1. What months make up the composite semiannual rate period?
You may use the following table to find when a bond's semiannual rate period begins and when we'll announce the rate that applies during each period.
| If your Bond has an issue date of—
| Then its semiannual rate period begins—
| We announce the rate that applies during a rate period in—
|
|---|
| January | January 1 | November 1 (of the previous year).
|
| | July 1 | May 1.
|
| February | February 1 | November 1 (of the previous year).
|
| | August 1 | May 1.
|
| March | March 1 | November 1 (of the previous year).
|
| | September 1 | May 1.
|
| April | April 1 | November 1 (of the previous year).
|
| | October 1 | May 1.
|
| May | May 1 | May 1.
|
| | November 1 | November 1.
|
| June | June 1 | May 1.
|
| | December 1 | November 1.
|
| July | July 1 | May 1.
|
| | January 1 | November 1 (of the previous year).
|
| August | August 1 | May 1.
|
| | February 1 | November 1 (of the previous year).
|
| September | September 1 | May 1
|
| | March 1 | November 1 (of the previous year).
|
| October | October 1 | May 1.
|
| | April 1 | November 1 (of the previous year).
|
| November | November 1 | November 1.
|
| | May 1 | May 1.
|
| December | December 1 | November 1.
|
| | June 1 | May 1. |