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Author: Littlechap Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 35345  
Subject: Re: Hope you bought your I-Bonds in October Date: 11/1/2001 4:12 PM
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For Issue dates of May 2001 - Oct 2001, the composite rate shows up as 5.42%. Isn't that confusing?

There is something wrong somewhere. I went to that site this morning and saw the same chart you posted, but with the number 5.92%. Since the new interest rate was not posted until today, I'm sure that had to be accurate at the time.

I just emptied my browser's cache and reloaded the page, and I see the number you're quoting. I do not know what it means. Perhaps somebody has an answer, or perhaps somebody might wish to inquire to somebody at Treasury and post a reply here.

By the way, the poster who said he/she got a date of 10/01 -- I believe that probably referred to October of 2001 -- NOT the first day of October. Just a guess that the Treasury Dept. is not back-dating bonds from the end of the month back to the beginning.
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