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Electronic Code of Federal Regulations

e-CFR data is current as of June 4, 2020

Title 31Subtitle BChapter IISubchapter APart 359Subpart A → §359.8


Title 31: Money and Finance: Treasury
PART 359—OFFERING OF UNITED STATES SAVINGS BONDS, SERIES I
Subpart A—General Information


§359.8   How does interest accrue on Series I savings bonds?

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.

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