---
kind: "section"
citation: "31 C.F.R. § 351.13"
title: "31"
number: "351.13"
heading: "What do I need to know about the savings bond rate to understand redemption value calculations in this subpart?"
url: "https://uscodex.org/cfr/31/351.13"
---

# §351.13. What do I need to know about the savings bond rate to understand redemption value calculations in this subpart?


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.


## Notes

### Authority

Authority: 5 U.S.C. 301; 12 U.S.C. 391; 31 U.S.C. 3105.

### Source

Source: 68 FR 24796, May 8, 2003, unless otherwise noted.