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May 1, 2024 · With a Series I savings bond, you wait to get all the money until you cash in the bond. Electronic I bonds: We pay automatically when the bond matures (if you haven’t cashed it before then). Paper I bonds: You must submit the paper bond to cash it. See Cash in (redeem) an EE or I savings bond.
- Rates & Terms
I bonds interest rates. The interest rate on a Series I...
- Redeem
Cashing old bonds from other series. For these special...
- Buying Savings Bonds
You can buy an electronic savings bond for any amount from...
- Savings Bond Calculator
To see where the issue date and serial number are found on a...
- Tax Consider Ations
When we reissue the bond, we report the total interest the...
- Rates & Terms
- An Example
- Interest Rate Changes Depend on When We Issued The Bond
- The Interest Gets Added to The Bond's Value
- What Have Interest Rates Been For I Bonds?
The composite rate for I bonds issued from May 2024 through October 2024 is 4.28%. Here's how we got that rate:
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 apply to your I bond.
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. That gives the bond a new value (old value + interest earned). Over the next 6 months, we apply the new interest rate to that entire new value. This is called se...
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 enlarge the chart to view a particular row. We also have a Series I Bond rate history chart. Below, we show you historical rates in separate tables.
Feb 15, 2023 · Series I savings bonds can be used to park savings, to supplement income, to pay for educational expenses, or to give as a gift. You must have a Social Security Number and be a U.S. citizen, a U.S. resident, or a civilian employee of the United States to be eligible to buy them.
What I Bonds Look Like. Each of the eight paper I Bonds honors a prominent American who has contributed to the history of the United States and represents the diversity of the American people and culture.
1 day ago · I Bonds. Protect against inflation. The interest rate on a particular I bond changes every 6 months, based on inflation. Current Rate: 3.11% This includes a fixed rate of 1.20%. For I bonds issued November 1, 2024 to April 30, 2025
Mar 5, 2024 · A series I bond is a non-marketable, interest-bearing U.S. government savings bond. Series I bonds give investors a return plus inflation protection on their purchasing power...
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Jul 12, 2023 · Series I bonds are a type of U.S. savings bond issued by the Department of the Treasury that offer a unique combination of fixed and inflation-adjusted returns. They are intended to be a low-risk investment option for individual investors and are backed by the full faith and credit of the U.S. government.