31 CFR Appendix B to Part 359 - Appendix B to Part 359—Composite Semiannual Rate Period Table
Appendix B to Part 359—Composite Semiannual Rate Period Table
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. |