I Bond Interest Rate In May 2024. The us treasury will announce a new series i bond fixed rate on may 1 2024. If you buy i bonds between november 2023 and april 2024, you’ll be guaranteed a total rate of 5.27% for the next six months (based on the previous six months formula).
The annual rate for series i bonds could fall below 5% in may based on the latest inflation data and other factors, experts predict. Both the permanent fixed rate and inflation rate will be reset again on may 1, 2024.
Series Ee Savings Bonds Issued May 2024 Through October 2024 Will Earn An Annual Fixed Rate Of 2.70% And Series I Savings Bonds Will Earn A Composite.
The treasury sets the new rate on i bonds every six months and the next reset is due around may 1.
The Current April 2024 I Bond Inflation Rate Is 3.94%.
After that time period, your total rate is.
That Rate Is Currently Set At 3.94%,.
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The Current Fixed Rate Is:
For bonds issued may 1, 2024 to october 31, 2024 current rate:
The Current Rate Of 5.27% Will Be In Effect For I Bonds Bought.
That rate is currently set at 3.94%,.