Reports

TWIN-Treasuries · September 2026

Monthly. 7–30 September 2026. v1.0 through the month. Nine fields from 28 Sep. No Fortis number.

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What the month was

Primary support was live on banking days. Instant paths existed and were capacity-limited. Crowd stayed the weak channel on all three names. No pause or cap notice flipped a word. The book did not turn over.

Registers

7 Sep to 30 Sep, from the prints. OUSG value was not stamped on 7 Sep. The first value is 8 Sep, $410m. Active addresses were not stamped on 7 Sep. The first active line is 8 Sep: BUIDL 27, USYC 9, OUSG 16.

Instrument7 Sep30 SepNotes
BUIDL$2.79bn / 107$2.25bn / 106 / 26Value left. The tally did not open.
USYC$2.62bn / 34$2.40bn / 35 / 7Still the tightest. One name on.
OUSG86 holders$386m / 84 / 21Value from 8 Sep is $410m. Stacked twin unchanged.

Redemption words

Redemption is blank on the 21 prints from 7 Sep through 27 Sep. Three prints are stamped, 28–30 Sep, all Open. No Instant-only, Closed, Capped, or Impaired day in September. Weekend Instant-only is an October word on these three.

What did not happen

No published pause. No cap that became the state. No breadth in the holder register. Basis stayed path. Secondary books were not scored as the exit.

Next known Clock

October weekends: Instant-only while primary is shut. Banking days: Open while support is live and Exit-Pulse ordinary.

Dated prints

7 Sep · 8 Sep · 9 Sep · 10 Sep · 11 Sep · 12 Sep · 13 Sep · 14 Sep · 15 Sep · 16 Sep · 17 Sep · 18 Sep · 19 Sep · 20 Sep · 21 Sep · 22 Sep · 23 Sep · 24 Sep · 25 Sep · 26 Sep · 27 Sep · 28 Sep · 29 Sep · 30 Sep

Dated prints at /twin/treasuries. Dated prints remain the source. This compilation is a view. Free while the archive is free. The gate is January. After it, the PDF and the weekly mail are the paid layer. The public daily tape stays free and short.