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Terry Savage: Series I savings bond rate update

Digilifetrends Published 1 min read

The new interest rate for Series I Savings Bonds has risen to 5.51% annual interest for the next six months. That rate combines a fixed base rate of 1.40% with a current inflation adjustment of 4.08%. The headline rate applies to all new purchases, while the inflation adjustment will also be 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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