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I Bond Value — October 2024

A $1,000.00 I Bond issued in October 2024 is worth $1,067.20 today.

Current total value

$1,067.20

Redemption value (incl. penalty)

$1,056.00

Current composite rate

4.44%

Interest earned to date

$67.20

About this October 2024 I Bond

This Series I savings bond was issued in October 2024 and locked in a fixed rate of 1.30% for the life of the bond. It has earned interest for 1 year, 8 months, and its inflation component resets every six months. It is currently earning a composite rate of 4.44%.

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 $1,056.00.

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
October 2024 4.28% $1,000.00 $1,000.00
April 2025 3.21% $1,021.60 $1,010.80
October 2025 4.18% $1,038.00 $1,029.60
April 2026 4.44% $1,059.60 $1,048.80

Other amounts for October 2024

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