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Bond Public

U.S. Treasury 3.00% Bond due Feb 15, 2049

CUSIP 912810SF6 · 29-Year 10-Month · coupon paid semiannually

AAA·Govt
Yield to maturity i
5.27%
annualized · YTW equals YTM (non-callable)
Current yield i
4.27%
Coupon i
3.00%
Modified duration i
14.5 yr
Convexity i
281.91
Indicative price i
70.210
indicative model price — not a tradable quote
real auctioned at 101.381 · 2.93% high yield (Apr 11, 2019) · reopening — at issuance, not a current price
Settles i
Jul 29, 2026
priced to this date (T+1 basis)
Total to settle i
71.569
per 100 par (clean 70.210 + accrued 1.359) · ≈ $7,156.94 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 2019par 100 · Feb 204946 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, 2049
Issue dateApr 15, 2019
Par value i100.00
CallableNo
Amount outstanding i$39.6B
Credit AAA·Govt
Look up on TreasuryDirect

Computed metrics computed

Clean price i
70.210
Dirty price i
71.569
Accrued interest i
1.359
per 100 par
Yield to maturity i
5.27%
Yield to worst i
5.27%
Current yield i
4.27%
Modified duration i
14.5 yr
Macaulay duration i
14.9 yr
Convexity i
281.91
DV01 i
0.1038
per 100 par

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

Remaining cash flows

46 payments, discounted off today's curve
DateCash flowDiscount factorPresent value
Aug 15, 20261.500 0.998281.497
Feb 15, 20271.500 0.978551.468
Aug 15, 20271.500 0.958911.438
Feb 15, 20281.500 0.938411.408
Aug 15, 20281.500 0.917831.377
Feb 15, 20291.500 0.897861.347
Aug 15, 20291.500 0.878371.318
Feb 15, 20301.500 0.859121.289
Aug 15, 20301.500 0.840421.261
Feb 15, 20311.500 0.821651.232
Aug 15, 20311.500 0.803361.205
Feb 15, 20321.500 0.784341.177
Aug 15, 20321.500 0.765671.148
Feb 15, 20331.500 0.746941.120
Aug 15, 20331.500 0.728721.093
Feb 15, 20341.500 0.710831.066
Aug 15, 20341.500 0.693451.040
Feb 15, 20351.500 0.675991.014
Aug 15, 20351.500 0.659030.989
Feb 15, 20361.500 0.642010.963
Aug 15, 20361.500 0.625380.938
Feb 15, 20371.500 0.608780.913
Aug 15, 20371.500 0.592660.889
Feb 15, 20381.500 0.576490.865
Aug 15, 20381.500 0.560810.841
Feb 15, 20391.500 0.545100.818
Aug 15, 20391.500 0.529860.795
Feb 15, 20401.500 0.514600.772
Aug 15, 20401.500 0.499730.750
Feb 15, 20411.500 0.484920.727
Aug 15, 20411.500 0.470580.706
Feb 15, 20421.500 0.456240.684
Aug 15, 20421.500 0.442350.664
Feb 15, 20431.500 0.428450.643
Aug 15, 20431.500 0.415010.623
Feb 15, 20441.500 0.401580.602
Aug 15, 20441.500 0.388520.583
Feb 15, 20451.500 0.375540.563
Aug 15, 20451.500 0.362990.544
Feb 15, 20461.500 0.350470.526
Aug 15, 20461.500 0.338790.508
Feb 15, 20471.500 0.330180.495
Aug 15, 20471.500 0.321930.483
Feb 15, 20481.500 0.313750.471
Aug 15, 20481.500 0.305880.459
Feb 15, 2049101.500 0.2981230.259
Sum of present values 71.569

Present values sum to the dirty price; subtract 1.359 accrued to get the clean price.

Rate sensitivity i

approximate, from duration & convexity
Parallel rate moveApprox. price changeApprox. indicative price
-200 bp (-2.0%) +34.64% 94.533
-100 bp (-1.0%) +15.91% 81.382
+100 bp (+1.0%) -13.09% 61.018
+200 bp (+2.0%) -23.37% 53.805

Illustrative only — a parallel shift of the whole curve, estimated from modified duration (14.5 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 →
4.444.895.34Jan 2026Jul 2026

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