I Savings Bonds: Nearly 10% Yield + 10X More Popular!

cumulus | Apr 25, 2022 | 1,266 posts since 2010

"Nothing like a 10% yield with no principal risk to attract more attention to a quiet little investment option. ..."

https://www.mymoneyblog.com/i-savings-bonds-10-yield.html

[Moderator: The URL has been corrected.]

Post a comment

alan1 | Apr 25, 2022 | 878 posts since 2015

corrected link for article:
https://www.mymoneyblog.com/i-savings-bonds-10-yield.html

Choice | Apr 25, 2022 | 937 posts since 2020

I’m looking forward (also) to the first Monday of the month and whether or not NFCU resumes its past practices of announcing new and improved rates…also hope they enhanced their business/loan development departments

milty | May 2, 2022 | 1,688 posts since 2018

The Treasury supposedly updates the rates on the first business day in May and November. So, anyone know what time that typically is done?

alan1 | May 2, 2022 | 878 posts since 2015

The May 2022 announcement was issued at 10 AM Eastern Time on Monday, May 2, 2022.
https://www.treasurydirect.gov/news/pressroom/currentibondratespr.htm

That is typical. (I'm not going to post links to previous announcements of the Bureau of the Fiscal Service.)

The Series I bond fixed rate remains at zero. Composite rate is 9.62% for the first six months of bonds issued from May 2022 through October 2022.

EE bonds issued May 2022 through October 2022 will earn an annual fixed rate of 0.10%.

milty | May 2, 2022 | 1,688 posts since 2018

Thanks, alan1. Also Series EE Bonds Issued from May 1997 through April 2005 now earn 1.60% up from 0.77%. Looks like their system for calculating paper bonds hasn't been updated yet.

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.