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I Bond Value — March 2023

A $1,000.00 I Bond issued in March 2023 is worth $1,135.20 today.

Current total value

$1,135.20

Redemption value (incl. penalty)

$1,125.20

Current composite rate

3.53%

Interest earned to date

$135.20

About this March 2023 I Bond

This Series I savings bond was issued in March 2023 and locked in a fixed rate of 0.40% for the life of the bond. It has earned interest for 3 years, 3 months, and its inflation component resets every six months. It is currently earning a composite rate of 3.53%.

Because this bond is less than five years old, redeeming it now forfeits the most recent three months of interest — a penalty of $10.00. Its redemption value today is $1,125.20.

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
March 2023 6.89% $1,000.00 $1,000.00
September 2023 3.79% $1,034.40 $1,017.20
March 2024 4.35% $1,054.00 $1,044.00
September 2024 3.37% $1,076.80 $1,065.60
March 2025 2.30% $1,094.80 $1,086.00
September 2025 3.27% $1,107.20 $1,101.20
March 2026 3.53% $1,125.20 $1,116.40

Other amounts for March 2023

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