I Bond Value — May 2023
A $1,000.00 I Bond issued in May 2023 is worth $1,128.40 today.
Current total value
$1,128.40
Redemption value (incl. penalty)
$1,116.80
Current composite rate
4.26%
Interest earned to date
$128.40
About this May 2023 I Bond
This Series I savings bond was issued in May 2023 and locked in a fixed rate of 0.90% for the life of the bond. It has earned interest for 3 years, 1 month, 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 $11.60. Its redemption value today is $1,116.80.
Semiannual value table
Value of this $1,000.00 I Bond at the start of each six-month earning period since issue.
| Period start | Composite rate | Value | Value after penalty |
|---|---|---|---|
| May 2023 | 4.30% | $1,000.00 | $1,000.00 |
| November 2023 | 4.86% | $1,021.60 | $1,010.80 |
| May 2024 | 3.87% | $1,046.40 | $1,034.00 |
| November 2024 | 2.81% | $1,066.80 | $1,056.40 |
| May 2025 | 3.77% | $1,081.60 | $1,074.40 |
| November 2025 | 4.03% | $1,102.00 | $1,091.60 |
| May 2026 | 4.26% | $1,124.40 | $1,113.20 |
Other amounts for May 2023
Check your own numbers
Want to value a different amount or date? Open the calculator prefilled for this May 2023 bond, or browse every issue month.