I Bonds October 2024. Earlier this year, i think most i bond investors were assuming that the i bond’s next fixed rate would end up being lower than the current. The fixed rate of an i bond will never change.
The interest rate for series i bonds is unimpressive in some economic environments. These dates are based on sifma recommendations and may not be followed by all.
For Example, If You Bought In October 2022, Your I Bond Won’t Renew At 3.94% Until April 2024!
The fixed rate of an i bond will never change.
A Second Interest Component Is Based On Inflation Rates, And It Resets Every Six Months.
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The Current Fixed Rate Is:
Images References :
1, 2023, And April 30, 2024, The Fixed Interest Rate Is 1.3%.
The two rates are combined to form a composite rate, also known as the earnings rate.
Purchases Through April 30, 2024, Will Have A Fixed Rate Of 1.3%, Which Means The Return Will Exceed Official U.s.
27% interest rate over the next six months.
A Second Interest Component Is Based On Inflation Rates, And It Resets Every Six Months.