The new I Bond rate was announced today, resulting in a 3.36% composite rate for newly purchased I Bonds for November 2009 through April 2010.
The new bond rate includes the 1.53% CPI-U linked rate and the newly announced 0.30% fixed rate. This fixed rate is up from last period's 0.10%, but is still fairly low compared to past fixed rates.
I-Bonds purchased in past periods keep their fixed rate, but will adjust to the new CPI-U linked rate on the 6 month anniversary of their purchase.
Monday, November 2, 2009
Subscribe to:
Posts (Atom)