US912810PW27 · Govt · USD

Treasury Bond 4.38% 2038/02

Treasury BondUnited StatesUS GOVERNMENTSenior Unsecured
MID PRICE
100.05
par = 100
YIELD TO MAT.
4.47%
semi-annual
COUPON
4.380%
semi-annual · fixed
MATURITY
2038-02-15
bullet · 11.79y
OUTSTANDING
not disclosed
AS OF
2026-04-30
Fund disclosure

Sign up free to see prices on this bond

Free accounts get 40 bond price views per month — 4× the anonymous quota. Pro is unlimited.

About this bond

AI BRIEF · GROUNDED IN STRUCTURED DATA
About the issuer

United States Treasury securities, also called Treasuries or Treasurys, are government debt instruments issued by the United States Department of the Treasury to finance government spending as a supplement to taxation. Since 2012, the U.S. government debt has been managed by the Bureau of the Fiscal Service, succeeding the Bureau of the Public Debt.

Source: Wikipedia →

Risk analytics

SEMI-ANNUAL · BULLET · PAR 100
Modified duration
9.03 y
1bp ↑ ≈ -0.090% P&L
Convexity
99.72
higher = more curvature
Years to maturity
11.79 y
YTM source
Ingested
Fund disclosure
Market signals · funds disclosing this bond
SignalCategoryExposureLast moveWeightAs of
iShares U.S. Treasury Bond
iShares
US Treasury Broad$231.3M▲ $500K0.56%2026-04-30
Vanguard Total Bond Market
Vanguard
US Aggregate$143.7M0.04%2026-03-31
iShares 10-20 Year Treasury Bond
iShares
US Treasury 10-20Y$76.1M▲ $505K0.63%2026-04-30
iShares Core U.S. Aggregate Bond
iShares
US Aggregate$32.0M▲ $39K0.02%2026-04-30
Vanguard Long-Term Treasury
Vanguard
US Treasury Long$25.4M0.18%2026-03-31
SPDR Portfolio Long Term Treasury
SPDR
US Treasury Long$22.9M▲ $25K0.22%2026-04-30
Vanguard Long-Term Bond
Vanguard
US Aggregate Long$7.5M0.09%2026-03-31
iShares ESG Aware U.S. Aggregate Bond
iShares
US ESG Aggregate$2.4M▲ $3K0.05%2026-04-30
Subscribe to reveal which signals are holding this bond.Subscribe →

Price history

Sherpa Signal

AS OF 2026-04-30

Institutional footprint · signal-level holdings

53/ 100Active coverage
Interpretation. Moderate institutional footprint, holding
HOLDERS
8
unchanged in 7d
AGGREGATE EXPOSURE
$541.3M
USD across all
TOP CONCENTRATION
42.7%
largest holder
FLOW
▼ $66K
unchanged in 7d

Sherpa Signal is derived from a panel of tracked institutional portfolios. Names of individual holders are not disclosed.

100K PAR NOTIONAL · MARKET VALUE
100,051 USD
PRICE
100.05

RFQ routing · coming soon

Security details

VIA OPENFIGI
Canonical
T 4 3/8 02/15/38
FIGI
BBG000F7D9Z5
CUSIP
912810PW2
ISIN
US912810PW27
Type
Govt
Issued
2008-02-15
Face value
100 USD
Ticker
T 4.375 02/15/38
Sec. type
US GOVERNMENT
Seniority
Senior Unsecured

Issuer curve

T · 10 PTS

Yield (%) plotted against years-to-maturity. This bond highlighted in amber.