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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
5.02%
annualized · YTW equals YTM (non-callable)
Current yield i
2.66%
Coupon i
1.75%
Modified duration i
12.3 yr
Convexity i
176.67
Indicative price i
65.786
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
Jul 29, 2026
priced to this date (T+1 basis)
Total to settle i
66.579
per 100 par (clean 65.786 + accrued 0.793) · ≈ $6,657.85 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
65.786
Dirty price i
66.579
Accrued interest i
0.793
per 100 par
Yield to maturity i
5.02%
Yield to worst i
5.02%
Current yield i
2.66%
Modified duration i
12.3 yr
Macaulay duration i
12.6 yr
Convexity i
176.67
DV01 i
0.0819
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 0.998280.873
Feb 15, 20270.875 0.978550.856
Aug 15, 20270.875 0.958910.839
Feb 15, 20280.875 0.938410.821
Aug 15, 20280.875 0.917830.803
Feb 15, 20290.875 0.897860.786
Aug 15, 20290.875 0.878370.769
Feb 15, 20300.875 0.859120.752
Aug 15, 20300.875 0.840420.735
Feb 15, 20310.875 0.821650.719
Aug 15, 20310.875 0.803360.703
Feb 15, 20320.875 0.784340.686
Aug 15, 20320.875 0.765670.670
Feb 15, 20330.875 0.746940.654
Aug 15, 20330.875 0.728720.638
Feb 15, 20340.875 0.710830.622
Aug 15, 20340.875 0.693450.607
Feb 15, 20350.875 0.675990.591
Aug 15, 20350.875 0.659030.577
Feb 15, 20360.875 0.642010.562
Aug 15, 20360.875 0.625380.547
Feb 15, 20370.875 0.608780.533
Aug 15, 20370.875 0.592660.519
Feb 15, 20380.875 0.576490.504
Aug 15, 20380.875 0.560810.491
Feb 15, 20390.875 0.545100.477
Aug 15, 20390.875 0.529860.464
Feb 15, 20400.875 0.514600.450
Aug 15, 20400.875 0.499730.437
Feb 15, 20410.875 0.484920.424
Aug 15, 2041100.875 0.4705847.470
Sum of present values 66.579

Present values sum to the dirty price; subtract 0.793 accrued to get the clean price.

Rate sensitivity i

approximate, from duration & convexity
Parallel rate moveApprox. price changeApprox. indicative price
-200 bp (-2.0%) +28.14% 84.296
-100 bp (-1.0%) +13.19% 74.460
+100 bp (+1.0%) -11.42% 58.274
+200 bp (+2.0%) -21.07% 51.924

Illustrative only — a parallel shift of the whole curve, estimated from modified duration (12.3 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.