WebNov 2, 2024 · The U.S. Department of the Treasury recently announced I bonds will pay a 6.89% interest rate through April 2024. The current yield on I bonds is down from a peak of 9.62% during the... WebThe interest rate of I bonds for the past six months was 9.62%, the highest yield this savings bond has offered since its debut in 1998. The new inflation rate for I bonds is 6.89% and will last ...
Are I Bonds Still a Good Investment in 2024? - fool.com
WebApr 12, 2024 · Series I savings bond rates are adjusted every six months. The rate for the first six months changes on May 1 and November 1 of each year based on the change in the consumer price index... WebMar 13, 2024 · The current bond composite rate is 6.89%. That rate applies for the first six months for bonds issued from November 2024 to April 2024. For example, if you purchased I bonds on Nov. 1, 2024, the 6... mandinas cofetarie
Series I Savings Bonds - Interest Rate Update - Retirement Daily on ...
WebSeries I bond rate confusion. I purchased a $10,000 series I bond last September when the rate was 9.62%. I checked my account today and it is now worth $10,320. I was thinking $10k x 9.62% = $962 divided by 2 (6 months) would total $10,481. I thought that the rate was locked for 6 months from the time of purchase, not when the new rate is ... WebMar 13, 2024 · Currently, I bonds are offering a composite rate of 6.89% until April 30, 2024. As its name suggests, an I bond's inflation rate is heavily impacted by inflation. As inflation changes, the... WebOct 25, 2024 · You must purchase I bonds and receive your confirmation email by Oct. 28 to lock in the record 9.62% rate. The rate is expected to drop to roughly 6.48% in November, based on inflation, experts ... mandi mitchell wichita ks