I Bond Value — October 1998
A $1,000.00 I Bond issued in October 1998 is worth $5,124.00 today.
Current total value
$5,124.00
Redemption value (incl. penalty)
$5,124.00
Current composite rate
6.57%
Interest earned to date
$4,124.00
About this October 1998 I Bond
This Series I savings bond was issued in October 1998 and locked in a fixed rate of 3.40% for the life of the bond. It has earned interest for 27 years, 8 months, and its inflation component resets every six months. It is currently earning a composite rate of 6.57%.
This bond is more than five years old, so there is no early-redemption penalty: its redemption value equals its full value of $5,124.00.
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 |
|---|---|---|---|
| October 1998 | 4.66% | $1,000.00 | $1,000.00 |
| April 1999 | 5.15% | $1,023.20 | $1,011.60 |
| October 1999 | 5.15% | $1,049.60 | $1,036.40 |
| April 2000 | 6.98% | $1,076.80 | $1,063.20 |
| October 2000 | 7.28% | $1,114.40 | $1,095.60 |
| April 2001 | 6.49% | $1,154.80 | $1,134.40 |
| October 2001 | 6.33% | $1,192.40 | $1,173.20 |
| April 2002 | 5.82% | $1,230.00 | $1,211.20 |
| October 2002 | 3.97% | $1,265.60 | $1,247.60 |
| April 2003 | 5.90% | $1,290.80 | $1,278.00 |
| October 2003 | 7.00% | $1,328.80 | $1,328.80 |
| April 2004 | 4.50% | $1,375.20 | $1,375.20 |
| October 2004 | 5.82% | $1,406.00 | $1,406.00 |
| April 2005 | 6.11% | $1,446.80 | $1,446.80 |
| October 2005 | 7.04% | $1,490.80 | $1,490.80 |
| April 2006 | 9.20% | $1,543.20 | $1,543.20 |
| October 2006 | 4.42% | $1,614.00 | $1,614.00 |
| April 2007 | 6.55% | $1,649.60 | $1,649.60 |
| October 2007 | 5.86% | $1,703.60 | $1,703.60 |
| April 2008 | 6.51% | $1,753.60 | $1,753.60 |
| October 2008 | 8.32% | $1,810.80 | $1,810.80 |
| April 2009 | 8.40% | $1,886.00 | $1,886.00 |
| October 2009 | 0.00% | $1,965.20 | $1,965.20 |
| April 2010 | 6.51% | $1,965.20 | $1,965.20 |
| October 2010 | 4.97% | $2,029.20 | $2,029.20 |
| April 2011 | 4.15% | $2,079.60 | $2,079.60 |
| October 2011 | 8.08% | $2,122.80 | $2,122.80 |
| April 2012 | 6.51% | $2,208.40 | $2,208.40 |
| October 2012 | 5.64% | $2,280.40 | $2,280.40 |
| April 2013 | 5.19% | $2,344.80 | $2,344.80 |
| October 2013 | 4.60% | $2,405.60 | $2,405.60 |
| April 2014 | 4.60% | $2,460.80 | $2,460.80 |
| October 2014 | 5.27% | $2,517.20 | $2,517.20 |
| April 2015 | 4.91% | $2,583.60 | $2,583.60 |
| October 2015 | 1.77% | $2,647.20 | $2,647.20 |
| April 2016 | 4.97% | $2,670.80 | $2,670.80 |
| October 2016 | 3.56% | $2,737.20 | $2,737.20 |
| April 2017 | 6.21% | $2,786.00 | $2,786.00 |
| October 2017 | 5.39% | $2,872.40 | $2,872.40 |
| April 2018 | 5.92% | $2,950.00 | $2,950.00 |
| October 2018 | 5.66% | $3,037.20 | $3,037.20 |
| April 2019 | 5.76% | $3,123.20 | $3,123.20 |
| October 2019 | 4.82% | $3,213.20 | $3,213.20 |
| April 2020 | 5.45% | $3,290.80 | $3,290.80 |
| October 2020 | 4.48% | $3,380.40 | $3,380.40 |
| April 2021 | 5.11% | $3,456.00 | $3,456.00 |
| October 2021 | 7.00% | $3,544.40 | $3,544.40 |
| April 2022 | 10.64% | $3,668.40 | $3,668.40 |
| October 2022 | 13.18% | $3,863.60 | $3,863.60 |
| April 2023 | 9.99% | $4,118.40 | $4,118.40 |
| October 2023 | 6.84% | $4,324.00 | $4,324.00 |
| April 2024 | 7.41% | $4,472.00 | $4,472.00 |
| October 2024 | 6.41% | $4,637.60 | $4,637.60 |
| April 2025 | 5.33% | $4,786.40 | $4,786.40 |
| October 2025 | 6.31% | $4,914.00 | $4,914.00 |
| April 2026 | 6.57% | $5,069.20 | $5,069.20 |
Other amounts for October 1998
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