When does interest accrue on Series I savings bonds?

  1. Law
  2. CFR 31
  3. Money and Finance: Treasury
  4. Regulations Relating to Money and Finance
  5. Fiscal Service, Department of the Treasury
  6. Bureau of the Fiscal Service
  7. Offering of United States Savings Bonds, Series I
  8. General Information
  9. When does interest accrue on Series I savings bonds?

Checkout our iOS App for a better way to browser and research.

§ 359.16 When does interest accrue on Series I savings bonds?

(a) Interest, if any, accrues on the first day of each month; that is, we add the interest earned on a bond during any given month to its value at the beginning of the following month.

(b) The accrued interest compounds semiannually.


Download our app to see the most-to-date content.