About Tom Adams Expertise I can answer questions about US Savings Bonds - current value, current interest rates, how to get them redeemed, what to do if they are lost or stolen, how to buy them online, etc...
Experience Experience in the area I am the author of the best-selling book about Savings Bonds,
Savings Bond Advisor.
Expert: Tom Adams Date: 12/6/2007 Subject: I Bond interest rate changes.
Question Tom,
What's up with the I bond interest rate change 1 Nov 2007 and lack of application to bonds issued prior to that date. Isn't the upward change supposed to apply to all outstanding I bonds?
Answer K - yes, the change in the inflation rate applies to all prior I bonds, but not until your bond's six-month anniversary.
Unless your bond was issued in November or April, the rate increase will not occur on Nov 1. For more info on this, see this:
