GroundRules
31 CFR 359.16: When does interest accrue on Series I savings bonds?
Where this section sits in the code
- Title 31—Money and Finance: Treasury
- Subtitle B—Regulations Relating to Money and Finance
- CHAPTER II—FISCAL SERVICE, DEPARTMENT OF THE TREASURY
- SUBCHAPTER A—BUREAU OF THE FISCAL SERVICE
- PART 359—OFFERING OF UNITED STATES SAVINGS BONDS, SERIES I
- Subpart A—General Information
(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.
Collected 2026-08-27T02:25:25Z. Source file · JSON