I Bond Value — May 2024
A $1,000.00 I Bond issued in May 2024 is worth $1,087.20 today.
Current total value
$1,087.20
Redemption value (incl. penalty)
$1,075.20
Current composite rate
4.66%
Interest earned to date
$87.20
About this May 2024 I Bond
This Series I savings bond was issued in May 2024 and locked in a fixed rate of 1.30% for the life of the bond. It has earned interest for 2 years, 1 month, and its inflation component resets every six months. It is currently earning a composite rate of 4.66%.
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 $1,075.20.
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 2024 | 4.28% | $1,000.00 | $1,000.00 |
| November 2024 | 3.21% | $1,021.60 | $1,010.80 |
| May 2025 | 4.18% | $1,038.00 | $1,029.60 |
| November 2025 | 4.44% | $1,059.60 | $1,048.80 |
| May 2026 | 4.66% | $1,083.20 | $1,071.20 |
Other amounts for May 2024
Check your own numbers
Want to value a different amount or date? Open the calculator prefilled for this May 2024 bond, or browse every issue month.