Current Interest Rate Series I Savings Bonds 6.89% For savings bonds issued November 1, 2024 to April 30, 2024. Fixed rate You know the fixed rate of interest that you will get for your bond when you buy the bond. The fixed rate never changes. We announce the fixed rate every May 1 and November 1. See more The composite rate for I bonds issued from May 2024 through October 2024 is 9.62%. Here's how we got that rate: See more I bonds earn interest from the first day of the month you buy them. Twice a year, we add all the interest the bond earned in the previous 6 months to the main (principal) valueof the bond. … See more Although we announce the new rates in May and November, the date when the rate changes for your bond is every 6 months from the issue date of your bond. Use this table to understand when each new rate begins to … See more We've put all the rates together in one chart– fixed rate, inflation rate, and combined rate. You can look up a specific bond there and see its entire history. You will probably have to … See more WebJan 13, 2024 · Series I Savings Bonds, normally a boring, little-discussed tool for savers, got a lot more attention in the past year with the spike in inflation. ... Given current CD rates, we see that expected ...
Treasury announces new rate of 6.89% for inflation-proof I bonds
WebNov 1, 2024 · The U.S. Department of the Treasury on Tuesday announced Series I bonds will pay 6.89% annual interest through April 2024, down from the 9.62% yearly rate offered since May. It’s the... WebNov 1, 2024 · Rates for Series I Bonds Series I savings bonds, or I bonds, purchased through April 2024 will earn 6.89%, TreasuryDirect® announced Nov. 1, 2024. The rate is the third highest since I bonds were introduced in 1998, but down from the record prior rate of 9.62%. Inflation-Adjusting Asset and Annual Limit s frazier wellness services south st paul
Savings account rates today: April 10, 2024 – USA TODAY Blueprint
Web1 day ago · The latest CPI numbers for March indicate that the variable rate is going to pan out at an annualized rate of 3.38%, down from the current rate of 6.48%, according to … WebNov 4, 2024 · The interest rate on I bonds changes every six months, and on Nov. 1 the Treasury announced the new rate: 6.89%. While that's lower than I bonds' interest rates for the past two periods, it's... WebApr 4, 2024 · The draft proposal is aimed at harmonising the current 6% and 12% rates into one single reduced rate of 9% (electricity, natural gas and heating via heating networks, as well as tap water, remaining subject to the 6% rate and coal becoming subject to … blender cutting object in half