I Bond Value — August 2023
A $1,000.00 I Bond issued in August 2023 is worth $1,116.80 today.
Current total value
$1,116.80
Redemption value (incl. penalty)
$1,105.60
Current composite rate
4.03%
Interest earned to date
$116.80
About this August 2023 I Bond
This Series I savings bond was issued in August 2023 and locked in a fixed rate of 0.90% for the life of the bond. It has earned interest for 2 years, 10 months, and its inflation component resets every six months. It is currently earning a composite rate of 4.03%.
Because this bond is less than five years old, redeeming it now forfeits the most recent three months of interest — a penalty of $11.20. Its redemption value today is $1,105.60.
Semiannual value table
Value of this $1,000.00 I Bond at the start of each six-month earning period since issue.
| Period start | Composite rate | Value | Value after penalty |
|---|---|---|---|
| August 2023 | 4.30% | $1,000.00 | $1,000.00 |
| February 2024 | 4.86% | $1,021.60 | $1,010.80 |
| August 2024 | 3.87% | $1,046.40 | $1,034.00 |
| February 2025 | 2.81% | $1,066.80 | $1,056.40 |
| August 2025 | 3.77% | $1,081.60 | $1,074.40 |
| February 2026 | 4.03% | $1,102.00 | $1,091.60 |
Other amounts for August 2023
Check your own numbers
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