Average interest rate
United States Savings Inflation Securities
Series I savings bonds, whose return combines a fixed rate set at issue with a component that tracks the Consumer Price Index. The figure here is the weighted average across every I bond still outstanding, so it blends decades of issues sold under very different terms.
Latest (Aug 2026)
4.50%
▲ +0.030 pp MoM
Year-over-year
▲ +0.792 pp
vs. Aug 2025
13-year low
0.47%
Oct 2015
13-year high
10.25%
Sep 2022
This is an average, not today's rate. This is the average across I bonds already issued, not the rate a bond bought today would earn. The current I bond composite rate is set every May and November and is published by TreasuryDirect. For the market's own price of inflation protection, see TIPS real yields and breakeven inflation.
United States Savings Inflation Securities — average rate history
Monthly, Jan 2013 – Aug 2026.
Download: rates-savings-inflation-securities.csv · CSV · public domain
Last 24 months
| Month | Avg. rate | MoM |
|---|---|---|
| Aug 2026 | 4.496% | ▲ +0.030 pp |
| Jul 2026 | 4.466% | ▲ +0.048 pp |
| Jun 2026 | 4.418% | ▲ +0.035 pp |
| May 2026 | 4.383% | ▲ +0.034 pp |
| Apr 2026 | 4.349% | ▲ +0.068 pp |
| Mar 2026 | 4.281% | ▲ +0.033 pp |
| Feb 2026 | 4.248% | ▲ +0.035 pp |
| Jan 2026 | 4.213% | ▲ +0.059 pp |
| Dec 2025 | 4.154% | ▲ +0.041 pp |
| Nov 2025 | 4.113% | ▲ +0.040 pp |
| Oct 2025 | 4.073% | ▲ +0.251 pp |
| Sep 2025 | 3.822% | ▲ +0.118 pp |
| Aug 2025 | 3.704% | ▲ +0.125 pp |
| Jul 2025 | 3.579% | ▲ +0.207 pp |
| Jun 2025 | 3.372% | ▲ +0.147 pp |
| May 2025 | 3.225% | ▲ +0.144 pp |
| Apr 2025 | 3.081% | ▼ -0.264 pp |
| Mar 2025 | 3.345% | ▼ -0.119 pp |
| Feb 2025 | 3.464% | ▼ -0.122 pp |
| Jan 2025 | 3.586% | ▼ -0.211 pp |
| Dec 2024 | 3.797% | ▼ -0.151 pp |
| Nov 2024 | 3.948% | ▼ -0.147 pp |
| Oct 2024 | 4.095% | ▼ -0.244 pp |
| Sep 2024 | 4.339% | — |