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I Bond Value — January 2022

A $1,000.00 I Bond issued in January 2022 is worth $1,223.20 today.

Current total value

$1,223.20

Redemption value (incl. penalty)

$1,214.00

Current composite rate

3.12%

Interest earned to date

$223.20

About this January 2022 I Bond

This Series I savings bond was issued in January 2022 and locked in a fixed rate of 0.00% for the life of the bond. It has earned interest for 4 years, 5 months, and its inflation component resets every six months. It is currently earning a composite rate of 3.12%.

Because this bond is less than five years old, redeeming it now forfeits the most recent three months of interest — a penalty of $9.20. Its redemption value today is $1,214.00.

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
January 2022 7.12% $1,000.00 $1,000.00
July 2022 9.62% $1,035.60 $1,017.60
January 2023 6.48% $1,085.60 $1,060.40
July 2023 3.38% $1,120.80 $1,103.20
January 2024 3.94% $1,139.60 $1,130.40
July 2024 2.96% $1,162.00 $1,150.80
January 2025 1.90% $1,179.20 $1,170.40
July 2025 2.86% $1,190.40 $1,184.80
January 2026 3.12% $1,207.60 $1,198.80

Other amounts for January 2022

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