I Bond and TIPS information

Series I Savings Bonds: Interest rate and sales history
11/03-4/04 5/03-10/03 11/02-4/03 5/02-10/02 11/01-4/02 5/01-10/01 11/00-4/01 5/00-10/00 11/99-4/00 5/99-10/99 11/98-4/99 9/98-10/98
Nominalannual fixed rate 1.10% 1.10% 1.60% 2.00% 2.00% 3.00% 3.40% 3.60% 3.40% 3.30% 3.30% 3.40%
Composite rate at issue
nominal 2.19% 4.66% 4.08% 2.57% 4.40% 5.92% 6.49% 7.49% 6.98% 5.05% 5.05%
effective 2.20% 4.71% 4.12% 2.58% 4.45% 6.01% 6.60% 7.63% 7.10% 5.11% 5.11%
Semiannual inflation rate
11/98-4/99 0.86%
5/99-10/99 0.86% 0.86%
11/99-4/00 1.76% 1.76% 1.76%
5/00-10/00 1.91% 1.91% 1.91% 1.91%
11/00-4/01 1.52% 1.52% 1.52% 1.52% 1.52%
5/01-10/01 1.44% 1.44% 1.44% 1.44% 1.44% 1.44%
11/01-4/02 1.19% 1.19% 1.19% 1.19% 1.19% 1.19% 1.19%
5/02-10/02 0.28% 0.28% 0.28% 0.28% 0.28% 0.28% 0.28% 0.28%
11/02-4/03 1.23% 1.23% 1.23% 1.23% 1.23% 1.23% 1.23% 1.23% 1.23%
5/03-10/03 1.77% 1.77% 1.77% 1.77% 1.77% 1.77% 1.77% 1.77% 1.77% 1.77%
11/03-4/04 0.54% 0.54% 0.54% 0.54% 0.54% 0.54% 0.54% 0.54% 0.54% 0.54% 0.54%
Semiannual earnings rate
11/98-4/99 2.52%
5/99-10/99 2.52% 2.52%
11/99-4/00 3.49% 3.44% 3.44%
5/00-10/00 3.74% 3.64% 3.59% 3.59%
11/00-4/01 3.25% 3.35% 3.25% 3.20% 3.20%
5/01-10/01 2.96% 3.16% 3.27% 3.16% 3.11% 3.11%
11/01-4/02 2.20% 2.71% 2.91% 3.01% 2.91% 2.86% 2.86%
5/02-10/02 1.28% 1.28% 1.78% 1.98% 2.09% 1.98% 1.93% 1.93%
11/02-4/03 2.04% 2.24% 2.24% 2.75% 2.95% 3.05% 2.95% 2.90% 2.90%
5/03-10/03 2.33% 2.58% 2.79% 2.79% 3.30% 3.50% 3.60% 3.50% 3.45% 3.45%
11/03-4/04 1.09% 1.09% 1.34% 1.55% 1.55% 2.05% 2.25% 2.35% 2.25% 2.20% 2.20%
Six-month sales (in $millions) 6,002 3,565 1,354 4,975 2,502 1,647 1,306 600 213 256
Source: Monthly Statement of the Public Debt of the United States, Bureau of the Public Debt

For comparison: I Bond nominal fixed rate 1.10% 1.10% 1.60% 2.00% 2.00% 3.00% 3.40% 3.60% 3.40% 3.30% 3.30% 3.40%
Treasury Inflation Protection Securities (TIPS)
Issue size>a Real yield-to-maturity at:
Maturity Coupon ($billions) CUSIP 11/1/03 5/1/03 11/1/02 5/1/02 11/1/01 5/1/01 11/1/00 5/1/00 11/1/99 5/1/99 11/1/98 9/1/98
(M)7/15/02 3.625% 16.817 9128273A8 0.96% 1.88% 3.47% 3.74% 3.87% 3.70% 3.61% 3.75%
1/15/07 3.375% 15.758 9128272M3 0.52% 0.94% 1.53% 2.48% 2.61% 3.02% 3.84% 4.00% 4.13% 3.91% 3.60% 3.84%
1/15/08 3.625% 16.812 9128273T7 0.94% 1.35% 1.91% 2.73% 2.78% 3.15% 3.86% 4.01% 4.13% 3.91% 3.63% 3.80%
1/15/09 3.875% 15.902 9128274Y5 1.27% 1.66% 2.08% 2.89% 2.89% 3.24% 3.86% 4.02% 4.12% 3.88%
1/15/10 4.250% 11.321 9128275W8 1.48% 1.81% 2.29% 3.01% 2.94% 3.28% 3.85% 3.97%
1/15/11 3.500% 11.001 9128276R8 1.67% 1.99% 2.32% 3.06% 2.94% 3.29%
1/15/12 3.375% 6.004 9128277J5 1.82% 2.06% 2.38% 3.05%
7/15/12 3.000% 23.018 912828AF7 1.87% 2.10% 2.39%
7/15/13 1.875% 20.008 912828BD1 1.96%
1/15/14 2.000% 12.000 912828BW9
4/15/28 3.625% 16.808 912810FD5 2.50% 2.74% 3.02% 3.35% 3.13% 3.51% 3.85% 3.87% 4.13% 3.87% 3.62% 3.74%
4/15/29 3.875% 19.722 912810FH6 2.50% 2.73% 3.02% 3.35% 3.12% 3.50% 3.84% 3.85% 4.13% 3.87%
4/15/32 3.375% 5.012 912810FQ6 2.40% 2.64% 2.94% 3.25% 3.08%
a Does not include subsequent inflation adjustments.
(M) = Issue has matured.
Source: Bloomberg, Bureau of the Public Debt