31 CFR Appendix Appendix B to Part 359
Composite Semiannual Rate Period Table
July 31, 2023
Appendix B to Part 359—Composite Semiannual Rate Period Table
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.
Open Table
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. |