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Bond Public

U.S. Treasury 1.75% Bond due Aug 15, 2041

CUSIP 912810TA6 · 19-Year 10-Month · coupon paid semiannually

AAA·Govt
Yield to maturity i
4.75%
annualized · YTW equals YTM (non-callable)
Current yield i
2.58%
Coupon i
1.75%
Modified duration i
12.5 yr
Convexity i
180.87
Indicative price i
67.863
indicative model price — not a tradable quote
real auctioned at 94.354 · 2.10% high yield (Oct 20, 2021) · reopening — at issuance, not a current price
Settles i
Jun 18, 2026
priced to this date (T+1 basis)
Total to settle i
68.458
per 100 par (clean 67.863 + accrued 0.595) · ≈ $6,845.79 per $10,000 face
Next coupon i
Aug 15, 2026
0.875 per 100 · $87.50 per $10,000 face

Cash-flow timeline

issue → maturity · each tick is a coupon · ◆ today
todayissued Nov 2021par 100 · Aug 204131 coupons remaining + principal

Terms fetched

Type Bond Coupon-paying, 20 or 30 years. Interest every six months.
Term i19-Year 10-Month
Coupon i1.75% (semiannual)
Maturity iAug 15, 2041
Issue dateNov 1, 2021
Par value i100.00
CallableNo
Amount outstanding i$57.3B
Credit AAA·Govt
Look up on TreasuryDirect

Computed metrics computed

Clean price i
67.863
Dirty price i
68.458
Accrued interest i
0.595
per 100 par
Yield to maturity i
4.75%
Yield to worst i
4.75%
Current yield i
2.58%
Modified duration i
12.5 yr
Macaulay duration i
12.8 yr
Convexity i
180.87
DV01 i
0.0854
per 100 par

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

Remaining cash flows

31 payments, discounted off today's curve
DateCash flowDiscount factorPresent value
Aug 15, 20260.875 0.994140.870
Feb 15, 20270.875 0.974420.853
Aug 15, 20270.875 0.954800.835
Feb 15, 20280.875 0.934290.818
Aug 15, 20280.875 0.914170.800
Feb 15, 20290.875 0.895260.783
Aug 15, 20290.875 0.876950.767
Feb 15, 20300.875 0.858460.751
Aug 15, 20300.875 0.840570.735
Feb 15, 20310.875 0.822670.720
Aug 15, 20310.875 0.805090.704
Feb 15, 20320.875 0.786890.689
Aug 15, 20320.875 0.769050.673
Feb 15, 20330.875 0.751190.657
Aug 15, 20330.875 0.733950.642
Feb 15, 20340.875 0.716930.627
Aug 15, 20340.875 0.700410.613
Feb 15, 20350.875 0.683840.598
Aug 15, 20350.875 0.667760.584
Feb 15, 20360.875 0.651640.570
Aug 15, 20360.875 0.635850.556
Feb 15, 20370.875 0.619960.542
Aug 15, 20370.875 0.604550.529
Feb 15, 20380.875 0.589090.515
Aug 15, 20380.875 0.574090.502
Feb 15, 20390.875 0.559060.489
Aug 15, 20390.875 0.544490.476
Feb 15, 20400.875 0.529890.464
Aug 15, 20400.875 0.515660.451
Feb 15, 20410.875 0.501480.439
Aug 15, 2041100.875 0.4877549.202
Sum of present values 68.458

Present values sum to the dirty price; subtract 0.595 accrued to get the clean price.

Rate sensitivity i

approximate, from duration & convexity
Parallel rate moveApprox. price changeApprox. indicative price
-200 bp (-2.0%) +28.58% 87.257
-100 bp (-1.0%) +13.38% 76.947
+100 bp (+1.0%) -11.58% 60.007
+200 bp (+2.0%) -21.34% 53.379

Illustrative only — a parallel shift of the whole curve, estimated from modified duration (12.5 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 →
4.454.885.31Jan 2026Jun 2026

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