AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.

Create a link to this page

Copy and paste this link tag into your Web page or blog:

<a href="http://www.accessmylibrary.com/article-1G1-120759322/u-s-savings-bond.html" title="Facts and information about U.S. Savings Bond Rates Tumble.">U.S. Savings Bond Rates Tumble.</a>

Close Set up an RSS feed that alerts you when new articles from The Record (Hackensack, NJ) are available.

Frequently asked questions about RSS feeds

U.S. Savings Bond Rates Tumble.

The Record (Hackensack, NJ)

| November 02, 2001 | COPYRIGHT 2007 The Record. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Kathleen Lynn

Nov. 2--U.S. savings bond rates dropped Thursday, reflecting the decline in inflation and market interest rates over the last six months.

I bonds, whose returns are pegged to the inflation rate, dropped from 5.92 percent to 4.4 percent. EE bonds dropped from 4.5 percent to 4.07 percent.

The rates are changed every six months, on May 1 and Nov. 1.

Savers had rushed to buy I bonds during October, to beat Thursday's rate decline. Sales were estimated to be at least double the sales of a year ago. As of Oct. 25, the last date for which figures are available, $839 million worth of I bonds had been sold, compared with $440…

View articles courtesy of your local library

Related articles from newspapers, magazines, journals, and more


Tories' GST cut could slash inflation rate: 'Not a trivial matter': Real-return...: News wire article from: The America's Intelligence Wire January 18, 2006 700+ words
...percentage point off the total inflation rate, since 90% of the consumer...linked or real-return bonds. "If the GST [cut...mean Canada's overall inflation rate could be a miniscule...would be on real-return bonds, which have been hot...


BONDS RALLY ON LOWER INFLATION RATE (key gilts across the spectrum attracted...: News wire article from: Asia Africa Intelligence Wire July 3, 2004 700+ words
...the system with limited demand. A lower-than-expected inflation rate projection at 5.87 percent compared to the earlier 5.89 percent, brought about fresh rally in government bonds, as key gilts across the spectrum attracted renewed buying...


INFLATION SCEPTICAL MARKET WEAKENS BONDS BY 50 PAISE (market participants...: News wire article from: Asia Africa Intelligence Wire February 14, 2004 700+ words
...Business Insight) The wholesale price inflation rate in India fell to 5.8 percent year...participants remained sceptical about the inflation rate falling to the Reserve Bank of India...that the drop in the wholesale price inflation rate was mainly due to a higher base effect...


Mexico's inflation rate up for 2002.(The Dallas Morning News): Newspaper article from: Knight Ridder/Tribune News Service Case, Brendan M. January 9, 2003 700+ words
...recent years. Last year's inflation rate will not immediately threaten...continued decreases in the inflation rate. Benchmark interest rates for 28-day government bonds stand at about 8 percent. "The inflation rate is in single digits, so...


Mexico's inflation rate up for 2002.: Newspaper article from: The Dallas Morning News (via Knight-Ridder/Tribune News Service) January 9, 2003 700+ words
...recent years. Last year's inflation rate will not immediately threaten...continued decreases in the inflation rate. Benchmark interest rates for 28-day government bonds stand at about 8 percent. "The inflation rate is in single digits, so...


INFLATION RATE MAY REACH EIGHT PERCENT: ECONOMIST.: News wire article from: Asia Africa Intelligence Wire January 24, 2002 700+ words
South Africa's CPI-X inflation rate could reach 8% this year, aided by a rise in food...Price Index excluding the interest rate on mortgage bonds. South Africa's official inflation rate increased to 4,3 percent in November last year...


FLAT INFLATION LIFTS YIELDS, CENTRE PLAYS IT DOWN (flat inflation rate at 6.12%...: News wire article from: Asia Africa Intelligence Wire February 7, 2004 700+ words
(From India Business Insight) A flat inflation rate at 6.12 percent emphasized the weakness in Government securities. Bonds had crashed on 5 Feb 2004 following the base rate hike by Bank of England by 0.25 percent. The ten-year benchmark...


GILT YIELDS FALL ON GOOD LIQUIDITY (the fall is also attributed to drop in...: News wire article from: Asia Africa Intelligence Wire May 27, 2003 700+ words
...India Business Insight) Yields on bonds continued to fall on 26 May 2003 due to good liquidity, fall in inflation rate and anticipation of cut in repo rate...between the 10-year and 20-year bonds fell to 33 basis points against 38...


I-BONDS FINALLY GET SOME RESPECT.(now is the time for long term...: Magazine article from: Kiplinger's Personal Finance Magazine WILCOX, MELYNDA DOVEL May 1, 2001 700+ words
...prone buddies about buying savings bonds. But as tech stocks continue to...loading up on series I savings bonds, which pay a guaranteed rate of return over and above the inflation rate. Bonds purchased before May 1 will earn...


Is It Time To Favor Bonds Over Stocks? Long-Term Returns Lag Also, look at...: Magazine article from: Investor's Business Daily February 6, 2002 700+ words
...somewhat more than the inflation rate. Muhlenkamp says...premium of 3% over the inflation rate, or bonds are a no-go. That...should be 6% above the inflation rate, says Muhlenkamp...There are times when bonds may look more attractive...

For more facts and information, see all results

The AccessMyLibrary advertising network includes: