One of the most significant differences between I Bonds and EE Bonds lies in how their interest rates are determined. I Bonds earn a combination of a fixed rate, which remains constant throughout the life of the bond, and a variable inflation rate that is adjusted twice a year based on ch...
I Bonds Had a Shining Moment. But Today's Rates Are So Much Lower—And Heading Down 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 u...
I bonds had exploded in popularity in recent years as they are a very safe investment that have offered a strong guaranteed rate of return from the U.S. Treasury. Comparatively safe bank investments, meanwhile, were offering paltry interest rates until late 2022. That has changed, but there i...
a stir among savers in the last few years, as it rocketed tothe highest level in some 40 years. That level of inflation pushed the rate on I bonds to 9.62 percent for bonds issued between May and October 2022 and then 6.89 percent for bonds issued between November 2022 and April 2023....
1. What's the interest rate from Nov. 1 to April 30, 2024?5.27% annually. 2. How long will I receive 5.27%?Six months after purchase. 3. What's the deadline to get 5.27% interest?Bonds must be issued by April 30, 2024. The purchase deadline may be earlier. ...
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...
The composite rate for Series I bonds issued between November 2023 and April 2024 is 5.27%. Over the past 25 years, the composite rate at issue has ranged from 0% in 2015 to 9.62% in 2022. Your composite rate will vary over the life of your Series I savings bond as the inflation ...
On Friday, April 28, the U.S. Treasury Department surprised many by announcing that I bonds issued from May 2023 through October 2023 will earn an interest rate of 4.3%, compared to the previous rate of 6.89%. This announcement came three days earlier than expected, as the for...
depending on the initial purchase month. The fixed rate for I bonds bought from November 2022 through April 2023 will be 0.40% (up from zero, and right in the midpoint of my guess), for a composite rate of 6.89% for 6 months. Still a good deal, either buying now or in January when...
Learn how to invest in inflation-indexed bonds and protect your savings against inflation using TIPS and I Bonds.