Bond Field Guide Fixed income. Clear perspective.
Note Public

U.S. Treasury 5.00% Note due Sep 30, 2033

CUSIP 91282CRM5 · 7-Year · coupon paid semiannually

AAA·Govt
Yield to maturity i
5.00%
annualized · YTW equals YTM (non-callable)
Current yield i
5.00%
Coupon i
5.00%
Modified duration i
5.8 yr
Convexity i
40.00
Indicative price i
99.985
indicative model price, not a tradable quote
real auctioned at 99.505 · 5.08% high yield (Sep 24, 2026) · at issuance, not a current price
Settles i
Oct 15, 2026
priced to this date (T+1 basis)
Total to settle i
100.192
per 100 par (clean 99.985 + accrued 0.207) · ≈ $10,019.23 per $10,000 face
Next coupon i
Mar 30, 2027
2.500 per 100 · $250.00 per $10,000 face

Cash-flow timeline

issue → maturity · each tick is a coupon · ◆ today
todayissued Sep 2026par 100 · Sep 203314 coupons remaining + principal

Terms fetched

Type Note Coupon-paying, 2 to 10 years. Interest every six months.
Term i7-Year
Coupon i5.00% (semiannual)
Maturity iSep 30, 2033
Issue dateSep 30, 2026
Par value i100.00
CallableNo
Amount outstanding inot available
Credit AAA·Govt

Computed metrics computed

Clean price i
99.985
Dirty price i
100.192
Accrued interest i
0.207
per 100 par
Yield to maturity i
5.00%
Yield to worst i
5.00%
Current yield i
5.00%
Modified duration i
5.8 yr
Macaulay duration i
6.0 yr
Convexity i
40.00
DV01 i
0.0582
per 100 par

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

Remaining cash flows

14 payments, discounted off today's curve
DateCash flowDiscount factorPresent value
Mar 30, 20272.500 0.980622.452
Sep 30, 20272.500 0.958412.396
Mar 30, 20282.500 0.935572.339
Sep 30, 20282.500 0.911722.279
Mar 30, 20292.500 0.889642.224
Sep 30, 20292.500 0.867522.169
Mar 30, 20302.500 0.846642.117
Sep 30, 20302.500 0.825852.065
Mar 30, 20312.500 0.805772.014
Sep 30, 20312.500 0.785721.964
Mar 30, 20322.500 0.765941.915
Sep 30, 20322.500 0.746221.866
Mar 30, 20332.500 0.727141.818
Sep 30, 2033102.500 0.7080572.575
Sum of present values 100.192

Present values sum to the dirty price; subtract 0.207 accrued to get the clean price.

Rate sensitivity i

approximate, from duration & convexity
Parallel rate moveApprox. price changeApprox. indicative price
-200 bp (-2.0%) +12.41% 112.393
-100 bp (-1.0%) +6.0% 105.989
+100 bp (+1.0%) -5.6% 94.381
+200 bp (+2.0%) -10.81% 89.177

Illustrative only: a parallel shift of the whole curve, estimated from modified duration (5.8 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 →
3.434.465.48Jan 2026Oct 2026

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