StacksVerified U.S. regulatory reference

31 CFR Part 359, Appendix B

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov
1. What months make up the composite semiannual rate period? You may use the following table to find when a bond's semiannual rate period begins and when we'll announce the rate that applies during each period. If your Bond has an issue date of— | Then its semiannual rate period begins— | We announce the rate that applies during a rate period in— January | January 1 | November 1 (of the previous year). | July 1 | May 1. February | February 1 | November 1 (of the previous year). | August 1 | May 1. March | March 1 | November 1 (of the previous year). | September 1 | May 1. April | April 1 | November 1 (of the previous year). | October 1 | May 1. May | May 1 | May 1. | November 1 | November 1. June | June 1 | May 1. | December 1 | November 1. July | July 1 | May 1. | January 1 | November 1 (of the previous year). August | August 1 | May 1. | February 1 | November 1 (of the previous year). September | September 1 | May 1 | March 1 | November 1 (of the previous year). October | October 1 | May 1. | April 1 | November 1 (of the previous year). November | November 1 | November 1. | May 1 | May 1. December | December 1 | November 1. | June 1 | May 1.