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I-Bond Savings Bond Fixed Rate Increased To 1.30%

MAKNYC
  |     |   324 posts since 2015

The Treasury announced today it is raising the permanent fixed rate on the U.S. Series I Bond to 1.3% (from .9%) resulting in a composite rate for I Bonds purchased from November 2023 to April 2024 of 5.27%.

This fixed rate compares to TIPS, which while similar, have differing attributes, and have much higher yields in the 2.4% range.

https://treasurydirect.gov/savings-bonds/

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