Bond Field Guide Anleihen. Klare Perspektive.
Note Public

U.S. Treasury 3.62% Note due Aug 31, 2030

CUSIP 91282CNX5 · 5-Year · coupon paid semiannually

AAA·Govt
Yield to maturity i
4.86%
annualized · YTW equals YTM (non-callable)
Current yield i
3.79%
Coupon i
3.62%
Modified duration i
3.5 yr
Convexity i
14.80
Indicative price i
95.692
indicative model price, not a tradable quote
real auctioned at 99.552 · 3.72% high yield (Aug 27, 2025) · at issuance, not a current price
Settles i
Oct 16, 2026
priced to this date (T+1 basis)
Total to settle i
96.153
per 100 par (clean 95.692 + accrued 0.461) · ≈ $9,615.28 per $10,000 face
Next coupon i
Feb 28, 2027
1.812 per 100 · $181.25 per $10,000 face

Cash-flow timeline

issue → maturity · each tick is a coupon · ◆ today
todayissued Sep 2025par 100 · Aug 20308 coupons remaining + principal

Terms fetched

Type Note Coupon-paying, 2 to 10 years. Interest every six months.
Term i5-Year
Coupon i3.62% (semiannual)
Maturity iAug 31, 2030
Issue dateSep 2, 2025
Par value i100.00
CallableNo
Amount outstanding inot available
Credit AAA·Govt

Computed metrics computed

Clean price i
95.692
Dirty price i
96.153
Accrued interest i
0.461
per 100 par
Yield to maturity i
4.86%
Yield to worst i
4.86%
Current yield i
3.79%
Modified duration i
3.5 yr
Macaulay duration i
3.6 yr
Convexity i
14.80
DV01 i
0.0340
per 100 par

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

Remaining cash flows

8 payments, discounted off today's curve
DateCash flowDiscount factorPresent value
Feb 28, 20271.812 0.984301.784
Aug 31, 20271.812 0.962421.744
Feb 29, 20281.812 0.939891.704
Aug 31, 20281.812 0.916291.661
Feb 28, 20291.812 0.894011.620
Aug 31, 20291.812 0.871971.580
Feb 28, 20301.812 0.850971.542
Aug 31, 2030101.812 0.8301284.517
Sum of present values 96.153

Present values sum to the dirty price; subtract 0.461 accrued to get the clean price.

Rate sensitivity i

approximate, from duration & convexity
Parallel rate moveApprox. price changeApprox. indicative price
-200 bp (-2.0%) +7.38% 102.750
-100 bp (-1.0%) +3.61% 99.150
+100 bp (+1.0%) -3.47% 92.376
+200 bp (+2.0%) -6.78% 89.201

Illustrative only: a parallel shift of the whole curve, estimated from modified duration (3.5 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 →
3.074.205.33Jan 2026Oct 2026

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