March CPI-U and the next CPI-U based Rate

The March CPI-U value increased to 217.631 and completes the range used to calculate the next variable rate, which goes into effect on May 1st.

Given the increase from September’s value of 215.969 to March’s value of 217.631, the CPI-U value increased by .76955%, which will be rounded to .77%.

 

Sep.	Oct.	Nov.	Dec.	Jan.	Feb	Mar.
215.969	216.177	216.330	215.949	216.687	216.741	217.631

 

All bonds sold May 1 through October 31 will have a CPI-U linked rate of .77% and an as yet unknown fixed rate. Currently issued I-Bonds will switch to the new rate on the 6-month anniversary of the issue date.