Treasury note

91282CHJ3 · 3.75% due June 30, 2030

Original term
7-Year
Maturity
Jun 30, 2030
Coupon
3.750%
Pays
Semi-Annual
Dated
Jun 30, 2023
First coupon
Dec 31, 2023
Priced through
Sep 9, 2026
Analyzed through
Sep 9, 2026

Statement of August 31, 2026

Amount outstanding
$34.10bn
Held stripped
$21.8m
Share stripped
0.06%

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
4.571%
Modified duration
3.472 yr
DV01
0.0340
Convexity
14.303
Dirty price
97.890

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 6 of twelve buckets, summing to 3.549 years against a modified duration of 3.472.

Against the fitted curve

Priced 0.4 bp rich to the curve on that day, 1.25 cents per 100 of face.

That is -1.10 standard deviations from its own typical residual.

Yield to maturity, 800 observations

3.00%3.50%4.00%4.50%5.00%5.50%Jun 30, 2023Sep 9, 2026Jun 30, 2023Yield to maturity3.972%Jul 7, 2023Yield to maturity4.225%Jul 13, 2023Yield to maturity3.853%Jul 19, 2023Yield to maturity3.869%Jul 25, 2023Yield to maturity4.052%Jul 31, 2023Yield to maturity4.090%Aug 4, 2023Yield to maturity4.112%Aug 10, 2023Yield to maturity4.176%Aug 16, 2023Yield to maturity4.377%Aug 22, 2023Yield to maturity4.443%Aug 28, 2023Yield to maturity4.330%Sep 1, 2023Yield to maturity4.272%Sep 8, 2023Yield to maturity4.360%Sep 14, 2023Yield to maturity4.388%Sep 20, 2023Yield to maturity4.467%Sep 26, 2023Yield to maturity4.630%Oct 2, 2023Yield to maturity4.745%Oct 6, 2023Yield to maturity4.804%Oct 13, 2023Yield to maturity4.676%Oct 19, 2023Yield to maturity5.021%Oct 25, 2023Yield to maturity4.989%Oct 31, 2023Yield to maturity4.910%Nov 6, 2023Yield to maturity4.677%Nov 10, 2023Yield to maturity4.697%Nov 16, 2023Yield to maturity4.482%Nov 22, 2023Yield to maturity4.478%Nov 29, 2023Yield to maturity4.300%Dec 5, 2023Yield to maturity4.211%Dec 11, 2023Yield to maturity4.291%Dec 15, 2023Yield to maturity3.952%Dec 21, 2023Yield to maturity3.920%Dec 28, 2023Yield to maturity3.876%Jan 4, 2024Yield to maturity4.009%Jan 10, 2024Yield to maturity4.032%Jan 17, 2024Yield to maturity4.078%Jan 23, 2024Yield to maturity4.112%Jan 29, 2024Yield to maturity4.034%Feb 2, 2024Yield to maturity4.029%Feb 8, 2024Yield to maturity4.165%Feb 14, 2024Yield to maturity4.287%Feb 21, 2024Yield to maturity4.340%Feb 27, 2024Yield to maturity4.353%Mar 4, 2024Yield to maturity4.250%Mar 8, 2024Yield to maturity4.095%Mar 14, 2024Yield to maturity4.322%Mar 20, 2024Yield to maturity4.288%Mar 26, 2024Yield to maturity4.254%Apr 1, 2024Yield to maturity4.355%Apr 5, 2024Yield to maturity4.409%Apr 11, 2024Yield to maturity4.619%Apr 17, 2024Yield to maturity4.627%Apr 23, 2024Yield to maturity4.635%Apr 29, 2024Yield to maturity4.662%May 3, 2024Yield to maturity4.501%May 9, 2024Yield to maturity4.472%May 15, 2024Yield to maturity4.360%May 21, 2024Yield to maturity4.439%May 28, 2024Yield to maturity4.581%Jun 3, 2024Yield to maturity4.431%Jun 7, 2024Yield to maturity4.457%Jun 13, 2024Yield to maturity4.247%Jun 20, 2024Yield to maturity4.266%Jun 26, 2024Yield to maturity4.340%Jul 2, 2024Yield to maturity4.409%Jul 9, 2024Yield to maturity4.264%Jul 15, 2024Yield to maturity4.162%Jul 19, 2024Yield to maturity4.187%Jul 25, 2024Yield to maturity4.188%Jul 31, 2024Yield to maturity3.995%Aug 6, 2024Yield to maturity3.773%Aug 12, 2024Yield to maturity3.785%Aug 16, 2024Yield to maturity3.797%Aug 22, 2024Yield to maturity3.761%Aug 28, 2024Yield to maturity3.719%Sep 4, 2024Yield to maturity3.629%Sep 10, 2024Yield to maturity3.497%Sep 16, 2024Yield to maturity3.473%Sep 20, 2024Yield to maturity3.550%Sep 26, 2024Yield to maturity3.616%Oct 2, 2024Yield to maturity3.603%Oct 8, 2024Yield to maturity3.909%Oct 15, 2024Yield to maturity3.903%Oct 21, 2024Yield to maturity4.028%Oct 25, 2024Yield to maturity4.117%Oct 31, 2024Yield to maturity4.187%Nov 6, 2024Yield to maturity4.322%Nov 13, 2024Yield to maturity4.343%Nov 19, 2024Yield to maturity4.287%Nov 25, 2024Yield to maturity4.198%Dec 2, 2024Yield to maturity4.117%Dec 6, 2024Yield to maturity4.073%Dec 12, 2024Yield to maturity4.215%Dec 18, 2024Yield to maturity4.418%Dec 24, 2024Yield to maturity4.480%Dec 31, 2024Yield to maturity4.423%Jan 7, 2025Yield to maturity4.504%Jan 13, 2025Yield to maturity4.646%Jan 17, 2025Yield to maturity4.455%Jan 24, 2025Yield to maturity4.470%Jan 30, 2025Yield to maturity4.351%Feb 5, 2025Yield to maturity4.279%Feb 11, 2025Yield to maturity4.408%Feb 18, 2025Yield to maturity4.437%Feb 24, 2025Yield to maturity4.271%Feb 28, 2025Yield to maturity4.072%Mar 6, 2025Yield to maturity4.106%Mar 12, 2025Yield to maturity4.127%Mar 18, 2025Yield to maturity4.108%Mar 24, 2025Yield to maturity4.129%Mar 28, 2025Yield to maturity4.015%Apr 3, 2025Yield to maturity3.776%Apr 9, 2025Yield to maturity4.091%Apr 15, 2025Yield to maturity4.017%Apr 21, 2025Yield to maturity4.005%Apr 25, 2025Yield to maturity3.917%May 1, 2025Yield to maturity3.843%May 7, 2025Yield to maturity3.898%May 13, 2025Yield to maturity4.152%May 19, 2025Yield to maturity4.091%May 23, 2025Yield to maturity4.120%May 30, 2025Yield to maturity4.003%Jun 5, 2025Yield to maturity4.025%Jun 11, 2025Yield to maturity4.040%Jun 17, 2025Yield to maturity4.006%Jun 24, 2025Yield to maturity3.874%Jun 30, 2025Yield to maturity3.805%Jul 7, 2025Yield to maturity3.973%Jul 11, 2025Yield to maturity4.002%Jul 17, 2025Yield to maturity4.017%Jul 23, 2025Yield to maturity3.953%Jul 29, 2025Yield to maturity3.919%Aug 4, 2025Yield to maturity3.756%Aug 8, 2025Yield to maturity3.841%Aug 14, 2025Yield to maturity3.827%Aug 20, 2025Yield to maturity3.813%Aug 26, 2025Yield to maturity3.749%Sep 2, 2025Yield to maturity3.742%Sep 8, 2025Yield to maturity3.571%Sep 12, 2025Yield to maturity3.627%Sep 18, 2025Yield to maturity3.670%Sep 24, 2025Yield to maturity3.720%Sep 30, 2025Yield to maturity3.735%Oct 6, 2025Yield to maturity3.749%Oct 10, 2025Yield to maturity3.640%Oct 17, 2025Yield to maturity3.581%Oct 23, 2025Yield to maturity3.603%Oct 29, 2025Yield to maturity3.698%Nov 4, 2025Yield to maturity3.690%Nov 10, 2025Yield to maturity3.697%Nov 17, 2025Yield to maturity3.712%Nov 21, 2025Yield to maturity3.601%Nov 28, 2025Yield to maturity3.585%Dec 4, 2025Yield to maturity3.660%Dec 10, 2025Yield to maturity3.697%Dec 16, 2025Yield to maturity3.659%Dec 22, 2025Yield to maturity3.682%Dec 29, 2025Yield to maturity3.636%Jan 5, 2026Yield to maturity3.666%Jan 9, 2026Yield to maturity3.719%Jan 15, 2026Yield to maturity3.734%Jan 22, 2026Yield to maturity3.811%Jan 28, 2026Yield to maturity3.796%Feb 3, 2026Yield to maturity3.788%Feb 9, 2026Yield to maturity3.703%Feb 13, 2026Yield to maturity3.570%Feb 20, 2026Yield to maturity3.616%Feb 26, 2026Yield to maturity3.553%Mar 4, 2026Yield to maturity3.647%Mar 10, 2026Yield to maturity3.694%Mar 16, 2026Yield to maturity3.781%Mar 20, 2026Yield to maturity3.998%Mar 26, 2026Yield to maturity4.079%Apr 1, 2026Yield to maturity3.934%Apr 7, 2026Yield to maturity3.927%Apr 13, 2026Yield to maturity3.879%Apr 17, 2026Yield to maturity3.806%Apr 23, 2026Yield to maturity3.929%Apr 29, 2026Yield to maturity4.020%May 5, 2026Yield to maturity4.038%May 11, 2026Yield to maturity4.039%May 15, 2026Yield to maturity4.233%May 21, 2026Yield to maturity4.218%May 28, 2026Yield to maturity4.135%Jun 3, 2026Yield to maturity4.196%Jun 9, 2026Yield to maturity4.241%Jun 15, 2026Yield to maturity4.165%Jun 22, 2026Yield to maturity4.288%Jun 26, 2026Yield to maturity4.126%Jul 2, 2026Yield to maturity4.214%Jul 9, 2026Yield to maturity4.250%Jul 15, 2026Yield to maturity4.226%Jul 21, 2026Yield to maturity4.342%Jul 27, 2026Yield to maturity4.388%Jul 31, 2026Yield to maturity4.418%Aug 6, 2026Yield to maturity4.366%Aug 12, 2026Yield to maturity4.332%Aug 18, 2026Yield to maturity4.325%Aug 24, 2026Yield to maturity4.373%Aug 28, 2026Yield to maturity4.457%Sep 3, 2026Yield to maturity4.477%Sep 9, 2026Yield to maturity4.571%

Price history

800 trading days to Sep 9, 2026

92949698100102Jun 30, 2023Sep 9, 2026Jun 30, 2023Close98.656Jul 7, 2023Close97.156Jul 13, 2023Close99.375Jul 19, 2023Close99.281Jul 25, 2023Close98.188Jul 31, 2023Close97.969Aug 4, 2023Close97.844Aug 10, 2023Close97.469Aug 16, 2023Close96.313Aug 22, 2023Close95.938Aug 28, 2023Close96.594Sep 1, 2023Close96.938Sep 8, 2023Close96.438Sep 14, 2023Close96.281Sep 20, 2023Close95.844Sep 26, 2023Close94.938Oct 2, 2023Close94.313Oct 6, 2023Close94.000Oct 13, 2023Close94.719Oct 19, 2023Close92.844Oct 25, 2023Close93.031Oct 31, 2023Close93.469Nov 6, 2023Close94.750Nov 10, 2023Close94.656Nov 16, 2023Close95.844Nov 22, 2023Close95.875Nov 29, 2023Close96.875Dec 5, 2023Close97.375Dec 11, 2023Close96.938Dec 15, 2023Close98.844Dec 21, 2023Close99.031Dec 28, 2023Close99.281Jan 4, 2024Close98.531Jan 10, 2024Close98.406Jan 17, 2024Close98.156Jan 23, 2024Close97.969Jan 29, 2024Close98.406Feb 2, 2024Close98.438Feb 8, 2024Close97.688Feb 14, 2024Close97.031Feb 21, 2024Close96.750Feb 27, 2024Close96.688Mar 4, 2024Close97.250Mar 8, 2024Close98.094Mar 14, 2024Close96.875Mar 20, 2024Close97.063Mar 26, 2024Close97.250Apr 1, 2024Close96.719Apr 5, 2024Close96.438Apr 11, 2024Close95.344Apr 17, 2024Close95.313Apr 23, 2024Close95.281Apr 29, 2024Close95.156May 3, 2024Close96.000May 9, 2024Close96.156May 15, 2024Close96.750May 21, 2024Close96.344May 28, 2024Close95.625Jun 3, 2024Close96.406Jun 7, 2024Close96.281Jun 13, 2024Close97.375Jun 20, 2024Close97.281Jun 26, 2024Close96.906Jul 2, 2024Close96.563Jul 9, 2024Close97.313Jul 15, 2024Close97.844Jul 19, 2024Close97.719Jul 25, 2024Close97.719Jul 31, 2024Close98.719Aug 6, 2024Close99.875Aug 12, 2024Close99.813Aug 16, 2024Close99.750Aug 22, 2024Close99.938Aug 28, 2024Close100.156Sep 4, 2024Close100.625Sep 10, 2024Close101.313Sep 16, 2024Close101.438Sep 20, 2024Close101.031Sep 26, 2024Close100.688Oct 2, 2024Close100.750Oct 8, 2024Close99.188Oct 15, 2024Close99.219Oct 21, 2024Close98.594Oct 25, 2024Close98.156Oct 31, 2024Close97.813Nov 6, 2024Close97.156Nov 13, 2024Close97.063Nov 19, 2024Close97.344Nov 25, 2024Close97.781Dec 2, 2024Close98.188Dec 6, 2024Close98.406Dec 12, 2024Close97.719Dec 18, 2024Close96.750Dec 24, 2024Close96.469Dec 31, 2024Close96.750Jan 7, 2025Close96.375Jan 13, 2025Close95.719Jan 17, 2025Close96.625Jan 24, 2025Close96.563Jan 30, 2025Close97.125Feb 5, 2025Close97.469Feb 11, 2025Close96.875Feb 18, 2025Close96.750Feb 24, 2025Close97.531Feb 28, 2025Close98.469Mar 6, 2025Close98.313Mar 12, 2025Close98.219Mar 18, 2025Close98.313Mar 24, 2025Close98.219Mar 28, 2025Close98.750Apr 3, 2025Close99.875Apr 9, 2025Close98.406Apr 15, 2025Close98.750Apr 21, 2025Close98.813Apr 25, 2025Close99.219May 1, 2025Close99.563May 7, 2025Close99.313May 13, 2025Close98.156May 19, 2025Close98.438May 23, 2025Close98.313May 30, 2025Close98.844Jun 5, 2025Close98.750Jun 11, 2025Close98.688Jun 17, 2025Close98.844Jun 24, 2025Close99.438Jun 30, 2025Close99.750Jul 7, 2025Close99.000Jul 11, 2025Close98.875Jul 17, 2025Close98.813Jul 23, 2025Close99.094Jul 29, 2025Close99.250Aug 4, 2025Close99.969Aug 8, 2025Close99.594Aug 14, 2025Close99.656Aug 20, 2025Close99.719Aug 26, 2025Close100.000Sep 2, 2025Close100.031Sep 8, 2025Close100.781Sep 12, 2025Close100.531Sep 18, 2025Close100.344Sep 24, 2025Close100.125Sep 30, 2025Close100.063Oct 6, 2025Close100.000Oct 10, 2025Close100.469Oct 17, 2025Close100.719Oct 23, 2025Close100.625Oct 29, 2025Close100.219Nov 4, 2025Close100.250Nov 10, 2025Close100.219Nov 17, 2025Close100.156Nov 21, 2025Close100.625Nov 28, 2025Close100.688Dec 4, 2025Close100.375Dec 10, 2025Close100.219Dec 16, 2025Close100.375Dec 22, 2025Close100.281Dec 29, 2025Close100.469Jan 5, 2026Close100.344Jan 9, 2026Close100.125Jan 15, 2026Close100.063Jan 22, 2026Close99.750Jan 28, 2026Close99.813Feb 3, 2026Close99.844Feb 9, 2026Close100.188Feb 13, 2026Close100.719Feb 20, 2026Close100.531Feb 26, 2026Close100.781Mar 4, 2026Close100.406Mar 10, 2026Close100.219Mar 16, 2026Close99.875Mar 20, 2026Close99.031Mar 26, 2026Close98.719Apr 1, 2026Close99.281Apr 7, 2026Close99.313Apr 13, 2026Close99.500Apr 17, 2026Close99.781Apr 23, 2026Close99.313Apr 29, 2026Close98.969May 5, 2026Close98.906May 11, 2026Close98.906May 15, 2026Close98.188May 21, 2026Close98.250May 28, 2026Close98.563Jun 3, 2026Close98.344Jun 9, 2026Close98.188Jun 15, 2026Close98.469Jun 22, 2026Close98.031Jun 26, 2026Close98.625Jul 2, 2026Close98.313Jul 9, 2026Close98.188Jul 15, 2026Close98.281Jul 21, 2026Close97.875Jul 27, 2026Close97.719Jul 31, 2026Close97.625Aug 6, 2026Close97.813Aug 12, 2026Close97.938Aug 18, 2026Close97.969Aug 24, 2026Close97.813Aug 28, 2026Close97.531Sep 3, 2026Close97.469Sep 9, 2026Close97.156
The most recent 20 trading days of prices for 91282CHJ3.
DateBidOfferClose
Sep 9, 202697.17297.15697.156
Sep 8, 202697.32897.31397.281
Sep 4, 202697.42297.40697.375
Sep 3, 202697.54797.53197.469
Sep 2, 202697.35997.34497.344
Sep 1, 202697.42297.40697.313
Aug 31, 202697.53197.50097.500
Aug 28, 202697.64197.62597.531
Aug 27, 202697.95397.93897.875
Aug 26, 202697.95397.93897.906
Aug 25, 202698.01698.00098.031
Aug 24, 202697.89197.87597.813
Aug 21, 202697.78197.75097.781
Aug 20, 202697.92297.90697.938
Aug 19, 202697.98497.96998.031
Aug 18, 202697.98497.96997.969
Aug 17, 202698.01698.00097.969
Aug 14, 202698.07898.06398.000
Aug 13, 202698.14198.12598.125
Aug 12, 202698.01698.00097.938

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 91282CHJ3.
Auction dateIssuedTypeOfferedAcceptedBid to coverHigh yield
Jun 28, 2023Jun 30, 2023New issue$35.0bn$35.0bn2.65x3.839%

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.