Ibond Fixed Rate May 2024. Treasury department announces new series i bond rate of 4.28% for the next six months. The annual rate for newly purchased series i bonds could fall below 5% in may, which is lower than the current 5.27% on new purchases through april 30.
My rough guess is somewhere between 1% and 1.5%. Fiscal service announces new savings bonds rates, series i to earn 4.28%, series ee to earn 2.70% for release at 10:00 am may 1, 2024.
For I Bonds Issued Between Nov.
Treasury announced this week that i bonds purchased between november 2023 and may 2024 will earn 5.27% for the first six months.
At This Point, I Would Guess The Treasury Will Hold The I Bond’s Fixed Rate At 1.30% At The May 1 Reset, Based On A Ratio Of 0.65 Applied To The Average.
Policymakers believe that they need to use interest rates to tap the brakes on demand and bring inflation fully under control.
1, 2023, And April 30, 2024, The Fixed Interest Rate Is 1.3%.
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Low Fixed Rate On Older I Bonds.
1, 2023, and april 30, 2024, the fixed interest rate is 1.3%.
The Average Loan Carried An 11.9 Percent Rate In March, Up From 11.4 Percent In The Same Month In 2023 And 8.1 Percent In 2022.
Looking for series ee bond rates?
The New Rate For May Through October 2024 Is Slated To Be 2.96%, Based On Inflation.
