I Bonds 2024 Rate. After that time period, your total rate is. Based on the most recent inflation figures and how rates are calculated, the new rate for i bonds could be 4.28%, according to ken tumin, a senior industry analyst.
The current i bond composite rate is 4.28%. Treasury announced this week that i bonds purchased between november 2023 and may 2024 will earn 5.27% for the first six.
The Current Fixed Rate Is:
I bonds issued from november 2023 through april 2024 have a guaranteed 5.27% yield.
I Think The New Fixed Rate Will Be ≫=1.30% No:
Purchases through april 30, 2024, will have a fixed rate of 1.3%, which means the return will exceed official.
People Who Buy I Bonds By The End Of April 2024 Will Lock In The 1.3% Fixed Rate For The Life Of The Bond (30 Years), While The Variable Rate Will Reset Every Six Months.
Images References :
Fixed Rate Bonds Can Be A Great Option For A Guaranteed Higher Return On Your Savings If You’re Prepared To Lock Your Money Away For A Period.
For i bonds issued between nov.
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 interest rate on i bonds changes every six months, and with the latest inflation reading now released, we can calculate what the next rate will be on existing i.