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I-bonds: 1.96% for 6 months if you buy May 1 - Oct 31 (includes fixed rate of 0.0%)

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Fixed rate for I bonds May 1st - October 31 is 0%

https://www.treasurydirect.gov/indiv/research/indepth/ibonds/res...

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Thanks for posting JepJepJep

Link to full announcement and I-Bonds part 

https://www.treasurydirect.gov/news/pressroom/pressroom_comeeandi0517.htm

I Bond Composite Rate of 1.96% includes a Fixed Rate of 0.00%
The composite rate for Series I Savings Bonds is a combination of a fixed rate, which applies for the 30-year life of the bond, and the semiannual inflation rate. The 1.96% composite rate for I bonds bought from May 2017 through October 2017 applies for the first six months after the issue date. The composite rate combines a 0.00% fixed rate of return with the 1.96% annualized rate of inflation as measured by the Consumer Price Index for all Urban Consumers (CPI-U). The CPI-U increased from 241.428 in September 2016 to 243.801 in March 2017, a six-month change of 0.98%.
 

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April CPI-U is posted = 244.524
Base line for next change (March) = 243.801
Total inflation for Apr = 0.3%

We have FIVE more months to go before new I-bonds inflation component rate will be set

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Thanks MoneyOCD, wow inflation so low. I was hoping high cpi last month

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RagingBull said:   Thanks MoneyOCD, wow inflation so low. I was hoping high cpi last month
  April actually was more in line with historical, but March did came low - very unusual. 

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