How HH/H Bonds Earn Interest
HH bonds and H bonds (Series H bonds are no longer issued) pay interest every
six months. The first payment is due six months from the issue date shown on
the bonds. The following table shows the interest payment dates.
| If a bond is dated... | INTEREST is paid... |
|---|
| January or July | January 1 and July 1 |
| February or August | February 1 and August 1 |
| March or September | March 1 and September 1 |
| April or October | April 1 and October 1 |
| May or November | May 1 and November 1 |
| June or December | June 1 and December 1 |
HH/H Bond Interest Rates and Payment Amounts
Interest on HH/H bonds is paid at a fixed rate set on the day you buy the
bond. When you buy an HH bond, you "lock in" this rate for the first 10
years you hold the bond. Interest rates are reset on the 10th anniversary
of the HH bond's issue date (10th and 20th for H bonds).
These are the interest rates currently in effect for HH/H bonds:
- The current interest rate is 4% per year (this has been in effect
since March 1, 1993.)
- Bonds dated March 1993 or later or bonds that entered an extended
maturity period March 1993 or later earn interest at 4% per year.
- All other bonds earn interest at 6% per year.
Series HH/H bond owners and co-owners can access our free
HH/H Internet Services to view their
account information online. The account information includes a description of
HH/H bonds held and interest paid.
The following table shows the amount of interest due each six months, based
on denomination and the rate in effect.
Form PD F 3782 also reflects the interest payments for HH/H bonds by issue
date.
| If the denomination is... |
AND the interest rate is... |
THEN the interest payment is... |
$500
$500 |
6%
4% |
$15
$10 |
$1,000
$1,000 |
6%
4% |
$30
$20 |
$5,000
$5,000 |
6%
4% |
$150
$100 |
$10,000
$10,000 |
6%
4% |
$300
$200 |
See Also:
HH/H Final Maturity Dates
