What Will The May 2024 I Bond Rate Be. If you buy i bonds between november 2023 and april 2024, you’ll be guaranteed a total rate of 5.27% for the next six months (based on the previous six months formula). The new rate will apply to i bonds purchased in may through october of this year.
Purchases through april 30, 2024, will have a fixed rate of 1.3%, which means the return will exceed official u.s. Treasury is yielding 4.63% this morning, up from 3.87% at the start of february.
I Bonds That Are Issued From November 2023 Through Apr.
Recession in the past may normalize this year in a highly unusual manner.
It Appears Likely, At This Point, That The New Fixed Rate.
Multiply each average real yield by 0.65 to get an estimate of the potential i bond fixed rate, at that point in time.
The Current Fixed Rate Is:
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Inflation By 1.3% Until The I Bond Is Redeemed Or.
For the next six months (from april 30, 2024 to october 29, 2024), the interest rate on this frb bond will be 8%.
My Rough Guess Is Somewhere Between 1% And 1.5%.
If you buy i bonds between november 2023 and april 2024, you’ll be guaranteed a total rate of 5.27% for the next six months (based on the previous six months formula).
The Rate Of Interest On Government Of India Floating Rate Bond 2024 (Frb.