1. LawStack
  2. Title 31 - Money and Finance: Treasury
  3. Subtitle B - Regulations Relating to Money and Finance
  4. Chapter II - Fiscal Service, Department of the Treasury
  5. Subchapter A - Bureau of the Fiscal Service
  6. Part 359 - Offering of United States Savings Bonds, Series I
  7. Subpart A - General Information
  8. 31 CFR § 359.8
31 CFR § 359.8
How does interest accrue on Series I savings bonds?
July 31, 2023
CFR
Editorial Note on Subchapter A of Chapter II

Editorial Note:

Nomenclature changes to subchapter A appear at 78 FR 60697, Oct. 2, 2013.

§ 359.8 How does interest accrue on Series I savings bonds?

A bond accrues interest based on both a fixed rate of return and a semiannual inflation rate. A single, annual rate called the composite rate reflects the combined effects of the fixed rate and the semiannual inflation rate. For more information, see appendix B of part 359.

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§ 359.7 If I redeem a Series I savings bonds before five years after the issue date, is there an interest penalty?
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§ 359.9 When are interest rates for Series I savings bonds announced?

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