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Terry Savage: An update on savings bonds

Digilifetrends Published 1 min read

The interest rate on Series I Savings Bonds has risen to an annual 5.51% for the next six months. That figure combines a fixed base rate of 1.40% with a current inflation adjustment of 4.08%. The stated rate applies to new purchases, while the inflation adjustment is added to the fixed base rate on earlier bond purchases.

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%.

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