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I Bond Value — January 2024

A $1,000.00 I Bond issued in January 2024 is worth $1,107.60 today.

Current total value

$1,107.60

Redemption value (incl. penalty)

$1,095.60

Current composite rate

4.44%

Interest earned to date

$107.60

About this January 2024 I Bond

This Series I savings bond was issued in January 2024 and locked in a fixed rate of 1.30% for the life of the bond. It has earned interest for 2 years, 5 months, and its inflation component resets every six months. It is currently earning a composite rate of 4.44%.

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 $1,095.60.

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
January 2024 5.27% $1,000.00 $1,000.00
July 2024 4.28% $1,026.40 $1,013.20
January 2025 3.21% $1,048.40 $1,037.20
July 2025 4.18% $1,065.20 $1,056.80
January 2026 4.44% $1,087.60 $1,076.40

Other amounts for January 2024

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