Series I Bonds May 2024. The combined return is 5.24%. There are some good reasons to buy i bonds, such as to protect your money from inflation.
Most cds and treasuries with longer durations than two years have fallen 100 basis. The fixed rate of an i bond will never change.
The Fixed Rate Of An I Bond Will Never Change.
The current rate for march 2024 purchases is 5.27%.
The Current Fixed Rate Is:
27% interest rate over the next six months.
The Variable Inflation Rate Component Is The Difference Between The Two, Or 3.94%.
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Your Renewal Rate, Which Will Go Into Effect 6 Months After Your Purchase, Is Unknown Until Late April 2024.
Specifically, the 5.27% yield is a combination of a 1.3% fixed rate that will.
This Article Has Been Updated To Reflect The Current New Series I Bond Rates For November, 2023 To May, 2024 Period.
I bonds are a type of savings bond that are designed to protect your investment from inflation.
The Current Rate For March 2024 Purchases Is 5.27%.