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TIPS Public

U.S. Treasury 0.75% TIPS due Feb 15, 2042

CUSIP 912810QV3 · 29-Year 4-Month · coupon paid semiannually

AAA·Govt
Real yield to maturity i
2.41%
real yield — off the Treasury real-yield curve
Current yield i
0.96%
Coupon i
0.75%
Modified duration i
14.4 yr
Convexity i
225.58
Indicative REAL price i
78.434
real model per 100 real par — not a tradable quote
real auctioned at 109.478 · 0.48% high yield (Oct 18, 2012) · reopening — at issuance, not a current price
These are real (inflation-adjusted) figures off the Treasury real-yield curve. The actual dollar invoice = the real price × this TIPS's CPI index ratio, which is not applied here.
Settles i
Jun 18, 2026
priced to this date (T+1 basis)
Real price i
78.689
real dirty price per 100 real par. The $ invoice = real price × CPI index ratio (not applied)
Next coupon i
Aug 15, 2026
0.375 per 100 (real coupon; actual $ scales with the CPI index ratio)

Cash-flow timeline

issue → maturity · each tick is a coupon · ◆ today
todayissued Oct 2012par 100 · Feb 204232 coupons remaining + principal

Terms fetched

Type TIPS Treasury Inflation-Protected Securities — principal tracks the CPI.
Term i29-Year 4-Month
Coupon i0.75% (semiannual)
Maturity iFeb 15, 2042
Issue dateOct 31, 2012
Par value i100.00
CallableNo
Amount outstanding i$16.1B
Credit AAA·Govt
Look up on TreasuryDirect

Computed metrics computed

Clean price (real) i
78.434
Dirty price (real) i
78.689
Accrued interest i
0.255
per 100 par
Yield to maturity (real) i
2.41%
Yield to worst (real) i
2.41%
Current yield i
0.96%
Modified duration i
14.4 yr
Macaulay duration i
14.6 yr
Convexity i
225.58
DV01 i
0.1136
per 100 par

indicative REAL price/yield — discounted off the Treasury real-yield curve; CPI inflation accrual (index ratio) is not applied.

Remaining cash flows

32 payments, discounted off today's curve
DateCash flowDiscount factorPresent value
Aug 15, 20260.375 0.994140.373
Feb 15, 20270.375 0.974420.365
Aug 15, 20270.375 0.954800.358
Feb 15, 20280.375 0.934290.350
Aug 15, 20280.375 0.914170.343
Feb 15, 20290.375 0.895260.336
Aug 15, 20290.375 0.876950.329
Feb 15, 20300.375 0.858460.322
Aug 15, 20300.375 0.840570.315
Feb 15, 20310.375 0.822670.309
Aug 15, 20310.375 0.805090.302
Feb 15, 20320.375 0.786890.295
Aug 15, 20320.375 0.769050.288
Feb 15, 20330.375 0.751190.282
Aug 15, 20330.375 0.733950.275
Feb 15, 20340.375 0.716930.269
Aug 15, 20340.375 0.700410.263
Feb 15, 20350.375 0.683840.256
Aug 15, 20350.375 0.667760.250
Feb 15, 20360.375 0.651640.244
Aug 15, 20360.375 0.635850.238
Feb 15, 20370.375 0.619960.232
Aug 15, 20370.375 0.604550.227
Feb 15, 20380.375 0.589090.221
Aug 15, 20380.375 0.574090.215
Feb 15, 20390.375 0.559060.210
Aug 15, 20390.375 0.544490.204
Feb 15, 20400.375 0.529890.199
Aug 15, 20400.375 0.515660.193
Feb 15, 20410.375 0.501480.188
Aug 15, 20410.375 0.487750.183
Feb 15, 2042100.375 0.4740147.579
Sum of present values 78.689

Present values sum to the dirty price; subtract 0.255 accrued to get the clean price.

Rate sensitivity i

approximate, from duration & convexity
Parallel rate moveApprox. price changeApprox. indicative price
-200 bp (-2.0%) +33.39% 104.621
-100 bp (-1.0%) +15.57% 90.643
+100 bp (+1.0%) -13.31% 67.995
+200 bp (+2.0%) -24.36% 59.325

Illustrative only — a parallel shift of the whole curve, estimated from modified duration (14.4 yr) and convexity. Real moves are rarely parallel; this is not a forecast.

What to know

Key risks

  • Interest-rate risk. If market yields rise, the price falls — and more so the longer the maturity. See the rate-sensitivity table above.
  • Inflation risk. Fixed coupons lose purchasing power if inflation rises. TIPS are designed to offset this; nominal bills, notes and bonds are not.
  • Reinvestment risk. Coupons, and principal at maturity, may have to be reinvested later at lower rates than today's.
  • Liquidity / price risk. Selling before maturity means taking the market price at that time, which can be above or below the indicative value shown here.

Tax

Interest on U.S. Treasuries is subject to federal income tax but is generally exempt from state and local income tax.

How Treasuries are bought

New issues are sold at auction (including directly via TreasuryDirect.gov); outstanding securities trade on the secondary market through a broker. This site is for research only and does not sell or recommend securities.

General information only — not tax, legal or investment advice.

Benchmark yield, past year

All tenors →
4.454.885.31Jan 2026Jun 2026

Par yield of the nearest benchmark tenor — the main input to this bond's price.