an I bond purchased in January of 2025 would get the 1.90% APR variable rate until July of 2025, at which point the variable rate would switch to the May, 2025 variable rate for the subsequent 6 months (in addition to the 1.20% fixed rate). The ...
Currently, the variable rate is 3.94% and the fixed rate is 1.30%, for a rounded combined yield of 5.27% on I bonds purchased between Nov. 1 and April 30. "The new fixed rate makes it a very good deal" for long-term investors, said Ken Tumin, founder and editor of DepositAccounts....
The fixed rate stays the same for the 30-year life of the bond, meaning someone who purchased I bonds with a higher fixed rate may beat inflation for at least six months, Tumin said. Although the fixed rate has been 0% since May 2020, it peaked at 3.6% for six months...
Another potential downside is the purchase limit. Investors are limited to purchasing a maximum of $10,000 in electronic I Bonds per year for each Social Security Number (the minimum purchase amount is $25).6An additional $5,000 may be purchased as paper I bonds. This cap may be restricti...
Any bonds that you buy for yourself or that are purchased for you count toward the limit. There’s an exception to this rule in the case of a bond that has been transferred to you due to the death of the bond’s original owner. In this case, the amount doesn’t count against the ...
Series I savings bonds, or I bonds, purchased through October 2024, will earn 4.28%, TreasuryDirect® announced May 1, 2024. This rate includes an inflation component of 2.96% annualized and a fixed rate of 1.30%, with the latter remaining constant thr
the hand”, even though you might get a slightly higher fixed rate in November. I already purchased up to the limits first thing in January 2022, and I’ll probably buy again in January 2023. However, I am also buying TIPS as the real yield right now is higher than that of I bonds...
Series I bonds are nonmarketable, meaning that they must be purchased directly from the U.S. Treasury and cannot be traded on secondary markets.1 How do I bonds work? The U.S. Treasury Department issues Series I bonds with a final maturity of 30 years, making this the maximum amount of...
If you hold I bonds purchased earlier than November 2021, you can find your current and upcoming interest rates in theU.S. Treasury's I Bond Rate Chart. Then, use the table below to determine which month the newest rate will take effect for your particular bond. ...
Electronic bonds can be purchased in any amount from $25 to $10,000, down to the penny.1 Note Series I bonds earn interest starting on the first day of each month. That interest is compounded semi-annually based upon the issue date of the specific I bond. The I bond issue date is...