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Bond Public

U.S. Treasury 5.00% Bond due May 15, 2056

CUSIP 912810UU0 · 29-Year 11-Month · coupon paid semiannually

AAA·Govt
Yield to maturity i
4.90%
annualized · YTW equals YTM (non-callable)
Current yield i
4.93%
Coupon i
5.00%
Modified duration i
15.5 yr
Convexity i
352.95
Indicative price i
101.513
indicative model price — not a tradable quote
real auctioned at 99.683 · 5.02% high yield (Jun 11, 2026) · reopening — at issuance, not a current price
Settles i
Jun 18, 2026
priced to this date (T+1 basis)
Total to settle i
101.975
per 100 par (clean 101.513 + accrued 0.462) · ≈ $10,197.49 per $10,000 face
Next coupon i
Nov 15, 2026
2.500 per 100 · $250.00 per $10,000 face

Cash-flow timeline

issue → maturity · each tick is a coupon · ◆ today
todayissued Jun 2026par 100 · May 205660 coupons remaining + principal

Terms fetched

Type Bond Coupon-paying, 20 or 30 years. Interest every six months.
Term i29-Year 11-Month
Coupon i5.00% (semiannual)
Maturity iMay 15, 2056
Issue dateJun 15, 2026
Par value i100.00
CallableNo
Amount outstanding i$30.9B
Credit AAA·Govt
Look up on TreasuryDirect

Computed metrics computed

Clean price i
101.513
Dirty price i
101.975
Accrued interest i
0.462
per 100 par
Yield to maturity i
4.90%
Yield to worst i
4.90%
Current yield i
4.93%
Modified duration i
15.5 yr
Macaulay duration i
15.9 yr
Convexity i
352.95
DV01 i
0.1578
per 100 par

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

Remaining cash flows

60 payments, discounted off today's curve
DateCash flowDiscount factorPresent value
Nov 15, 20262.500 0.984322.461
May 15, 20272.500 0.964842.412
Nov 15, 20272.500 0.944602.362
May 15, 20282.500 0.924092.310
Nov 15, 20282.500 0.904672.262
May 15, 20292.500 0.886262.216
Nov 15, 20292.500 0.867672.169
May 15, 20302.500 0.849622.124
Nov 15, 20302.500 0.831582.079
May 15, 20312.500 0.814122.035
Nov 15, 20312.500 0.795971.990
May 15, 20322.500 0.778051.945
Nov 15, 20322.500 0.760101.900
May 15, 20332.500 0.742621.857
Nov 15, 20332.500 0.725411.814
May 15, 20342.500 0.708781.772
Nov 15, 20342.500 0.692101.730
May 15, 20352.500 0.675911.690
Nov 15, 20352.500 0.659671.649
May 15, 20362.500 0.643831.610
Nov 15, 20362.500 0.627881.570
May 15, 20372.500 0.612361.531
Nov 15, 20372.500 0.596791.492
May 15, 20382.500 0.581691.454
Nov 15, 20382.500 0.566551.416
May 15, 20392.500 0.551871.380
Nov 15, 20392.500 0.537161.343
May 15, 20402.500 0.522821.307
Nov 15, 20402.500 0.508541.271
May 15, 20412.500 0.494711.237
Nov 15, 20412.500 0.480861.202
May 15, 20422.500 0.467441.169
Nov 15, 20422.500 0.454011.135
May 15, 20432.500 0.441011.103
Nov 15, 20432.500 0.428011.070
May 15, 20442.500 0.415361.038
Nov 15, 20442.500 0.402781.007
May 15, 20452.500 0.390610.977
Nov 15, 20452.500 0.378440.946
May 15, 20462.500 0.366680.917
Nov 15, 20462.500 0.357440.894
May 15, 20472.500 0.349010.873
Nov 15, 20472.500 0.340640.852
May 15, 20482.500 0.332570.831
Nov 15, 20482.500 0.324610.812
May 15, 20492.500 0.316970.792
Nov 15, 20492.500 0.309380.773
May 15, 20502.500 0.302100.755
Nov 15, 20502.500 0.294880.737
May 15, 20512.500 0.287950.720
Nov 15, 20512.500 0.281070.703
May 15, 20522.500 0.274440.686
Nov 15, 20522.500 0.267890.670
May 15, 20532.500 0.261600.654
Nov 15, 20532.500 0.255370.638
May 15, 20542.500 0.249380.623
Nov 15, 20542.500 0.243440.609
May 15, 20552.500 0.237740.594
Nov 15, 20552.500 0.232080.580
May 15, 2056102.500 0.2266323.229
Sum of present values 101.975

Present values sum to the dirty price; subtract 0.462 accrued to get the clean price.

Rate sensitivity i

approximate, from duration & convexity
Parallel rate moveApprox. price changeApprox. indicative price
-200 bp (-2.0%) +38.01% 140.096
-100 bp (-1.0%) +17.24% 119.013
+100 bp (+1.0%) -13.71% 87.596
+200 bp (+2.0%) -23.89% 77.262

Illustrative only — a parallel shift of the whole curve, estimated from modified duration (15.5 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 →
4.534.915.29Jan 2026Jun 2026

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