BondDesk Every bond, priced off the Treasury curve
Bond Public

U.S. Treasury 3.00% Bond due Feb 15, 2047

CUSIP 912810RV2 · 29-Year 10-Month · coupon paid semiannually

AAA·Govt
Yield to maturity i
4.96%
annualized · YTW equals YTM (non-callable)
Current yield i
4.01%
Coupon i
3.00%
Modified duration i
14.0 yr
Convexity i
255.85
Indicative price i
74.808
indicative model price — not a tradable quote
real auctioned at 101.221 · 2.94% high yield (Apr 12, 2017) · reopening — at issuance, not a current price
Settles i
Jun 18, 2026
priced to this date (T+1 basis)
Total to settle i
75.828
per 100 par (clean 74.808 + accrued 1.019) · ≈ $7,582.75 per $10,000 face
Next coupon i
Aug 15, 2026
1.500 per 100 · $150.00 per $10,000 face

Cash-flow timeline

issue → maturity · each tick is a coupon · ◆ today
todayissued Apr 2017par 100 · Feb 204742 coupons remaining + principal

Terms fetched

Type Bond Coupon-paying, 20 or 30 years. Interest every six months.
Term i29-Year 10-Month
Coupon i3.00% (semiannual)
Maturity iFeb 15, 2047
Issue dateApr 17, 2017
Par value i100.00
CallableNo
Amount outstanding i$28.7B
Credit AAA·Govt
Look up on TreasuryDirect

Computed metrics computed

Clean price i
74.808
Dirty price i
75.828
Accrued interest i
1.019
per 100 par
Yield to maturity i
4.96%
Yield to worst i
4.96%
Current yield i
4.01%
Modified duration i
14.0 yr
Macaulay duration i
14.4 yr
Convexity i
255.85
DV01 i
0.1065
per 100 par

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

Remaining cash flows

42 payments, discounted off today's curve
DateCash flowDiscount factorPresent value
Aug 15, 20261.500 0.994141.491
Feb 15, 20271.500 0.974421.462
Aug 15, 20271.500 0.954801.432
Feb 15, 20281.500 0.934291.401
Aug 15, 20281.500 0.914171.371
Feb 15, 20291.500 0.895261.343
Aug 15, 20291.500 0.876951.315
Feb 15, 20301.500 0.858461.288
Aug 15, 20301.500 0.840571.261
Feb 15, 20311.500 0.822671.234
Aug 15, 20311.500 0.805091.208
Feb 15, 20321.500 0.786891.180
Aug 15, 20321.500 0.769051.154
Feb 15, 20331.500 0.751191.127
Aug 15, 20331.500 0.733951.101
Feb 15, 20341.500 0.716931.075
Aug 15, 20341.500 0.700411.051
Feb 15, 20351.500 0.683841.026
Aug 15, 20351.500 0.667761.002
Feb 15, 20361.500 0.651640.977
Aug 15, 20361.500 0.635850.954
Feb 15, 20371.500 0.619960.930
Aug 15, 20371.500 0.604550.907
Feb 15, 20381.500 0.589090.884
Aug 15, 20381.500 0.574090.861
Feb 15, 20391.500 0.559060.839
Aug 15, 20391.500 0.544490.817
Feb 15, 20401.500 0.529890.795
Aug 15, 20401.500 0.515660.773
Feb 15, 20411.500 0.501480.752
Aug 15, 20411.500 0.487750.732
Feb 15, 20421.500 0.474010.711
Aug 15, 20421.500 0.460700.691
Feb 15, 20431.500 0.447380.671
Aug 15, 20431.500 0.434480.652
Feb 15, 20441.500 0.421590.632
Aug 15, 20441.500 0.409040.614
Feb 15, 20451.500 0.396560.595
Aug 15, 20451.500 0.384500.577
Feb 15, 20461.500 0.372440.559
Aug 15, 20461.500 0.361800.543
Feb 15, 2047101.500 0.3531335.842
Sum of present values 75.828

Present values sum to the dirty price; subtract 1.019 accrued to get the clean price.

Rate sensitivity i

approximate, from duration & convexity
Parallel rate moveApprox. price changeApprox. indicative price
-200 bp (-2.0%) +33.21% 99.656
-100 bp (-1.0%) +15.33% 86.275
+100 bp (+1.0%) -12.77% 65.255
+200 bp (+2.0%) -22.98% 57.617

Illustrative only — a parallel shift of the whole curve, estimated from modified duration (14.0 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.