Treasury note

91282CCV1 · 1.125% due August 31, 2028

Original term
7-Year
Maturity
Aug 31, 2028
Coupon
1.125%
Pays
Semi-Annual
Dated
Aug 31, 2021
First coupon
Feb 28, 2022
Priced through
Sep 9, 2026
Analyzed through
Sep 9, 2026

Statement of August 31, 2026

Amount outstanding
$69.17bn
Held stripped
$107.2m
Share stripped
0.15%

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
4.436%
Modified duration
1.913 yr
DV01
0.0179
Convexity
4.613
Dirty price
93.844

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 3 of twelve buckets, summing to 1.956 years against a modified duration of 1.913.

Against the fitted curve

Priced 0.6 bp rich to the curve on that day, 1.06 cents per 100 of face.

That is -0.27 standard deviations from its own typical residual.

Yield to maturity, 1,257 observations

1%2%3%4%5%Aug 31, 2021Sep 9, 2026Aug 31, 2021Yield to maturity1.079%Sep 9, 2021Yield to maturity1.078%Sep 17, 2021Yield to maturity1.167%Sep 27, 2021Yield to maturity1.291%Oct 5, 2021Yield to maturity1.305%Oct 14, 2021Yield to maturity1.335%Oct 22, 2021Yield to maturity1.486%Nov 1, 2021Yield to maturity1.453%Nov 9, 2021Yield to maturity1.313%Nov 18, 2021Yield to maturity1.465%Nov 29, 2021Yield to maturity1.407%Dec 7, 2021Yield to maturity1.418%Dec 15, 2021Yield to maturity1.414%Dec 23, 2021Yield to maturity1.410%Jan 3, 2022Yield to maturity1.542%Jan 11, 2022Yield to maturity1.675%Jan 20, 2022Yield to maturity1.769%Jan 28, 2022Yield to maturity1.741%Feb 7, 2022Yield to maturity1.889%Feb 15, 2022Yield to maturity2.044%Feb 24, 2022Yield to maturity1.941%Mar 4, 2022Yield to maturity1.713%Mar 14, 2022Yield to maturity2.172%Mar 22, 2022Yield to maturity2.455%Mar 30, 2022Yield to maturity2.465%Apr 7, 2022Yield to maturity2.761%Apr 18, 2022Yield to maturity2.877%Apr 26, 2022Yield to maturity2.831%May 4, 2022Yield to maturity2.993%May 12, 2022Yield to maturity2.883%May 20, 2022Yield to maturity2.844%May 31, 2022Yield to maturity2.897%Jun 8, 2022Yield to maturity3.092%Jun 16, 2022Yield to maturity3.399%Jun 27, 2022Yield to maturity3.306%Jul 6, 2022Yield to maturity3.026%Jul 14, 2022Yield to maturity3.098%Jul 22, 2022Yield to maturity2.897%Aug 1, 2022Yield to maturity2.695%Aug 9, 2022Yield to maturity2.969%Aug 17, 2022Yield to maturity3.061%Aug 25, 2022Yield to maturity3.196%Sep 2, 2022Yield to maturity3.355%Sep 13, 2022Yield to maturity3.597%Sep 21, 2022Yield to maturity3.746%Sep 29, 2022Yield to maturity4.010%Oct 7, 2022Yield to maturity4.156%Oct 18, 2022Yield to maturity4.234%Oct 26, 2022Yield to maturity4.232%Nov 3, 2022Yield to maturity4.379%Nov 14, 2022Yield to maturity4.031%Nov 22, 2022Yield to maturity3.955%Dec 1, 2022Yield to maturity3.701%Dec 9, 2022Yield to maturity3.773%Dec 19, 2022Yield to maturity3.729%Dec 28, 2022Yield to maturity4.017%Jan 6, 2023Yield to maturity3.707%Jan 17, 2023Yield to maturity3.625%Jan 25, 2023Yield to maturity3.567%Feb 2, 2023Yield to maturity3.496%Feb 10, 2023Yield to maturity3.929%Feb 21, 2023Yield to maturity4.157%Mar 1, 2023Yield to maturity4.261%Mar 9, 2023Yield to maturity4.209%Mar 17, 2023Yield to maturity3.514%Mar 27, 2023Yield to maturity3.661%Apr 4, 2023Yield to maturity3.430%Apr 12, 2023Yield to maturity3.494%Apr 20, 2023Yield to maturity3.663%Apr 28, 2023Yield to maturity3.557%May 8, 2023Yield to maturity3.539%May 16, 2023Yield to maturity3.570%May 24, 2023Yield to maturity3.828%Jun 2, 2023Yield to maturity3.879%Jun 12, 2023Yield to maturity3.933%Jun 21, 2023Yield to maturity3.975%Jun 29, 2023Yield to maturity4.149%Jul 10, 2023Yield to maturity4.262%Jul 18, 2023Yield to maturity4.023%Jul 26, 2023Yield to maturity4.124%Aug 3, 2023Yield to maturity4.332%Aug 11, 2023Yield to maturity4.334%Aug 21, 2023Yield to maturity4.493%Aug 29, 2023Yield to maturity4.308%Sep 7, 2023Yield to maturity4.431%Sep 15, 2023Yield to maturity4.503%Sep 25, 2023Yield to maturity4.667%Oct 3, 2023Yield to maturity4.850%Oct 12, 2023Yield to maturity4.732%Oct 20, 2023Yield to maturity4.905%Oct 30, 2023Yield to maturity4.857%Nov 7, 2023Yield to maturity4.584%Nov 15, 2023Yield to maturity4.567%Nov 24, 2023Yield to maturity4.540%Dec 4, 2023Yield to maturity4.290%Dec 12, 2023Yield to maturity4.280%Dec 20, 2023Yield to maturity3.920%Dec 29, 2023Yield to maturity3.900%Jan 9, 2024Yield to maturity4.017%Jan 18, 2024Yield to maturity4.064%Jan 26, 2024Yield to maturity4.081%Feb 5, 2024Yield to maturity4.161%Feb 13, 2024Yield to maturity4.349%Feb 22, 2024Yield to maturity4.383%Mar 1, 2024Yield to maturity4.210%Mar 11, 2024Yield to maturity4.141%Mar 19, 2024Yield to maturity4.366%Mar 27, 2024Yield to maturity4.246%Apr 4, 2024Yield to maturity4.346%Apr 12, 2024Yield to maturity4.598%Apr 22, 2024Yield to maturity4.711%Apr 30, 2024Yield to maturity4.782%May 8, 2024Yield to maturity4.562%May 16, 2024Yield to maturity4.456%May 24, 2024Yield to maturity4.594%Jun 4, 2024Yield to maturity4.417%Jun 12, 2024Yield to maturity4.389%Jun 21, 2024Yield to maturity4.341%Jul 1, 2024Yield to maturity4.510%Jul 10, 2024Yield to maturity4.305%Jul 18, 2024Yield to maturity4.169%Jul 26, 2024Yield to maturity4.135%Aug 5, 2024Yield to maturity3.660%Aug 13, 2024Yield to maturity3.726%Aug 21, 2024Yield to maturity3.704%Aug 29, 2024Yield to maturity3.727%Sep 9, 2024Yield to maturity3.522%Sep 17, 2024Yield to maturity3.463%Sep 25, 2024Yield to maturity3.539%Oct 3, 2024Yield to maturity3.653%Oct 11, 2024Yield to maturity3.904%Oct 22, 2024Yield to maturity4.023%Oct 30, 2024Yield to maturity4.162%Nov 7, 2024Yield to maturity4.208%Nov 18, 2024Yield to maturity4.300%Nov 26, 2024Yield to maturity4.241%Dec 5, 2024Yield to maturity4.115%Dec 13, 2024Yield to maturity4.265%Dec 23, 2024Yield to maturity4.432%Jan 2, 2025Yield to maturity4.357%Jan 10, 2025Yield to maturity4.553%Jan 21, 2025Yield to maturity4.383%Jan 29, 2025Yield to maturity4.322%Feb 6, 2025Yield to maturity4.260%Feb 14, 2025Yield to maturity4.318%Feb 25, 2025Yield to maturity4.121%Mar 5, 2025Yield to maturity4.047%Mar 13, 2025Yield to maturity3.982%Mar 21, 2025Yield to maturity3.963%Mar 31, 2025Yield to maturity3.918%Apr 8, 2025Yield to maturity3.790%Apr 16, 2025Yield to maturity3.817%Apr 24, 2025Yield to maturity3.834%May 2, 2025Yield to maturity3.845%May 12, 2025Yield to maturity4.024%May 20, 2025Yield to maturity3.978%May 29, 2025Yield to maturity3.945%Jun 6, 2025Yield to maturity4.056%Jun 16, 2025Yield to maturity3.965%Jun 25, 2025Yield to maturity3.765%Jul 3, 2025Yield to maturity3.880%Jul 14, 2025Yield to maturity3.887%Jul 22, 2025Yield to maturity3.793%Jul 30, 2025Yield to maturity3.903%Aug 7, 2025Yield to maturity3.705%Aug 15, 2025Yield to maturity3.740%Aug 25, 2025Yield to maturity3.689%Sep 3, 2025Yield to maturity3.594%Sep 11, 2025Yield to maturity3.518%Sep 19, 2025Yield to maturity3.588%Sep 29, 2025Yield to maturity3.642%Oct 7, 2025Yield to maturity3.589%Oct 16, 2025Yield to maturity3.430%Oct 24, 2025Yield to maturity3.488%Nov 3, 2025Yield to maturity3.616%Nov 12, 2025Yield to maturity3.577%Nov 20, 2025Yield to maturity3.559%Dec 1, 2025Yield to maturity3.560%Dec 9, 2025Yield to maturity3.643%Dec 17, 2025Yield to maturity3.524%Dec 26, 2025Yield to maturity3.525%Jan 6, 2026Yield to maturity3.521%Jan 14, 2026Yield to maturity3.555%Jan 23, 2026Yield to maturity3.649%Feb 2, 2026Yield to maturity3.617%Feb 10, 2026Yield to maturity3.504%Feb 19, 2026Yield to maturity3.487%Feb 27, 2026Yield to maturity3.390%Mar 9, 2026Yield to maturity3.575%Mar 17, 2026Yield to maturity3.680%Mar 25, 2026Yield to maturity3.901%Apr 2, 2026Yield to maturity3.811%Apr 10, 2026Yield to maturity3.827%Apr 20, 2026Yield to maturity3.736%Apr 28, 2026Yield to maturity3.862%May 6, 2026Yield to maturity3.888%May 14, 2026Yield to maturity4.019%May 22, 2026Yield to maturity4.163%Jun 2, 2026Yield to maturity4.070%Jun 10, 2026Yield to maturity4.160%Jun 18, 2026Yield to maturity4.201%Jun 29, 2026Yield to maturity4.121%Jul 8, 2026Yield to maturity4.219%Jul 16, 2026Yield to maturity4.186%Jul 24, 2026Yield to maturity4.357%Aug 3, 2026Yield to maturity4.275%Aug 11, 2026Yield to maturity4.241%Aug 19, 2026Yield to maturity4.190%Aug 27, 2026Yield to maturity4.241%Sep 4, 2026Yield to maturity4.392%Sep 9, 2026Yield to maturity4.436%

Price history

1,257 trading days to Sep 9, 2026

80859095100105Aug 31, 2021Sep 9, 2026Aug 31, 2021Close100.313Sep 9, 2021Close100.313Sep 17, 2021Close99.719Sep 27, 2021Close98.906Oct 5, 2021Close98.813Oct 14, 2021Close98.625Oct 22, 2021Close97.656Nov 1, 2021Close97.875Nov 9, 2021Close98.781Nov 18, 2021Close97.813Nov 29, 2021Close98.188Dec 7, 2021Close98.125Dec 15, 2021Close98.156Dec 23, 2021Close98.188Jan 3, 2022Close97.375Jan 11, 2022Close96.563Jan 20, 2022Close96.000Jan 28, 2022Close96.188Feb 7, 2022Close95.313Feb 15, 2022Close94.406Feb 24, 2022Close95.031Mar 4, 2022Close96.406Mar 14, 2022Close93.719Mar 22, 2022Close92.125Mar 30, 2022Close92.094Apr 7, 2022Close90.469Apr 18, 2022Close89.875Apr 26, 2022Close90.156May 4, 2022Close89.313May 12, 2022Close89.938May 20, 2022Close90.188May 31, 2022Close89.938Jun 8, 2022Close88.938Jun 16, 2022Close87.375Jun 27, 2022Close87.906Jul 6, 2022Close89.406Jul 14, 2022Close89.063Jul 22, 2022Close90.156Aug 1, 2022Close91.250Aug 9, 2022Close89.844Aug 17, 2022Close89.406Aug 25, 2022Close88.750Sep 2, 2022Close88.000Sep 13, 2022Close86.844Sep 21, 2022Close86.156Sep 29, 2022Close84.938Oct 7, 2022Close84.313Oct 18, 2022Close84.000Oct 26, 2022Close84.063Nov 3, 2022Close83.438Nov 14, 2022Close85.125Nov 22, 2022Close85.531Dec 1, 2022Close86.781Dec 9, 2022Close86.500Dec 19, 2022Close86.750Dec 28, 2022Close85.469Jan 6, 2023Close86.969Jan 17, 2023Close87.406Jan 25, 2023Close87.719Feb 2, 2023Close88.094Feb 10, 2023Close86.156Feb 21, 2023Close85.188Mar 1, 2023Close84.781Mar 9, 2023Close85.063Mar 17, 2023Close88.250Mar 27, 2023Close87.625Apr 4, 2023Close88.719Apr 12, 2023Close88.469Apr 20, 2023Close87.750Apr 28, 2023Close88.281May 8, 2023Close88.406May 16, 2023Close88.313May 24, 2023Close87.219Jun 2, 2023Close87.063Jun 12, 2023Close86.875Jun 21, 2023Close86.750Jun 29, 2023Close86.063Jul 10, 2023Close85.656Jul 18, 2023Close86.719Jul 26, 2023Close86.344Aug 3, 2023Close85.531Aug 11, 2023Close85.594Aug 21, 2023Close85.000Aug 29, 2023Close85.813Sep 7, 2023Close85.375Sep 15, 2023Close85.156Sep 25, 2023Close84.563Oct 3, 2023Close83.906Oct 12, 2023Close84.438Oct 20, 2023Close83.844Oct 30, 2023Close84.094Nov 7, 2023Close85.219Nov 15, 2023Close85.344Nov 24, 2023Close85.531Dec 4, 2023Close86.563Dec 12, 2023Close86.656Dec 20, 2023Close88.125Dec 29, 2023Close88.281Jan 9, 2024Close87.875Jan 18, 2024Close87.750Jan 26, 2024Close87.750Feb 5, 2024Close87.500Feb 13, 2024Close86.844Feb 22, 2024Close86.781Mar 1, 2024Close87.500Mar 11, 2024Close87.813Mar 19, 2024Close87.031Mar 27, 2024Close87.531Apr 4, 2024Close87.219Apr 12, 2024Close86.375Apr 22, 2024Close86.031Apr 30, 2024Close85.844May 8, 2024Close86.688May 16, 2024Close87.125May 24, 2024Close86.719Jun 4, 2024Close87.406Jun 12, 2024Close87.563Jun 21, 2024Close87.813Jul 1, 2024Close87.281Jul 10, 2024Close88.063Jul 18, 2024Close88.594Jul 26, 2024Close88.781Aug 5, 2024Close90.500Aug 13, 2024Close90.313Aug 21, 2024Close90.438Aug 29, 2024Close90.406Sep 9, 2024Close91.188Sep 17, 2024Close91.438Sep 25, 2024Close91.219Oct 3, 2024Close90.875Oct 11, 2024Close90.094Oct 22, 2024Close89.750Oct 30, 2024Close89.344Nov 7, 2024Close89.250Nov 18, 2024Close89.031Nov 26, 2024Close89.281Dec 5, 2024Close89.750Dec 13, 2024Close89.344Dec 23, 2024Close88.875Jan 2, 2025Close89.188Jan 10, 2025Close88.656Jan 21, 2025Close89.250Jan 29, 2025Close89.500Feb 6, 2025Close89.750Feb 14, 2025Close89.656Feb 25, 2025Close90.313Mar 5, 2025Close90.594Mar 13, 2025Close90.844Mar 21, 2025Close90.969Mar 31, 2025Close91.156Apr 8, 2025Close91.594Apr 16, 2025Close91.563Apr 24, 2025Close91.563May 2, 2025Close91.594May 12, 2025Close91.125May 20, 2025Close91.313May 29, 2025Close91.469Jun 6, 2025Close91.219Jun 16, 2025Close91.531Jun 25, 2025Close92.156Jul 3, 2025Close91.906Jul 14, 2025Close91.938Jul 22, 2025Close92.250Jul 30, 2025Close92.000Aug 7, 2025Close92.594Aug 15, 2025Close92.563Aug 25, 2025Close92.750Sep 3, 2025Close93.063Sep 11, 2025Close93.313Sep 19, 2025Close93.188Sep 29, 2025Close93.094Oct 7, 2025Close93.281Oct 16, 2025Close93.750Oct 24, 2025Close93.656Nov 3, 2025Close93.375Nov 12, 2025Close93.531Nov 20, 2025Close93.625Dec 1, 2025Close93.688Dec 9, 2025Close93.531Dec 17, 2025Close93.875Dec 26, 2025Close93.938Jan 6, 2026Close94.000Jan 14, 2026Close93.969Jan 23, 2026Close93.813Feb 2, 2026Close93.938Feb 10, 2026Close94.250Feb 19, 2026Close94.344Feb 27, 2026Close94.625Mar 9, 2026Close94.250Mar 17, 2026Close94.063Mar 25, 2026Close93.625Apr 2, 2026Close93.875Apr 10, 2026Close93.906Apr 20, 2026Close94.156Apr 28, 2026Close93.938May 6, 2026Close93.938May 14, 2026Close93.719May 22, 2026Close93.500Jun 2, 2026Close93.750Jun 10, 2026Close93.625Jun 18, 2026Close93.625Jun 29, 2026Close93.844Jul 8, 2026Close93.719Jul 16, 2026Close93.844Jul 24, 2026Close93.594Aug 3, 2026Close93.813Aug 11, 2026Close93.938Aug 19, 2026Close94.094Aug 27, 2026Close94.063Sep 4, 2026Close93.875Sep 9, 2026Close93.813
The most recent 20 trading days of prices for 91282CCV1.
DateBidOfferClose
Sep 9, 202693.82893.81393.813
Sep 8, 202693.89193.87593.875
Sep 4, 202693.92293.90693.875
Sep 3, 202693.95393.93893.938
Sep 2, 202693.82893.81393.813
Sep 1, 202693.85993.84493.813
Aug 31, 202693.90693.90693.906
Aug 28, 202693.92293.90693.875
Aug 27, 202694.10994.09494.063
Aug 26, 202694.07894.06394.063
Aug 25, 202694.10994.09494.094
Aug 24, 202694.04794.03194.000
Aug 21, 202694.01694.00094.000
Aug 20, 202694.07894.06394.094
Aug 19, 202694.07894.06394.094
Aug 18, 202694.09494.09494.063
Aug 17, 202694.10994.09494.063
Aug 14, 202694.14194.12594.094
Aug 13, 202694.10994.09494.094
Aug 12, 202694.01694.00093.969

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.

Auction

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 91282CCV1.
Auction dateIssuedTypeOfferedAcceptedBid to coverHigh yield
Aug 26, 2021Aug 31, 2021New issue$62.0bn$69.8bn2.34x1.155%

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.