November 2022 rates officially announced.May 2022 rate confirmed at 9.62%.11/1/2022 press release. The variable inflation-indexed rate for I bonds bought from November 2022 through April 2023 will indeed be 6.48% as predicted. Every single I bond will also earn this rate eventually for 6 mont...
This article has been updated to reflect the current new Series I bond rates for November, 2024 to May, 2025 period.The new I bond rate has been set at a composite 3.11% (down from 4.28% APR in the prior 6-month period). Due to a declining inflation rate, this current rate has dip...
The Treasury adjusts I bond rates every May and November, and there aretwo partsto I bond yields: a variable and fixed portion. The variable rate moves every six months based oninflation, and the Treasury canchange the fixed rateevery six months, but that doesn't always happen. watch now...
For the first six months that you own the I bond, you’ll get the prevailing interest rate at that time. For example, any I bond issued between November 2024 and May 2025 earns interest at 3.11 percent annually. That means even if you purchase the bond in April, you’ll still earn th...
How the 4.28% Rate was Adjusted for Inflation The latest 4.28% rate includes a combination of: a fixed rate of 1.30% that remains the same throughout the life of the bond and a variable inflation rate that changes two times every year (in May and in November) with the latest calculating...
I bonds, which are a type of savings bond issued and backed by the U.S. government, offer not only a low-risk investment option but also protection from inflation. Latest Rate Twice a year, on May 1 and November 1, the Treasury resets therates for I bonds. These...
As you can see, anyone with an I bond issued in May, June, July, November, December, or January—no matter what year—has already had their rate reduced. If you find yourself in that camp (and you've had your I bond for at least the minimum 12-month holding period), you shou...
For bonds issued starting November 1, the fixed rate is 0.4% and the variable rate is 6.48%—for a total rate of 6.89%. When the new interest rate is announced, it applies to every I-bond issued prior to the announcement date and is good for six months, until the next rate is set...
In addition to the fixed interest rate, the variable rate is announced twice a year in May and November and is determined by changes to the Consumer Price Index (CPI), which is used to gauge inflation in the U.S. economy. The change in the inflation rate is applied to the bond every...
even with a 5-year rate lock, you can secure a guaranteed rate of4.32%. Or you can go with CDs paying above 5%—up to5.35%—to get an even more substantial boost over your I bond rate. The downside, of course, is that your CD rate guarantee on these shorter-term ...