Record 9.62%  I Bonds Rate Ends in October

Record 9.62%  I Bonds Rate Ends in October

The inflation rate for Series I savings bonds hit an all time high as 9.62%

Series I savings bonds have interest rates tied to inflation

Last day to buy I bonds at the 9.62% rate will be October 28, 2022

The Treasury will announce the new variable rate for I bonds on  November 1,2022

How Can I Purchase these I bonds ?

I bonds are sold electronically through Treasury Direct. Need to create an account at TreasuryDirect for Purchasing I bonds

All Americans can buy up to $10,000 per year and additional paper I bonds can only be purchased with your tax refund, up to $5,000 per year

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