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Terry Savage: An update on savings bonds

Digilifetrends Published 1 min read
The new interest rate on Series I Savings Bonds has jumped to 5.51% annual interest rate for the next six months— a combination of a fixed base rate of 1.40%, and a current inflation adjustment of 4.08%.
The new interest rate on Series I Savings Bonds has climbed to a 5.51% annual return for the next six months, made up of a fixed base rate of 1.40% and an inflation adjustment of 4.08%.

The new interest rate on Series I Savings Bonds has risen to 5.51% annual interest for the next six months, combining a fixed base rate of 1.40% with a current inflation adjustment of 4.08%. That rate will apply to all new purchases, and the inflation adjustment will be added to the fixed base rate on earlier bond holdings.

The combined 5.51% rate is higher than the 4.26% yield on purchases made in the earlier offering period.

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