Series I Bond Rates May 2024. How long do i get the current i bond. I think the new fixed rate will be >=2.70%.
See how we got this number below. It will adjust again on may 1, 2024, rolling into effect for all i bonds, no matter when they were.
For Example, For I Bonds Purchased Between November 2023 And May 2024, The Fixed Rate Is 1.3%, And The.
If rates stay the same you could earn almost $534 in interest in one year.
The Variable Rate Resets Every 6 Months And Has Consistently Fallen With Inflation.
The us treasury will announce a new series i bond fixed rate on may 1 2024.
The March 2024 I Bond Inflation Rate Is 3.94%;
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The New Rate Is Up From The 4.3 Percent Rate On.
The current fixed rate is:
I Bonds Have A 5.27% Interest Rate Until April 30, 2024.
Historical i bond issues and rates year month investment simulations fixed rate inflation rate composite rate (computed) name press release;
I Bonds You Bought In Summer 2022 Had A 0% Fixed Rate And A 9.62% Variable Rate.