For senior citizens, the bank offers. Treasury department announced that i bonds issued from may through october 2024 will earn an interest rate of 4.28%, down from the previous.
(ii) average daily cash reserve requirement. Purchases through april 30, 2024, will have a fixed rate of 1.3%, which means the return will exceed official.
(Ii) Average Daily Cash Reserve Requirement.
We won't know what the fixed rate will be for i bonds issued from may through.
The Consumer Price Index (Cpi) Inflation For The Month Of May 2024 Eased To 4.75% As Against 4.83% In April 2024.
The benchmark bond yield was at 6.99%, down 19 basis points so far in 2024 on lower supply and strong foreign inflows.
Images References :
Purchases Through April 30, 2024, Will Have A Fixed Rate Of 1.3%, Which Means The Return Will Exceed Official.
The consumer price index (cpi) inflation for the month of may 2024 eased to 4.75% as against 4.83% in april 2024.
The Current Fixed Rate Is:
The rate of interest on government of india floating rate bond 2024 (frb 2024) applicable for the half year may 07, 2024 to november 06, 2024 shall be 7.03 per.
