Treasury note

91282CCZ2 · 0.875% due September 30, 2026

Original term
5-Year
Maturity
Sep 30, 2026
Coupon
0.875%
Pays
Semi-Annual
Dated
Sep 30, 2021
First coupon
Mar 31, 2022
Priced through
Sep 9, 2026
Analyzed through
Sep 9, 2026

Statement of August 31, 2026

Amount outstanding
$68.25bn
Held stripped
$28.8m
Share stripped
0.04%

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
withheld
Modified duration
0.055 yr
DV01
0.0005
Convexity
0.006
Dirty price
100.233

Yield and duration are withheld this close to maturity, not missing. Inside a month a Treasury trades on settlement mechanics rather than on yield, and its price is a rounding of par, annualizing a two-day stub produces a number in the tens of percent that would be arithmetically correct and completely misleading. The price, the residual and the key rate durations below are unaffected.

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. All of it sits at 3M. For a security with a single remaining cashflow that is the true shape, not missing data.

Against the fitted curve

Priced 0.56 cents per 100 of face rich to the curve on that day.

Shown as a price rather than a yield. This security was close enough to maturity that annualizing is meaningless, the same reason it carries no yield to maturity above, and the same difference quoted in basis points would read as an enormous mispricing rather than the few cents it is.

Yield to maturity, 1,236 observations

0%1%2%3%4%5%6%Sep 30, 2021Sep 9, 2026Sep 30, 2021Yield to maturity0.984%Oct 8, 2021Yield to maturity1.050%Oct 19, 2021Yield to maturity1.155%Oct 27, 2021Yield to maturity1.143%Nov 4, 2021Yield to maturity1.085%Nov 15, 2021Yield to maturity1.246%Nov 23, 2021Yield to maturity1.315%Dec 2, 2021Yield to maturity1.196%Dec 10, 2021Yield to maturity1.245%Dec 20, 2021Yield to maturity1.172%Dec 29, 2021Yield to maturity1.283%Jan 6, 2022Yield to maturity1.465%Jan 14, 2022Yield to maturity1.546%Jan 25, 2022Yield to maturity1.557%Feb 2, 2022Yield to maturity1.602%Feb 10, 2022Yield to maturity1.967%Feb 18, 2022Yield to maturity1.828%Mar 1, 2022Yield to maturity1.578%Mar 9, 2022Yield to maturity1.896%Mar 17, 2022Yield to maturity2.199%Mar 25, 2022Yield to maturity2.597%Apr 4, 2022Yield to maturity2.628%Apr 12, 2022Yield to maturity2.692%Apr 21, 2022Yield to maturity2.986%Apr 29, 2022Yield to maturity2.959%May 9, 2022Yield to maturity2.953%May 17, 2022Yield to maturity2.980%May 25, 2022Yield to maturity2.740%Jun 3, 2022Yield to maturity2.972%Jun 13, 2022Yield to maturity3.607%Jun 22, 2022Yield to maturity3.268%Jun 30, 2022Yield to maturity3.038%Jul 11, 2022Yield to maturity3.087%Jul 19, 2022Yield to maturity3.191%Jul 27, 2022Yield to maturity2.882%Aug 4, 2022Yield to maturity2.851%Aug 12, 2022Yield to maturity3.059%Aug 22, 2022Yield to maturity3.278%Aug 30, 2022Yield to maturity3.404%Sep 8, 2022Yield to maturity3.498%Sep 16, 2022Yield to maturity3.749%Sep 26, 2022Yield to maturity4.294%Oct 4, 2022Yield to maturity3.981%Oct 13, 2022Yield to maturity4.372%Oct 21, 2022Yield to maturity4.471%Oct 31, 2022Yield to maturity4.387%Nov 8, 2022Yield to maturity4.464%Nov 17, 2022Yield to maturity4.105%Nov 28, 2022Yield to maturity4.092%Dec 6, 2022Yield to maturity3.919%Dec 14, 2022Yield to maturity3.813%Dec 22, 2022Yield to maturity3.935%Jan 3, 2023Yield to maturity4.088%Jan 11, 2023Yield to maturity3.815%Jan 20, 2023Yield to maturity3.713%Jan 30, 2023Yield to maturity3.847%Feb 7, 2023Yield to maturity4.023%Feb 15, 2023Yield to maturity4.243%Feb 24, 2023Yield to maturity4.434%Mar 6, 2023Yield to maturity4.507%Mar 14, 2023Yield to maturity4.006%Mar 22, 2023Yield to maturity3.741%Mar 30, 2023Yield to maturity3.861%Apr 7, 2023Yield to maturity3.679%Apr 17, 2023Yield to maturity3.861%Apr 25, 2023Yield to maturity3.580%May 3, 2023Yield to maturity3.525%May 11, 2023Yield to maturity3.521%May 19, 2023Yield to maturity3.922%May 30, 2023Yield to maturity4.051%Jun 7, 2023Yield to maturity4.137%Jun 15, 2023Yield to maturity4.159%Jun 26, 2023Yield to maturity4.211%Jul 5, 2023Yield to maturity4.504%Jul 13, 2023Yield to maturity4.147%Jul 21, 2023Yield to maturity4.355%Jul 31, 2023Yield to maturity4.448%Aug 8, 2023Yield to maturity4.335%Aug 16, 2023Yield to maturity4.637%Aug 24, 2023Yield to maturity4.628%Sep 1, 2023Yield to maturity4.511%Sep 12, 2023Yield to maturity4.644%Sep 20, 2023Yield to maturity4.791%Sep 28, 2023Yield to maturity4.808%Oct 6, 2023Yield to maturity4.859%Oct 17, 2023Yield to maturity4.975%Oct 25, 2023Yield to maturity4.956%Nov 2, 2023Yield to maturity4.749%Nov 10, 2023Yield to maturity4.798%Nov 20, 2023Yield to maturity4.614%Nov 29, 2023Yield to maturity4.394%Dec 7, 2023Yield to maturity4.308%Dec 15, 2023Yield to maturity4.164%Dec 26, 2023Yield to maturity4.091%Jan 4, 2024Yield to maturity4.158%Jan 12, 2024Yield to maturity3.948%Jan 23, 2024Yield to maturity4.182%Jan 31, 2024Yield to maturity4.077%Feb 8, 2024Yield to maturity4.277%Feb 16, 2024Yield to maturity4.464%Feb 27, 2024Yield to maturity4.549%Mar 6, 2024Yield to maturity4.388%Mar 14, 2024Yield to maturity4.529%Mar 22, 2024Yield to maturity4.443%Apr 1, 2024Yield to maturity4.601%Apr 9, 2024Yield to maturity4.634%Apr 17, 2024Yield to maturity4.841%Apr 25, 2024Yield to maturity4.920%May 3, 2024Yield to maturity4.715%May 13, 2024Yield to maturity4.765%May 21, 2024Yield to maturity4.726%May 30, 2024Yield to maturity4.843%Jun 7, 2024Yield to maturity4.767%Jun 17, 2024Yield to maturity4.635%Jun 26, 2024Yield to maturity4.660%Jul 5, 2024Yield to maturity4.523%Jul 15, 2024Yield to maturity4.370%Jul 23, 2024Yield to maturity4.389%Jul 31, 2024Yield to maturity4.249%Aug 8, 2024Yield to maturity3.994%Aug 16, 2024Yield to maturity4.002%Aug 26, 2024Yield to maturity3.871%Sep 4, 2024Yield to maturity3.742%Sep 12, 2024Yield to maturity3.624%Sep 20, 2024Yield to maturity3.544%Sep 30, 2024Yield to maturity3.657%Oct 8, 2024Yield to maturity3.980%Oct 17, 2024Yield to maturity3.985%Oct 25, 2024Yield to maturity4.118%Nov 4, 2024Yield to maturity4.191%Nov 13, 2024Yield to maturity4.307%Nov 21, 2024Yield to maturity4.367%Dec 2, 2024Yield to maturity4.218%Dec 10, 2024Yield to maturity4.184%Dec 18, 2024Yield to maturity4.378%Dec 27, 2024Yield to maturity4.341%Jan 7, 2025Yield to maturity4.311%Jan 15, 2025Yield to maturity4.276%Jan 24, 2025Yield to maturity4.277%Feb 3, 2025Yield to maturity4.281%Feb 11, 2025Yield to maturity4.306%Feb 20, 2025Yield to maturity4.275%Feb 28, 2025Yield to maturity4.056%Mar 10, 2025Yield to maturity3.950%Mar 18, 2025Yield to maturity4.104%Mar 26, 2025Yield to maturity4.062%Apr 3, 2025Yield to maturity3.816%Apr 11, 2025Yield to maturity4.054%Apr 21, 2025Yield to maturity3.847%Apr 29, 2025Yield to maturity3.799%May 7, 2025Yield to maturity3.916%May 15, 2025Yield to maturity4.062%May 23, 2025Yield to maturity4.133%Jun 3, 2025Yield to maturity4.111%Jun 11, 2025Yield to maturity4.089%Jun 20, 2025Yield to maturity4.060%Jun 30, 2025Yield to maturity3.929%Jul 9, 2025Yield to maturity4.045%Jul 17, 2025Yield to maturity4.103%Jul 25, 2025Yield to maturity4.093%Aug 4, 2025Yield to maturity3.896%Aug 12, 2025Yield to maturity3.896%Aug 20, 2025Yield to maturity3.926%Aug 28, 2025Yield to maturity3.866%Sep 8, 2025Yield to maturity3.703%Sep 16, 2025Yield to maturity3.699%Sep 24, 2025Yield to maturity3.728%Oct 2, 2025Yield to maturity3.659%Oct 10, 2025Yield to maturity3.644%Oct 21, 2025Yield to maturity3.605%Oct 29, 2025Yield to maturity3.741%Nov 6, 2025Yield to maturity3.702%Nov 17, 2025Yield to maturity3.725%Nov 25, 2025Yield to maturity3.684%Dec 4, 2025Yield to maturity3.689%Dec 12, 2025Yield to maturity3.622%Dec 22, 2025Yield to maturity3.574%Dec 31, 2025Yield to maturity3.587%Jan 9, 2026Yield to maturity3.601%Jan 20, 2026Yield to maturity3.652%Jan 28, 2026Yield to maturity3.647%Feb 5, 2026Yield to maturity3.591%Feb 13, 2026Yield to maturity3.620%Feb 24, 2026Yield to maturity3.667%Mar 4, 2026Yield to maturity3.719%Mar 12, 2026Yield to maturity3.716%Mar 20, 2026Yield to maturity3.804%Mar 30, 2026Yield to maturity3.805%Apr 7, 2026Yield to maturity3.802%Apr 15, 2026Yield to maturity3.729%Apr 23, 2026Yield to maturity3.724%May 1, 2026Yield to maturity3.756%May 11, 2026Yield to maturity3.751%May 19, 2026Yield to maturity3.747%May 28, 2026Yield to maturity3.766%Jun 5, 2026Yield to maturity3.813%Jun 15, 2026Yield to maturity3.704%Jun 24, 2026Yield to maturity3.845%Jul 2, 2026Yield to maturity3.818%Jul 13, 2026Yield to maturity3.822%Jul 21, 2026Yield to maturity3.827%Jul 29, 2026Yield to maturity3.835%Aug 6, 2026Yield to maturity3.845%Aug 14, 2026Yield to maturity3.735%Aug 24, 2026Yield to maturity3.732%

Price history

1,236 trading days to Sep 9, 2026

85.087.590.092.595.097.5100.0Sep 30, 2021Sep 9, 2026Sep 30, 2021Close99.469Oct 8, 2021Close99.156Oct 19, 2021Close98.656Oct 27, 2021Close98.719Nov 4, 2021Close99.000Nov 15, 2021Close98.250Nov 23, 2021Close97.938Dec 2, 2021Close98.500Dec 10, 2021Close98.281Dec 20, 2021Close98.625Dec 29, 2021Close98.125Jan 6, 2022Close97.313Jan 14, 2022Close96.969Jan 25, 2022Close96.938Feb 2, 2022Close96.750Feb 10, 2022Close95.188Feb 18, 2022Close95.813Mar 1, 2022Close96.906Mar 9, 2022Close95.563Mar 17, 2022Close94.313Mar 25, 2022Close92.719Apr 4, 2022Close92.625Apr 12, 2022Close92.406Apr 21, 2022Close91.281Apr 29, 2022Close91.438May 9, 2022Close91.500May 17, 2022Close91.438May 25, 2022Close92.406Jun 3, 2022Close91.563Jun 13, 2022Close89.219Jun 22, 2022Close90.531Jun 30, 2022Close91.438Jul 11, 2022Close91.313Jul 19, 2022Close90.969Jul 27, 2022Close92.156Aug 4, 2022Close92.313Aug 12, 2022Close91.594Aug 22, 2022Close90.844Aug 30, 2022Close90.438Sep 8, 2022Close90.156Sep 16, 2022Close89.344Sep 26, 2022Close87.531Oct 4, 2022Close88.656Oct 13, 2022Close87.406Oct 21, 2022Close87.156Oct 31, 2022Close87.500Nov 8, 2022Close87.313Nov 17, 2022Close88.563Nov 28, 2022Close88.688Dec 6, 2022Close89.313Dec 14, 2022Close89.719Dec 22, 2022Close89.375Jan 3, 2023Close88.969Jan 11, 2023Close89.906Jan 20, 2023Close90.313Jan 30, 2023Close89.938Feb 7, 2023Close89.438Feb 15, 2023Close88.813Feb 24, 2023Close88.313Mar 6, 2023Close88.156Mar 14, 2023Close89.750Mar 22, 2023Close90.625Mar 30, 2023Close90.313Apr 7, 2023Close90.938Apr 17, 2023Close90.438Apr 25, 2023Close91.344May 3, 2023Close91.563May 11, 2023Close91.625May 19, 2023Close90.500May 30, 2023Close90.188Jun 7, 2023Close90.000Jun 15, 2023Close90.000Jun 26, 2023Close89.938Jul 5, 2023Close89.188Jul 13, 2023Close90.250Jul 21, 2023Close89.750Jul 31, 2023Close89.563Aug 8, 2023Close89.938Aug 16, 2023Close89.188Aug 24, 2023Close89.281Sep 1, 2023Close89.688Sep 12, 2023Close89.406Sep 20, 2023Close89.094Sep 28, 2023Close89.125Oct 6, 2023Close89.094Oct 17, 2023Close88.875Oct 25, 2023Close89.000Nov 2, 2023Close89.594Nov 10, 2023Close89.563Nov 20, 2023Close90.094Nov 29, 2023Close90.719Dec 7, 2023Close91.000Dec 15, 2023Close91.438Dec 26, 2023Close91.688Jan 4, 2024Close91.594Jan 12, 2024Close92.188Jan 23, 2024Close91.688Jan 31, 2024Close92.000Feb 8, 2024Close91.594Feb 16, 2024Close91.250Feb 27, 2024Close91.125Mar 6, 2024Close91.563Mar 14, 2024Close91.313Mar 22, 2024Close91.594Apr 1, 2024Close91.313Apr 9, 2024Close91.313Apr 17, 2024Close90.938Apr 25, 2024Close90.844May 3, 2024Close91.375May 13, 2024Close91.344May 21, 2024Close91.500May 30, 2024Close91.344Jun 7, 2024Close91.594Jun 17, 2024Close91.938Jun 26, 2024Close91.969Jul 5, 2024Close92.344Jul 15, 2024Close92.719Jul 23, 2024Close92.750Jul 31, 2024Close93.094Aug 8, 2024Close93.656Aug 16, 2024Close93.719Aug 26, 2024Close94.031Sep 4, 2024Close94.344Sep 12, 2024Close94.625Sep 20, 2024Close94.844Sep 30, 2024Close94.688Oct 8, 2024Close94.156Oct 17, 2024Close94.219Oct 25, 2024Close94.063Nov 4, 2024Close94.000Nov 13, 2024Close93.875Nov 21, 2024Close93.844Dec 2, 2024Close94.188Dec 10, 2024Close94.313Dec 18, 2024Close94.063Dec 27, 2024Close94.219Jan 7, 2025Close94.344Jan 15, 2025Close94.469Jan 24, 2025Close94.563Feb 3, 2025Close94.625Feb 11, 2025Close94.656Feb 20, 2025Close94.781Feb 28, 2025Close95.188Mar 10, 2025Close95.406Mar 18, 2025Close95.250Mar 26, 2025Close95.375Apr 3, 2025Close95.781Apr 11, 2025Close95.531Apr 21, 2025Close95.875Apr 29, 2025Close96.000May 7, 2025Close95.906May 15, 2025Close95.781May 23, 2025Close95.781Jun 3, 2025Close95.875Jun 11, 2025Close95.969Jun 20, 2025Close96.094Jun 30, 2025Close96.313Jul 9, 2025Close96.250Jul 17, 2025Close96.250Jul 25, 2025Close96.344Aug 4, 2025Close96.625Aug 12, 2025Close96.688Aug 20, 2025Close96.719Aug 28, 2025Close96.844Sep 8, 2025Close97.094Sep 16, 2025Close97.156Sep 24, 2025Close97.188Oct 2, 2025Close97.313Oct 10, 2025Close97.406Oct 21, 2025Close97.500Oct 29, 2025Close97.438Nov 6, 2025Close97.531Nov 17, 2025Close97.594Nov 25, 2025Close97.688Dec 4, 2025Close97.750Dec 12, 2025Close97.875Dec 22, 2025Close97.969Dec 31, 2025Close98.031Jan 9, 2026Close98.094Jan 20, 2026Close98.125Jan 28, 2026Close98.188Feb 5, 2026Close98.281Feb 13, 2026Close98.344Feb 24, 2026Close98.375Mar 4, 2026Close98.406Mar 12, 2026Close98.469Mar 20, 2026Close98.500Mar 30, 2026Close98.563Apr 7, 2026Close98.625Apr 15, 2026Close98.719Apr 23, 2026Close98.781May 1, 2026Close98.844May 11, 2026Close98.906May 19, 2026Close98.969May 28, 2026Close99.031Jun 5, 2026Close99.094Jun 15, 2026Close99.188Jun 24, 2026Close99.219Jul 2, 2026Close99.313Jul 13, 2026Close99.375Jul 21, 2026Close99.438Jul 29, 2026Close99.500Aug 6, 2026Close99.563Aug 14, 2026Close99.656Aug 24, 2026Close99.719Sep 1, 2026Close99.781Sep 9, 2026Close99.844
The most recent 20 trading days of prices for 91282CCZ2.
DateBidOfferClose
Sep 9, 2026–99.84499.844
Sep 8, 2026–99.84499.844
Sep 4, 2026–99.81399.813
Sep 3, 2026–99.78199.781
Sep 2, 2026–99.78199.781
Sep 1, 2026–99.78199.781
Aug 31, 2026–99.75099.750
Aug 28, 2026–99.75099.750
Aug 27, 2026–99.75099.750
Aug 26, 2026–99.71999.719
Aug 25, 2026–99.71999.719
Aug 24, 2026–99.71999.719
Aug 21, 2026–99.68899.688
Aug 20, 2026–99.68899.688
Aug 19, 2026–99.68899.688
Aug 18, 2026–99.65699.656
Aug 17, 2026–99.65699.656
Aug 14, 2026–99.65699.656
Aug 13, 2026–99.62599.625
Aug 12, 2026–99.62599.625

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 91282CCZ2.
Auction dateIssuedTypeOfferedAcceptedBid to coverHigh yield
Sep 27, 2021Sep 30, 2021New issue$61.0bn$68.3bn2.37x0.990%

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.