Fiscal Service Announces New Savings Bonds Rates, Series I to Earn 1.48%, Series EE to Earn 0.10%


November 3, 2014

Effective today, Series EE savings bonds issued November 2014 through April 2015 will earn an annual fixed rate of 0.10% and Series I savings bonds will earn a composite rate of 1.48%, a portion of which is indexed to inflation every six months. The EE bond fixed rate applies to a bond’s 20-year original maturity. Bonds of both series have an interest-bearing life of 30 years.

Rates for savings bonds are set each May 1 and November 1. Interest accrues monthly and compounds semiannually. Bonds held less than five years are subject to a three-month interest penalty.

More Information

Electronic Series EE and Series I savings bonds may be bought in TreasuryDirect®, a secure, web-based system operated by Treasury since 2002. Owners of paper savings bonds can continue to redeem them at most financial institutions. Paper Series EE and Series I Bonds can only be reissued in electronic form in TreasuryDirect.

Series I paper savings bonds remain available for purchase using part or all of a federal income tax refund. For more information on this feature, visit

To find more information on savings bonds and which ones are still earning interest, visit Fiscal Service’s website The Savings Bond Calculator and Savings Bond Wizard® tools, which are helpful for calculating redemption values, also can be found on the site. The website provides information and instructions for opening an on-line account to buy electronic savings bonds and Treasury marketable securities: bills, notes, bonds and Treasury Inflation Protected Securities (TIPS).

TreasuryDirect and Savings Bond Wizard are registered marks of the U.S. Department of the Treasury.