Appendix B - 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. |
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