Series I Bonds

What are series I bonds?

Series I bonds, also called Series I savings bonds or Series I government bonds are also popular US savings bonds along with Series E and EE savings bonds. In the past, you can only purchase and invest in Series I bonds in paper form. Nowadays, you can invest in the US government 's Series I bonds electronically.

How are Series I bonds sold?

The US government 's Series I bonds are sold at face value. The maximum amount of Series I bonds you can purchase in a year is currently $30,000

How to buy Series I bonds?

Series I bonds can be purchased in denominations of:

• $50,
• $75,
• $100,
• $200,
• $500,
• $1,000,
• $5,000, and
• $10,000.

Interest rates on I bonds and redemption

The interest rates on I bonds are forfeited on the most recent 3 months' interest if you buy the US series I bonds and then redeem them within 5 years. If you hold onto US Series I savings bonds for more than 5 years, there is no penalty on the interest on I bonds.