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.

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