As expected, the new I bond rate for May 2012 is a composite rate of 2.20%.
The composite rate reflects the 1.1% in CPI-U for the September-March period and a fixed rate of 0.0%. The fixed rate has now been 0% for the past 2 years.
As always, the 2.20% rate is available now for newly purchased bonds while the 1.1% CPI-U change will affect currently issued bonds on the 6-month anniversary of the bond's issue date.
Source: http://www.treasurydirect.gov/news/pressroom/pressroom_comeeandi0512.htm
View: May 2012 Current I Bond Rate
The composite rate reflects the 1.1% in CPI-U for the September-March period and a fixed rate of 0.0%. The fixed rate has now been 0% for the past 2 years.
As always, the 2.20% rate is available now for newly purchased bonds while the 1.1% CPI-U change will affect currently issued bonds on the 6-month anniversary of the bond's issue date.
Source: http://www.treasurydirect.gov/news/pressroom/pressroom_comeeandi0512.htm
View: May 2012 Current I Bond Rate
