31 CFR § 359.8 Offering of United States Savings Bonds, Series I

§ 359.8 How does interest accrue on Series I savings bonds?

Current through Oct 6, 2026 · Read all of Part 359

A bond accrues interest based on both a fixed rate of return and a semiannual inflation rate. A single, annual rate called the composite rate reflects the combined effects of the fixed rate and the semiannual inflation rate. For more information, see appendix B of part 359.

← § 359.7 If I redeem a Series I savings bonds before five years after the issue date, is there an interest penalty?§ 359.9 When are interest rates for Series I savings bonds announced? →