I Bonds offer 4.3% rate with surprise fixed increase.

1 min read
Source: Detroit Free Press
I Bonds offer 4.3% rate with surprise fixed increase.
Photo: Detroit Free Press
TL;DR Summary

The fixed rate on I Bonds has increased to 0.9% for bonds bought from May through October, up from 0.4% for bonds bought from November 2022 through April. The inflation-adjusted rate, which changes every six months, is added on top of the fixed rate. Savers can buy I Bonds for as little as $25 at TreasuryDirect.gov and the bonds are held in an online account. An individual can buy up to $10,000 in I Bonds each calendar year.

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