Code of Federal Regulations (alpha)

CFR /  Title 31  /  Part 351  /  Sec. 351.13 What do I need to know about the savings bond rate to understand

We determine the savings bond rate by compiling 5-year Treasury securities yields as of the close of business for each day of the previous six months and calculating the monthly average to the nearest one-hundredth of one percent. We then determine the savings bonds rate by taking 90 percent of the 6-month average and rounding the result to the nearest one-hundredth of one percent.