What Will Series I Bond Rate Be In May 2024. The us treasury will announce a new series i bond fixed rate on may 1 2024. I think the new fixed rate will be.
Savings i bonds bought from may 1, 2024 through october 31, 2024 will have a fixed rate of 1.30%, for a total composite rate of 4.28% for the first 6 months. That rate is currently set at 3.94%,.
The Treasury Sets The New Rate On I Bonds Every Six Months And The Next Reset Is Due Around May 1.
Multiply each average real yield by 0.65 to get an estimate of the potential i bond fixed rate, at that point in time.
For I Bonds Issued Between Nov.
Savings i bonds bought from may 1, 2024 through october 31, 2024 will have a fixed rate of 1.30%, for a total composite rate of 4.28% for the first 6 months.
That Rate Is Currently Set At 3.94%,.
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If It Looks Like The Rate Will Drop Again, But You Still Want Inflation Protection For Up To $10,000 Of Your Savings In 2024, You Can Purchase At The 4.28% Rate.
The us treasury will announce a new series i bond fixed rate on may 1 2024.
The Annual Rate For Series I Bonds Could Fall Below 5% In May Based On The Latest Inflation Data And Other Factors, Experts Predict.