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I Bond Value — June 2023

A $1,000.00 I Bond issued in June 2023 is worth $1,124.40 today.

Current total value

$1,124.40

Redemption value (incl. penalty)

$1,113.20

Current composite rate

4.26%

Interest earned to date

$124.40

About this June 2023 I Bond

This Series I savings bond was issued in June 2023 and locked in a fixed rate of 0.90% for the life of the bond. It has earned interest for 3 years, and its inflation component resets every six months. It is currently earning a composite rate of 4.26%.

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 $1,113.20.

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
June 2023 4.30% $1,000.00 $1,000.00
December 2023 4.86% $1,021.60 $1,010.80
June 2024 3.87% $1,046.40 $1,034.00
December 2024 2.81% $1,066.80 $1,056.40
June 2025 3.77% $1,081.60 $1,074.40
December 2025 4.03% $1,102.00 $1,091.60
June 2026 4.26% $1,124.40 $1,113.20

Other amounts for June 2023

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