For example, if you bought I bonds in September on any given year, yourrates reseteach year on March 1 and Sept. 1, according to the Treasury. However, the headline rate may be different than what you receive because the fixed rate stays the same for the life of your bond. What to ...
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 rates ar...
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 actual rate on the bond, known as thecomposite rate, is calculated by combining the fixed and inflation rates. The inflation rate impacts the fixed rate set on the bond. However, the minimum level that the interest rate on a Series I bond can fall to is zero, which is the floor p...
Demand for I bonds has been high over the past year and a half due toexceptional interest ratesthat have reached record levels: 7.12% through April 2022, 9.62% through October 2022, and 6.89% through April 2023. I bonds at 3.38% are less attra...
Starting in November 2021 and running through April 2023, U.S. TreasuryI bondsoffered some of the highest rates in the history of I bonds. Initial rates ranged from 6.89% all the way up to a record-setting 9.62%.1 The reason behind the heyday is that I bonds pay a ...
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...
. 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 that rate for a full six months. Then your bond will adjust to whatever new rate is announced in April....
Your composite rate will vary over the life of your Series I savings bond as the inflation rate adjusts, but it will never drop below 0%. And the higher inflation gets, the more you will earn. “Rates have dipped a little bit but it still far exceeds any guaranteed bank or money mark...
An investor is generally better off purchasing an I bond in April or October if the composite rate in effect is higher than the expected composite rate for new bonds purchased in November or May. The calculation can be tricky, however, if interest rates are rising rapidly because I bonds cou...