Treasury Announces New Series I Saving Bond Rate


Updated on Thu Nov 1, 2012

It’s the first of November, which means a new rate cycle for Series I savings bonds. The next semi-annual composite rate for I bonds will be 1.76% (calculated with an inflation rate of 0.88% and a fixed-rate component of 0%).

I-bonds will receive an effective APY of 0.88% if they are purchased between November and April and redeemed after 12 months (assuming the next semi-annual rate cycle has a composite rate of 0%).

Savers who bought I-bonds between May 2012 and September 2012 will earn an effective 1.56% APY if redeemed after 12 months (early redemption penalty already accounted for).

I-bonds can be purchases at — $10,000 limit per Social Security number.


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