Treasury bond

912810UR7 · 4.75% due February 15, 2056

Original term
30-Year
Maturity
Feb 15, 2056
Coupon
4.750%
Pays
Semi-Annual
Dated
Feb 15, 2026
First coupon
Aug 15, 2026
Priced through
Sep 9, 2026
Analyzed through
Sep 9, 2026

Statement of August 31, 2026

Amount outstanding
$79.99bn
Held stripped
$16.91bn
Share stripped
21.14%

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
5.287%
Modified duration
15.117 yr
DV01
0.1396
Convexity
338.804
Dirty price
92.367

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 15.237 years against a modified duration of 15.117.

Against the fitted curve

Priced 0.4 bp rich to the curve on that day, 5.07 cents per 100 of face.

That is 0.03 standard deviations from its own typical residual.

Yield to maturity, 143 observations

4.6%4.8%5.0%5.2%5.4%Feb 17, 2026Sep 9, 2026Feb 17, 2026Yield to maturity4.682%Feb 18, 2026Yield to maturity4.713%Feb 19, 2026Yield to maturity4.703%Feb 20, 2026Yield to maturity4.722%Feb 23, 2026Yield to maturity4.703%Feb 24, 2026Yield to maturity4.697%Feb 25, 2026Yield to maturity4.695%Feb 26, 2026Yield to maturity4.666%Feb 27, 2026Yield to maturity4.633%Mar 2, 2026Yield to maturity4.697%Mar 3, 2026Yield to maturity4.701%Mar 4, 2026Yield to maturity4.720%Mar 5, 2026Yield to maturity4.742%Mar 6, 2026Yield to maturity4.768%Mar 9, 2026Yield to maturity4.724%Mar 10, 2026Yield to maturity4.777%Mar 11, 2026Yield to maturity4.859%Mar 12, 2026Yield to maturity4.882%Mar 13, 2026Yield to maturity4.906%Mar 16, 2026Yield to maturity4.859%Mar 17, 2026Yield to maturity4.849%Mar 18, 2026Yield to maturity4.880%Mar 19, 2026Yield to maturity4.835%Mar 20, 2026Yield to maturity4.961%Mar 23, 2026Yield to maturity4.916%Mar 24, 2026Yield to maturity4.937%Mar 25, 2026Yield to maturity4.894%Mar 26, 2026Yield to maturity4.933%Mar 27, 2026Yield to maturity4.980%Mar 30, 2026Yield to maturity4.908%Mar 31, 2026Yield to maturity4.882%Apr 1, 2026Yield to maturity4.914%Apr 2, 2026Yield to maturity4.884%Apr 3, 2026Yield to maturity4.914%Apr 6, 2026Yield to maturity4.890%Apr 7, 2026Yield to maturity4.902%Apr 8, 2026Yield to maturity4.888%Apr 9, 2026Yield to maturity4.900%Apr 10, 2026Yield to maturity4.912%Apr 13, 2026Yield to maturity4.900%Apr 14, 2026Yield to maturity4.869%Apr 15, 2026Yield to maturity4.892%Apr 16, 2026Yield to maturity4.931%Apr 17, 2026Yield to maturity4.886%Apr 20, 2026Yield to maturity4.882%Apr 21, 2026Yield to maturity4.892%Apr 22, 2026Yield to maturity4.900%Apr 23, 2026Yield to maturity4.922%Apr 24, 2026Yield to maturity4.908%Apr 27, 2026Yield to maturity4.945%Apr 28, 2026Yield to maturity4.941%Apr 29, 2026Yield to maturity4.980%Apr 30, 2026Yield to maturity4.982%May 1, 2026Yield to maturity4.968%May 4, 2026Yield to maturity5.020%May 5, 2026Yield to maturity4.982%May 6, 2026Yield to maturity4.941%May 7, 2026Yield to maturity4.976%May 8, 2026Yield to maturity4.947%May 11, 2026Yield to maturity4.984%May 12, 2026Yield to maturity5.031%May 13, 2026Yield to maturity5.041%May 14, 2026Yield to maturity5.024%May 15, 2026Yield to maturity5.131%May 18, 2026Yield to maturity5.139%May 19, 2026Yield to maturity5.183%May 20, 2026Yield to maturity5.116%May 21, 2026Yield to maturity5.098%May 22, 2026Yield to maturity5.071%May 26, 2026Yield to maturity5.033%May 27, 2026Yield to maturity5.016%May 28, 2026Yield to maturity4.987%May 29, 2026Yield to maturity4.989%Jun 1, 2026Yield to maturity4.993%Jun 2, 2026Yield to maturity4.968%Jun 3, 2026Yield to maturity4.993%Jun 4, 2026Yield to maturity4.976%Jun 5, 2026Yield to maturity5.012%Jun 8, 2026Yield to maturity5.033%Jun 9, 2026Yield to maturity5.010%Jun 10, 2026Yield to maturity5.031%Jun 11, 2026Yield to maturity4.952%Jun 12, 2026Yield to maturity4.977%Jun 15, 2026Yield to maturity4.972%Jun 16, 2026Yield to maturity4.927%Jun 17, 2026Yield to maturity4.935%Jun 18, 2026Yield to maturity4.906%Jun 22, 2026Yield to maturity4.948%Jun 23, 2026Yield to maturity4.944%Jun 24, 2026Yield to maturity4.862%Jun 25, 2026Yield to maturity4.862%Jun 26, 2026Yield to maturity4.866%Jun 29, 2026Yield to maturity4.860%Jun 30, 2026Yield to maturity4.917%Jul 1, 2026Yield to maturity4.968%Jul 2, 2026Yield to maturity4.987%Jul 6, 2026Yield to maturity4.991%Jul 7, 2026Yield to maturity5.050%Jul 8, 2026Yield to maturity5.065%Jul 9, 2026Yield to maturity5.057%Jul 10, 2026Yield to maturity5.070%Jul 13, 2026Yield to maturity5.104%Jul 14, 2026Yield to maturity5.087%Jul 15, 2026Yield to maturity5.080%Jul 16, 2026Yield to maturity5.095%Jul 17, 2026Yield to maturity5.068%Jul 20, 2026Yield to maturity5.112%Jul 21, 2026Yield to maturity5.134%Jul 22, 2026Yield to maturity5.156%Jul 23, 2026Yield to maturity5.173%Jul 24, 2026Yield to maturity5.162%Jul 27, 2026Yield to maturity5.128%Jul 28, 2026Yield to maturity5.096%Jul 29, 2026Yield to maturity5.206%Jul 30, 2026Yield to maturity5.213%Jul 31, 2026Yield to maturity5.273%Aug 3, 2026Yield to maturity5.235%Aug 4, 2026Yield to maturity5.191%Aug 5, 2026Yield to maturity5.180%Aug 6, 2026Yield to maturity5.222%Aug 7, 2026Yield to maturity5.200%Aug 10, 2026Yield to maturity5.253%Aug 11, 2026Yield to maturity5.246%Aug 12, 2026Yield to maturity5.251%Aug 13, 2026Yield to maturity5.218%Aug 14, 2026Yield to maturity5.264%Aug 17, 2026Yield to maturity5.318%Aug 18, 2026Yield to maturity5.293%Aug 19, 2026Yield to maturity5.202%Aug 20, 2026Yield to maturity5.240%Aug 21, 2026Yield to maturity5.284%Aug 24, 2026Yield to maturity5.240%Aug 25, 2026Yield to maturity5.178%Aug 26, 2026Yield to maturity5.191%Aug 27, 2026Yield to maturity5.198%Aug 28, 2026Yield to maturity5.222%Aug 31, 2026Yield to maturity5.255%Sep 1, 2026Yield to maturity5.275%Sep 2, 2026Yield to maturity5.275%Sep 3, 2026Yield to maturity5.255%Sep 4, 2026Yield to maturity5.251%Sep 8, 2026Yield to maturity5.262%Sep 9, 2026Yield to maturity5.287%

Price history

143 trading days to Sep 9, 2026

9092949698100102Feb 17, 2026Sep 9, 2026Feb 17, 2026Close101.094Feb 18, 2026Close100.594Feb 19, 2026Close100.750Feb 20, 2026Close100.438Feb 23, 2026Close100.750Feb 24, 2026Close100.844Feb 25, 2026Close100.875Feb 26, 2026Close101.344Feb 27, 2026Close101.875Mar 2, 2026Close100.844Mar 3, 2026Close100.781Mar 4, 2026Close100.469Mar 5, 2026Close100.125Mar 6, 2026Close99.719Mar 9, 2026Close100.406Mar 10, 2026Close99.563Mar 11, 2026Close98.281Mar 12, 2026Close97.938Mar 13, 2026Close97.563Mar 16, 2026Close98.281Mar 17, 2026Close98.438Mar 18, 2026Close97.969Mar 19, 2026Close98.656Mar 20, 2026Close96.719Mar 23, 2026Close97.406Mar 24, 2026Close97.094Mar 25, 2026Close97.750Mar 26, 2026Close97.156Mar 27, 2026Close96.438Mar 30, 2026Close97.531Mar 31, 2026Close97.938Apr 1, 2026Close97.438Apr 2, 2026Close97.906Apr 3, 2026Close97.438Apr 6, 2026Close97.813Apr 7, 2026Close97.625Apr 8, 2026Close97.844Apr 9, 2026Close97.656Apr 10, 2026Close97.469Apr 13, 2026Close97.656Apr 14, 2026Close98.125Apr 15, 2026Close97.781Apr 16, 2026Close97.188Apr 17, 2026Close97.875Apr 20, 2026Close97.938Apr 21, 2026Close97.781Apr 22, 2026Close97.656Apr 23, 2026Close97.313Apr 24, 2026Close97.531Apr 27, 2026Close96.969Apr 28, 2026Close97.031Apr 29, 2026Close96.438Apr 30, 2026Close96.406May 1, 2026Close96.625May 4, 2026Close95.844May 5, 2026Close96.406May 6, 2026Close97.031May 7, 2026Close96.500May 8, 2026Close96.938May 11, 2026Close96.375May 12, 2026Close95.688May 13, 2026Close95.531May 14, 2026Close95.781May 15, 2026Close94.219May 18, 2026Close94.094May 19, 2026Close93.469May 20, 2026Close94.438May 21, 2026Close94.688May 22, 2026Close95.094May 26, 2026Close95.656May 27, 2026Close95.906May 28, 2026Close96.344May 29, 2026Close96.313Jun 1, 2026Close96.250Jun 2, 2026Close96.625Jun 3, 2026Close96.250Jun 4, 2026Close96.500Jun 5, 2026Close95.969Jun 8, 2026Close95.656Jun 9, 2026Close96.000Jun 10, 2026Close95.688Jun 11, 2026Close96.875Jun 12, 2026Close96.500Jun 15, 2026Close96.563Jun 16, 2026Close97.250Jun 17, 2026Close97.125Jun 18, 2026Close97.563Jun 22, 2026Close96.938Jun 23, 2026Close97.000Jun 24, 2026Close98.250Jun 25, 2026Close98.250Jun 26, 2026Close98.188Jun 29, 2026Close98.281Jun 30, 2026Close97.406Jul 1, 2026Close96.625Jul 2, 2026Close96.344Jul 6, 2026Close96.281Jul 7, 2026Close95.406Jul 8, 2026Close95.188Jul 9, 2026Close95.313Jul 10, 2026Close95.125Jul 13, 2026Close94.625Jul 14, 2026Close94.875Jul 15, 2026Close94.969Jul 16, 2026Close94.750Jul 17, 2026Close95.156Jul 20, 2026Close94.500Jul 21, 2026Close94.188Jul 22, 2026Close93.875Jul 23, 2026Close93.625Jul 24, 2026Close93.781Jul 27, 2026Close94.281Jul 28, 2026Close94.750Jul 29, 2026Close93.156Jul 30, 2026Close93.063Jul 31, 2026Close92.219Aug 3, 2026Close92.750Aug 4, 2026Close93.375Aug 5, 2026Close93.531Aug 6, 2026Close92.938Aug 7, 2026Close93.250Aug 10, 2026Close92.500Aug 11, 2026Close92.594Aug 12, 2026Close92.531Aug 13, 2026Close93.000Aug 14, 2026Close92.344Aug 17, 2026Close91.594Aug 18, 2026Close91.938Aug 19, 2026Close93.219Aug 20, 2026Close92.688Aug 21, 2026Close92.063Aug 24, 2026Close92.688Aug 25, 2026Close93.563Aug 26, 2026Close93.375Aug 27, 2026Close93.281Aug 28, 2026Close92.938Aug 31, 2026Close92.469Sep 1, 2026Close92.188Sep 2, 2026Close92.188Sep 3, 2026Close92.469Sep 4, 2026Close92.531Sep 8, 2026Close92.375Sep 9, 2026Close92.031
The most recent 20 trading days of prices for 912810UR7.
DateBidOfferClose
Sep 9, 202691.79791.78192.031
Sep 8, 202692.51692.50092.375
Sep 4, 202692.57892.56392.531
Sep 3, 202692.70392.68892.469
Sep 2, 202692.20392.18892.188
Sep 1, 202692.53192.50092.188
Aug 31, 202692.29792.28192.469
Aug 28, 202693.39193.37592.938
Aug 27, 202693.45393.43893.281
Aug 26, 202693.42293.40693.375
Aug 25, 202693.45393.43893.563
Aug 24, 202692.89192.87592.688
Aug 21, 202692.20392.18892.063
Aug 20, 202692.45392.43892.688
Aug 19, 202693.07893.06393.219
Aug 18, 202691.75091.75091.938
Aug 17, 202691.95391.93891.594
Aug 14, 202692.23492.21992.344
Aug 13, 202692.98492.96993.000
Aug 12, 202692.76692.75092.531

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 912810UR7.
Auction dateIssuedTypeOfferedAcceptedBid to coverHigh yield
Feb 12, 2026Feb 17, 2026New issue$25.0bn$32.1bn2.66x4.750%
Mar 12, 2026Mar 16, 2026Reopening$22.0bn$22.0bn2.45x4.871%
Apr 9, 2026Apr 15, 2026Reopening$22.0bn$25.9bn2.39x4.876%

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.