# I Bonds News

## November I Bond Rate is 1.38%

**11/1/2013**

The return of a non-zero fixed rate is welcome news after 6 periods of 0%.

## November 2013 I Bond Rate Prediction

**10/31/2013**

The CPI-U numbers have finally been released after the delay caused by the government shutdown and we can begin to speculate on the next I-Bond Rate.

September's CPI-U value of 234.149 shows an increase over March's value of 232.773, or 0.59%. The resulting semi-annual inflation component of the November composite rate will be 1.18%, which is the same as it is now.

If we assume the fixed rate portion is not increased again, the resulting composite rate for a new I Bond in November will be 1.18% again.

Theoretical Fixed Rate | Composite Rate |

0.00% | 1.18% |

0.10% | 1.28% |

0.20% | 1.38% |

0.30% | 1.48% |

0.40% | 1.58% |

0.50% | 1.68% |

0.60% | 1.78% |

0.70% | 1.88% |

0.80% | 1.98% |

0.90% | 2.09% |

1.00% | 2.19% |

1.10% | 2.29% |

1.20% | 2.39% |

1.30% | 2.49% |

1.40% | 2.59% |

## May 2013 I Bond Rate

**5/1/2013**

The CPI-U value increased from September's value of 231.407 to a value of 232.773 in March 2013. The resulting 0.59% semi-annual increase translates to a 1.18% CPI-U-linked rate for the May I Bond. The fixed rate of the newly issued bonds remains 0% for this period of May through November. The resulting composite rate is therefore 1.18% for a newly purchased I Bond.

## I Bond Rate for November 2012 - April 2013

**11/1/2012**

As expected, the I bond rate for the period of November 2012 through April 2013 will have a composite rate of 1.76%. The new composite rate reflects the 0.88% increase in semi-annual inflation as mesaured by the CPI-U index and the new fixed rate, which remained at 0%.

As always, the 1.76% rate is available now for newly purchased bonds while the 0.88% CPI-U change will affect currently issued bonds on the 6-month anniversary of the bond's issue date.

Source http://www.treasurydirect.gov/news/pressroom/pressroom_comeeandi1112.htm## What will the next I Bond rate be? November 2012

**10/16/2012**

CPI-I values for March - September

March | April | May | June | July | Aug. | Sept. |

229.392 | 230.085 | 229.815 | 229.478 | 229.104 | 230.379 | 231.407 |

Possible November I Bond rates

Theoretical Fixed Rate | Composite Rate |

0.00% | 1.76% |

0.10% | 1.86% |

0.20% | 1.96% |

0.30% | 2.06% |

0.40% | 2.16% |

0.50% | 2.26% |

0.60% | 2.37% |

0.70% | 2.47% |

0.80% | 2.57% |

0.90% | 2.67% |

1.00% | 2.77% |

1.10% | 2.87% |

1.20% | 2.97% |

1.30% | 3.07% |

1.40% | 3.17% |

## May - October 2012 I Bond Rate

**5/1/2012**

**I bond rate for May 2012**is a composite rate of

**2.20%**.

The composite rate reflects the 1.1% in CPI-U for the September-March period and a fixed rate of 0.0%. The fixed rate has now been 0% for the past 2 years.

As always, the 2.20% rate is available now for newly purchased bonds while the 1.1% CPI-U change will affect currently issued bonds on the 6-month anniversary of the bond's issue date.

Source: http://www.treasurydirect.gov/news/pressroom/pressroom_comeeandi0512.htm

View: May 2012 Current I Bond Rate

## May 2012 I Bond rate

**4/14/2012**

**What will the next I Bond rate be?** Now that we have the 6 month change in the CPI-U for September to March, we know what the inflation-linked rate will be in May 2012. We will now know the fixed rate of the new bonds until the May announcement, but we can calculate what the composite rate may be based on different values for the fixed rate.

The CPI-U increased by 1.1% for this semi-annual period. The fixed rate is currently set at 0%, where it has been for the past 3 consecutive periods. If this fixed rate holds, we can see a May I Bond rate of 2.2%.

Theoretical Fixed Rate | Composite Rate |

0.00% | 2.20% |

0.10% | 2.30% |

0.20% | 2.40% |

0.30% | 2.50% |

0.40% | 2.60% |

0.50% | 2.71% |

0.60% | 2.81% |

0.70% | 2.91% |

0.80% | 3.01% |

0.90% | 3.11% |

1.00% | 3.21% |

1.10% | 3.31% |

1.20% | 3.41% |

1.30% | 3.51% |

1.40% | 3.61% |

It seems likely the fixed rate will continue to stay at 0%, which would result in a 2.2% I Bond for the first 6 months. Since the current composite rate is 3.06% and it seems unlikely the fixed rate will improve, there is little reason to wait until May to purchase I Bonds.

## CPI-U Update for May I Bond Rate

**4/14/2012**

The March CPI-U value has been released, meaning we can now calculate the inflation-linked rate of the May I Bond. With a CPI-U increase from 226.889 to 229.392, the semi-annual inflation results in a 1.1% inflation-linked rate for the May I Bond.

Sept. | Oct. | Nov. | Dec. | Jan. | Feb. | Mar. |

226.889 | 226.421 | 226.230 | 225.672 | 226.665 | 227.663 | 229.392 |

## October and November CPI-U

**12/31/2011**

The CPI-U values for October and November show a slight deflationary period since the last CPI-U value for the November I Bond was released. The CPI-U value for October fell from Septemberâ€™s value of 226.889 to 226.421. The value fell again from Octoberâ€™s value to the November value of 226.230. It is far too early to tell what the value of the May I Bond will be, but with deflation or low inflation, the variable rate is sure to be low again.

Sept. | Oct. | Nov. | Dec. | Jan. | Feb. | Mar. |

226.889 | 226.421 | 226.230 |

## November 2011 - May 2012 I Bond Rate

**11/1/2011**The rate for a newly purchased I Bond for November 2011 through April 2012 is 3.06%.

This rate includes the CPI-U change from March through September, which increased 1.53%. The newly announced fixed rate is 0.00%. This is the same fixed rate as the previous 6 months. The resulting composite rate for a newly purchased rate is 3.06%.

http://treasurydirect.gov/news/pressroom/pressroom_comeeandi1111.htm