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I Bond Value — July 2022

A $1,000.00 I Bond issued in July 2022 is worth $1,181.20 today.

Current total value

$1,181.20

Redemption value (incl. penalty)

$1,172.00

Current composite rate

3.12%

Interest earned to date

$181.20

About this July 2022 I Bond

This Series I savings bond was issued in July 2022 and locked in a fixed rate of 0.00% for the life of the bond. It has earned interest for 3 years, 11 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 $1,172.00.

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
July 2022 9.62% $1,000.00 $1,000.00
January 2023 6.48% $1,048.00 $1,023.60
July 2023 3.38% $1,082.00 $1,064.80
January 2024 3.94% $1,100.40 $1,091.20
July 2024 2.96% $1,122.00 $1,111.20
January 2025 1.90% $1,138.80 $1,130.40
July 2025 2.86% $1,149.60 $1,144.00
January 2026 3.12% $1,166.00 $1,157.60

Other amounts for July 2022

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