{"id":7090,"date":"2024-11-01T06:18:54","date_gmt":"2024-11-01T06:18:54","guid":{"rendered":"https:\/\/finderica.com\/series-i-bond-rate-is-3-11-through-april-2025\/"},"modified":"2024-11-01T06:18:54","modified_gmt":"2024-11-01T06:18:54","slug":"series-i-bond-rate-is-3-11-through-april-2025","status":"publish","type":"post","link":"https:\/\/finderica.com\/?p=7090","title":{"rendered":"Series I bond rate is 3.11% through April 2025"},"content":{"rendered":"
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The US Department of Treasury in Washington, DC, on February 22, 2024.\u00a0<\/p>\n

Mandel Ngan | AFP | Getty Images<\/p>\n<\/div>\n<\/div>\n<\/div>\n

<\/a>How I bond rates work<\/h2>\n
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I bond rates have a variable and fixed rate portion, which the Treasury adjusts every May and November. Together, these are known as the I bond “composite rate.” You can see the history of both parts of the I bond rate here<\/a>.<\/p>\n<\/div>\n

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The variable rate is based on inflation and stays the same for six months after your purchase date, regardless of the Treasury’s next announcement.\u00a0<\/p>\n

Meanwhile, the fixed rate doesn’t change after purchase. This part of the rate is less predictable and the Treasury doesn’t disclose how it calculates the update.\u00a0<\/p>\n<\/div>\n

<\/a>How I bond rate changes affect current holders<\/h2>\n
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If you currently own I bonds, there’s a six-month timeline for rate changes, which shifts depending on your original purchase date.\u00a0<\/p>\n<\/div>\n

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After the first six months, the variable yield shifts to the next announced rate. For example, if you buy I bonds in September of any given year, your rates change<\/a> every year on March 1 and Sept. 1, according to the Treasury.\u00a0\u00a0<\/p>\n

For example, if you bought I bonds in September 2024, your variable rate would start at 2.96% and change to the new rate of 1.90% in March 2025. But your fixed rate would remain at 1.30%. That would bring your new composite rate to 3.2%.<\/p>\n<\/div>\n

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Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The US Department of Treasury in Washington, DC, on February 22, 2024.\u00a0 Mandel Ngan | AFP | Getty Images How I bond rates work I bond rates have a variable and fixed rate portion, which the Treasury adjusts every May and November. Together, these are known as the I bond “composite rate.” You can see<\/p>\n","protected":false},"author":1,"featured_media":7091,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rank_math_lock_modified_date":false,"footnotes":""},"categories":[196],"tags":[1869,1089,138,1868],"class_list":{"0":"post-7090","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-finance-news","8":"tag-april","9":"tag-bond","10":"tag-rate","11":"tag-series"},"_links":{"self":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts\/7090","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7090"}],"version-history":[{"count":0,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts\/7090\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/media\/7091"}],"wp:attachment":[{"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7090"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7090"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7090"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}