.676%Nov 17, 2025Yield to maturity4.746%Nov 20, 2025Yield to maturity4.740%Nov 25, 2025Yield to maturity4.681%Dec 1, 2025Yield to maturity4.756%Dec 4, 2025Yield to maturity4.778%Dec 9, 2025Yield to maturity4.819%Dec 12, 2025Yield to maturity4.873%Dec 17, 2025Yield to maturity4.844%Dec 22, 2025Yield to maturity4.855%Dec 26, 2025Yield to maturity4.830%Dec 31, 2025Yield to maturity4.863%Jan 6, 2026Yield to maturity4.875%Jan 9, 2026Yield to maturity4.830%Jan 14, 2026Yield to maturity4.801%Jan 20, 2026Yield to maturity4.924%Jan 23, 2026Yield to maturity4.838%Jan 28, 2026Yield to maturity4.869%Feb 2, 2026Yield to maturity4.918%Feb 5, 2026Yield to maturity4.865%Feb 10, 2026Yield to maturity4.793%Feb 13, 2026Yield to maturity4.705%Feb 19, 2026Yield to maturity4.715%Feb 24, 2026Yield to maturity4.709%Feb 27, 2026Yield to maturity4.647%Mar 4, 2026Yield to maturity4.735%Mar 9, 2026Yield to maturity4.739%Mar 12, 2026Yield to maturity4.901%Mar 17, 2026Yield to maturity4.867%Mar 20, 2026Yield to maturity4.988%Mar 25, 2026Yield to maturity4.922%Mar 30, 2026Yield to maturity4.933%Apr 2, 2026Yield to maturity4.908%Apr 7, 2026Yield to maturity4.927%Apr 10, 2026Yield to maturity4.931%Apr 15, 2026Yield to maturity4.914%Apr 20, 2026Yield to maturity4.899%Apr 23, 2026Yield to maturity4.942%Apr 28, 2026Yield to maturity4.961%May 1, 2026Yield to maturity4.994%May 6, 2026Yield to maturity4.961%May 11, 2026Yield to maturity5.007%May 14, 2026Yield to maturity5.050%May 19, 2026Yield to maturity5.215%May 22, 2026Yield to maturity5.101%May 28, 2026Yield to maturity5.016%Jun 2, 2026Yield to maturity4.998%Jun 5, 2026Yield to maturity5.044%Jun 10, 2026Yield to maturity5.061%Jun 15, 2026Yield to maturity5.000%Jun 18, 2026Yield to maturity4.938%Jun 24, 2026Yield to maturity4.891%Jun 29, 2026Yield to maturity4.893%Jul 2, 2026Yield to maturity5.022%Jul 8, 2026Yield to maturity5.101%Jul 13, 2026Yield to maturity5.139%Jul 16, 2026Yield to maturity5.128%Jul 21, 2026Yield to maturity5.168%Jul 24, 2026Yield to maturity5.200%Jul 29, 2026Yield to maturity5.246%Aug 3, 2026Yield to maturity5.271%Aug 6, 2026Yield to maturity5.255%Aug 11, 2026Yield to maturity5.280%Aug 14, 2026Yield to maturity5.294%Aug 19, 2026Yield to maturity5.230%Aug 24, 2026Yield to maturity5.260%Aug 27, 2026Yield to maturity5.223%Sep 1, 2026Yield to maturity5.304%Sep 4, 2026Yield to maturity5.279%Sep 9, 2026Yield to maturity5.316%

Price history

705 trading days to Sep 9, 2026

9095100105110115Nov 15, 2023Sep 9, 2026Nov 15, 2023Close101.156Nov 20, 2023Close102.938Nov 24, 2023Close102.406Nov 29, 2023Close105.063Dec 4, 2023Close105.219Dec 7, 2023Close108.438Dec 12, 2023Close107.469Dec 15, 2023Close112.844Dec 20, 2023Close113.188Dec 26, 2023Close112.156Dec 29, 2023Close112.406Jan 4, 2024Close110.438Jan 9, 2024Close109.594Jan 12, 2024Close109.281Jan 18, 2024Close106.313Jan 23, 2024Close106.188Jan 26, 2024Close106.094Jan 31, 2024Close108.844Feb 5, 2024Close106.688Feb 8, 2024Close106.438Feb 13, 2024Close104.750Feb 16, 2024Close104.938Feb 22, 2024Close104.563Feb 27, 2024Close105.031Mar 1, 2024Close106.969Mar 6, 2024Close108.500Mar 11, 2024Close108.219Mar 14, 2024Close105.125Mar 19, 2024Close105.063Mar 22, 2024Close105.969Mar 27, 2024Close106.625Apr 1, 2024Close104.656Apr 4, 2024Close104.625Apr 9, 2024Close104.219Apr 12, 2024Close102.313Apr 17, 2024Close100.750Apr 22, 2024Close100.469Apr 25, 2024Close99.000Apr 30, 2024Close99.375May 3, 2024Close101.406May 8, 2024Close101.813May 13, 2024Close101.906May 16, 2024Close103.719May 21, 2024Close103.188May 24, 2024Close102.906May 30, 2024Close101.031Jun 4, 2024Close104.500Jun 7, 2024Close103.313Jun 12, 2024Close104.531Jun 17, 2024Close105.719Jun 21, 2024Close105.938Jun 26, 2024Close104.938Jul 1, 2024Close101.656Jul 5, 2024Close104.563Jul 10, 2024Close104.531Jul 15, 2024Close104.750Jul 18, 2024Close105.500Jul 23, 2024Close104.438Jul 26, 2024Close104.875Jul 31, 2024Close106.531Aug 5, 2024Close111.813Aug 8, 2024Close107.688Aug 13, 2024Close110.000Aug 16, 2024Close110.000Aug 21, 2024Close111.625Aug 26, 2024Close110.813Aug 29, 2024Close110.000Sep 4, 2024Close111.625Sep 9, 2024Close112.719Sep 12, 2024Close112.781Sep 17, 2024Close113.625Sep 20, 2024Close111.500Sep 25, 2024Close110.281Sep 30, 2024Close110.313Oct 3, 2024Close109.469Oct 8, 2024Close107.031Oct 11, 2024Close105.906Oct 17, 2024Close105.906Oct 22, 2024Close104.188Oct 25, 2024Close103.750Oct 30, 2024Close104.125Nov 4, 2024Close104.031Nov 7, 2024Close103.281Nov 13, 2024Close101.531Nov 18, 2024Close101.813Nov 21, 2024Close101.781Nov 26, 2024Close103.969Dec 2, 2024Close106.063Dec 5, 2024Close106.625Dec 10, 2024Close105.250Dec 13, 2024Close101.750Dec 18, 2024Close101.250Dec 23, 2024Close99.219Dec 27, 2024Close98.688Jan 2, 2025Close98.969Jan 7, 2025Close97.219Jan 10, 2025Close96.375Jan 15, 2025Close97.719Jan 21, 2025Close99.000Jan 24, 2025Close98.156Jan 29, 2025Close99.094Feb 3, 2025Close99.406Feb 6, 2025Close101.281Feb 11, 2025Close99.656Feb 14, 2025Close100.375Feb 20, 2025Close99.625Feb 25, 2025Close102.750Feb 28, 2025Close103.313Mar 5, 2025Close102.313Mar 10, 2025Close102.750Mar 13, 2025Close101.938Mar 18, 2025Close102.281Mar 21, 2025Close102.063Mar 26, 2025Close100.469Mar 31, 2025Close102.094Apr 3, 2025Close103.781Apr 8, 2025Close100.281Apr 11, 2025Close98.031Apr 16, 2025Close99.656Apr 21, 2025Close97.156Apr 24, 2025Close99.344Apr 29, 2025Close101.344May 2, 2025Close99.000May 7, 2025Close99.281May 12, 2025Close97.344May 15, 2025Close97.031May 20, 2025Close96.250May 23, 2025Close95.188May 29, 2025Close96.875Jun 3, 2025Close95.938Jun 6, 2025Close96.219Jun 11, 2025Close97.063Jun 16, 2025Close96.344Jun 20, 2025Close97.438Jun 25, 2025Close98.344Jun 30, 2025Close99.188Jul 3, 2025Close97.938Jul 9, 2025Close97.844Jul 14, 2025Close96.375Jul 17, 2025Close95.719Jul 22, 2025Close97.313Jul 25, 2025Close97.031Jul 30, 2025Close97.500Aug 4, 2025Close99.125Aug 7, 2025Close98.813Aug 12, 2025Close97.781Aug 15, 2025Close97.125Aug 20, 2025Close97.625Aug 25, 2025Close97.594Aug 28, 2025Close97.875Sep 3, 2025Close97.594Sep 8, 2025Close100.938Sep 11, 2025Close101.531Sep 16, 2025Close101.500Sep 19, 2025Close99.906Sep 24, 2025Close99.719Sep 29, 2025Close100.500Oct 2, 2025Close100.688Oct 7, 2025Close100.188Oct 10, 2025Close101.813Oct 16, 2025Close102.625Oct 21, 2025Close103.125Oct 24, 2025Close102.406Oct 29, 2025Close102.125Nov 3, 2025Close100.719Nov 6, 2025Close100.813Nov 12, 2025Close101.156Nov 17, 2025Close100.063Nov 20, 2025Close100.156Nov 25, 2025Close101.063Dec 1, 2025Close99.906Dec 4, 2025Close99.563Dec 9, 2025Close98.938Dec 12, 2025Close98.125Dec 17, 2025Close98.563Dec 22, 2025Close98.406Dec 26, 2025Close98.781Dec 31, 2025Close98.281Jan 6, 2026Close98.094Jan 9, 2026Close98.781Jan 14, 2026Close99.219Jan 20, 2026Close97.375Jan 23, 2026Close98.656Jan 28, 2026Close98.188Feb 2, 2026Close97.469Feb 5, 2026Close98.250Feb 10, 2026Close99.344Feb 13, 2026Close100.688Feb 19, 2026Close100.531Feb 24, 2026Close100.625Feb 27, 2026Close101.594Mar 4, 2026Close100.219Mar 9, 2026Close100.156Mar 12, 2026Close97.719Mar 17, 2026Close98.219Mar 20, 2026Close96.438Mar 25, 2026Close97.406Mar 30, 2026Close97.250Apr 2, 2026Close97.625Apr 7, 2026Close97.344Apr 10, 2026Close97.281Apr 15, 2026Close97.531Apr 20, 2026Close97.750Apr 23, 2026Close97.125Apr 28, 2026Close96.844May 1, 2026Close96.375May 6, 2026Close96.844May 11, 2026Close96.188May 14, 2026Close95.563May 19, 2026Close93.250May 22, 2026Close94.844May 28, 2026Close96.063Jun 2, 2026Close96.313Jun 5, 2026Close95.656Jun 10, 2026Close95.406Jun 15, 2026Close96.281Jun 18, 2026Close97.188Jun 24, 2026Close97.875Jun 29, 2026Close97.844Jul 2, 2026Close95.969Jul 8, 2026Close94.844Jul 13, 2026Close94.313Jul 16, 2026Close94.469Jul 21, 2026Close93.906Jul 24, 2026Close93.469Jul 29, 2026Close92.844Aug 3, 2026Close92.500Aug 6, 2026Close92.719Aug 11, 2026Close92.375Aug 14, 2026Close92.188Aug 19, 2026Close93.063Aug 24, 2026Close92.656Aug 27, 2026Close93.156Sep 1, 2026Close92.063Sep 4, 2026Close92.406Sep 9, 2026Close91.906
The most recent 20 trading days of prices for 912810TV0.
DateBidOfferClose
Sep 9, 202691.70391.68891.906
Sep 8, 202692.43892.40692.281
Sep 4, 202692.48492.46992.406
Sep 3, 202692.60992.59492.375
Sep 2, 202692.04792.03192.063
Sep 1, 202692.42292.40692.063
Aug 31, 202692.20392.18892.344
Aug 28, 202693.26693.25092.781
Aug 27, 202693.35993.34493.156
Aug 26, 202693.32893.31393.313
Aug 25, 202693.35993.34493.469
Aug 24, 202692.85992.84492.656
Aug 21, 202692.14192.12592.000
Aug 20, 202692.35992.34492.594
Aug 19, 202692.95392.93893.063
Aug 18, 202691.57891.56391.750
Aug 17, 202691.79791.78191.438
Aug 14, 202692.07892.06392.188
Aug 13, 202692.76692.75092.781
Aug 12, 202692.54792.53192.313

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 912810TV0.
Auction dateIssuedTypeOfferedAcceptedBid to coverHigh yield
Nov 9, 2023Nov 15, 2023New issue$24.0bn$24.5bn2.24x4.769%
Dec 12, 2023Dec 15, 2023Reopening$21.0bn$21.0bn2.43x4.344%
Jan 11, 2024Jan 16, 2024Reopening$21.0bn$21.0bn2.37x4.229%

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.

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.