31 CFR 359.8
§ 359.8 How does interest accrue on Series I savings bonds?
United States · 31 CFR — Money and Finance: Treasury · Status: effective
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- Citation
- 31 CFR 359.8, § 359.8 How does interest accrue on Series I savings bonds?, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/140365
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Full text
A bond accrues interest based on both a fixed rate of return and a semiannual inflation rate. A single, annual rate called the composite rate reflects the combined effects of the fixed rate and the semiannual inflation rate. For more information, see appendix B of part 359.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.