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I Bond Value — December 2023

A $1,000.00 I Bond issued in December 2023 is worth $1,111.60 today.

Current total value

$1,111.60

Redemption value (incl. penalty)

$1,099.60

Current composite rate

4.66%

Interest earned to date

$111.60

About this December 2023 I Bond

This Series I savings bond was issued in December 2023 and locked in a fixed rate of 1.30% for the life of the bond. It has earned interest for 2 years, 6 months, and its inflation component resets every six months. It is currently earning a composite rate of 4.66%.

Because this bond is less than five years old, redeeming it now forfeits the most recent three months of interest — a penalty of $12.00. Its redemption value today is $1,099.60.

Semiannual value table

Value of this $1,000.00 I Bond at the start of each six-month earning period since issue.

Semiannual value of a $1,000.00 I Bond from issue to today, including the composite rate earned each period and the redemption value after the early-redemption penalty.
Period start Composite rate Value Value after penalty
December 2023 5.27% $1,000.00 $1,000.00
June 2024 4.28% $1,026.40 $1,013.20
December 2024 3.21% $1,048.40 $1,037.20
June 2025 4.18% $1,065.20 $1,056.80
December 2025 4.44% $1,087.60 $1,076.40
June 2026 4.66% $1,111.60 $1,099.60

Other amounts for December 2023

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