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Bond Public

U.S. Treasury 2.75% Bond due Nov 15, 2042

CUSIP 912810QY7 · 29-Year 10-Month · coupon paid semiannually

AAA·Govt
Yield to maturity i
4.79%
annualized · YTW equals YTM (non-callable)
Current yield i
3.57%
Coupon i
2.75%
Modified duration i
12.4 yr
Convexity i
188.25
Indicative price i
76.988
indicative model price — not a tradable quote
real auctioned at 93.772 · 3.07% high yield (Jan 10, 2013) · reopening — at issuance, not a current price
Settles i
Jun 18, 2026
priced to this date (T+1 basis)
Total to settle i
77.242
per 100 par (clean 76.988 + accrued 0.254) · ≈ $7,724.19 per $10,000 face
Next coupon i
Nov 15, 2026
1.375 per 100 · $137.50 per $10,000 face

Cash-flow timeline

issue → maturity · each tick is a coupon · ◆ today
todayissued Jan 2013par 100 · Nov 204233 coupons remaining + principal

Terms fetched

Type Bond Coupon-paying, 20 or 30 years. Interest every six months.
Term i29-Year 10-Month
Coupon i2.75% (semiannual)
Maturity iNov 15, 2042
Issue dateJan 15, 2013
Par value i100.00
CallableNo
Amount outstanding i$29.0B
Credit AAA·Govt
Look up on TreasuryDirect

Computed metrics computed

Clean price i
76.988
Dirty price i
77.242
Accrued interest i
0.254
per 100 par
Yield to maturity i
4.79%
Yield to worst i
4.79%
Current yield i
3.57%
Modified duration i
12.4 yr
Macaulay duration i
12.7 yr
Convexity i
188.25
DV01 i
0.0961
per 100 par

indicative — matrix-priced off today's par curve.

Remaining cash flows

33 payments, discounted off today's curve
DateCash flowDiscount factorPresent value
Nov 15, 20261.375 0.984321.353
May 15, 20271.375 0.964841.327
Nov 15, 20271.375 0.944601.299
May 15, 20281.375 0.924091.271
Nov 15, 20281.375 0.904671.244
May 15, 20291.375 0.886261.219
Nov 15, 20291.375 0.867671.193
May 15, 20301.375 0.849621.168
Nov 15, 20301.375 0.831581.143
May 15, 20311.375 0.814121.119
Nov 15, 20311.375 0.795971.094
May 15, 20321.375 0.778051.070
Nov 15, 20321.375 0.760101.045
May 15, 20331.375 0.742621.021
Nov 15, 20331.375 0.725410.997
May 15, 20341.375 0.708780.975
Nov 15, 20341.375 0.692100.952
May 15, 20351.375 0.675910.929
Nov 15, 20351.375 0.659670.907
May 15, 20361.375 0.643830.885
Nov 15, 20361.375 0.627880.863
May 15, 20371.375 0.612360.842
Nov 15, 20371.375 0.596790.821
May 15, 20381.375 0.581690.800
Nov 15, 20381.375 0.566550.779
May 15, 20391.375 0.551870.759
Nov 15, 20391.375 0.537160.739
May 15, 20401.375 0.522820.719
Nov 15, 20401.375 0.508540.699
May 15, 20411.375 0.494710.680
Nov 15, 20411.375 0.480860.661
May 15, 20421.375 0.467440.643
Nov 15, 2042101.375 0.4540146.025
Sum of present values 77.242

Present values sum to the dirty price; subtract 0.254 accrued to get the clean price.

Rate sensitivity i

approximate, from duration & convexity
Parallel rate moveApprox. price changeApprox. indicative price
-200 bp (-2.0%) +28.65% 99.045
-100 bp (-1.0%) +13.38% 87.292
+100 bp (+1.0%) -11.5% 68.133
+200 bp (+2.0%) -21.12% 60.728

Illustrative only — a parallel shift of the whole curve, estimated from modified duration (12.4 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.