§ 351.13. What do I need to know about the savings bond rate to understand redemption value calculations in this subpart?
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/us/cfr/t31/s§ 351.13·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
We determine the savings bond rate by compiling 5-year Treasury securities yields as of the close of business for each day of the previous six months and calculating the monthly average to the nearest one-hundredth of one percent. We then determine the savings bonds rate by taking 90 percent of the 6-month average and rounding the result to the nearest one-hundredth of one percent.