May 2024 I Bond Rates. A second interest component is based on inflation rates, and it resets every. Earning 5.27% is a solid return, but it’s far less than what i bond rates were recently, a rate of 9.62% during may 2022 to october 2022,.
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That Would Be Lower Than The.
Savings i bonds bought from may 1, 2024 through october 31, 2024 will have a fixed rate of 1.30%, for a total composite rate of 4.28% for the first 6 months.
At The May 1 Reset, That Variable Rate Will Fall To 2.96% For I Bonds Purchased In May To October, And Then Eventually For All I Bonds After Six Months Of The 5.27% Rate.
The composite rate will then adjust every six months based on inflation.
What Have Series Ee Bond Rates Been In The Past?
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The annual rate for series i bonds could fall below 5% in may based on the latest inflation data and other factors, experts predict.
For I Bonds Issued Between Nov.
Earning 5.27% is a solid return, but it’s far less than what i bond rates were recently, a rate of 9.62% during may 2022 to october 2022,.