When is interest paid? When will I receive the interest payments?

Question

Accepted Answer

Interest is paid every 6 months, on the 1st business day of the month. The first interest payment will be made 6 months after you receive your Savings Bonds. As an example, for a Savings Bond that is issued on 1 Oct, the interest payments will be made on 1 Apr and 1 Oct (assuming they are business days) of each subsequent year for the next 10 years as long as you continue to hold the Savings Bond.
Interest will be automatically paid to the following accounts:
- For cash subscriptions: your designated Direct Crediting Service (DCS) bank account. This is the bank account that is linked to your individual CDP Securities account.
- For SRS subscriptions: your SRS account.

I have not received my interest payment. What should I do?