Interest Rate on ICE Immigration Bonds Set at 3%
Summary
The Treasury Department has set the interest rate on immigration bonds at 3% per annum for the period April 1, 2026 through June 30, 2026. The rate applies to cash deposited to secure U.S. Immigration and Customs Enforcement (ICE) immigration bonds under 8 U.S.C. 1363(a) and 8 CFR 293.2.
What changed
The Treasury Department issued a notice establishing the quarterly interest rate on ICE immigration bonds at 3% per annum for Q2 2026 (April 1 - June 30, 2026). The rate is calculated as the lesser of the average bond equivalent rates on 91-day Treasury bills auctioned during the preceding calendar quarter, or 3% per annum, but not less than zero, as prescribed by 8 U.S.C. 1363(a) and implemented through 8 CFR 293.2.
Bond posters and those managing immigration bond obligations should note that interest accrues quarterly at this capped rate. The rate applies automatically during the specified period; no action is required to receive the interest payment, which is governed by the statutory maximum of 3% per annum.
Source document (simplified)
Notice
Interest Rate Paid on Cash Deposited To Secure U.S. Immigration and Customs Enforcement Immigration Bonds
A Notice by the Treasury Department on 04/06/2026
PDF
Document Details
Document Dates
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- Public Inspection Published Document: 2026-06629 (91 FR 17333) Document Headings ###### Department of the Treasury
AGENCY:
Departmental Offices, Treasury.
ACTION:
Notice.
SUMMARY:
For the period beginning April 1, 2026, and ending on June 30, 2026, the U.S. Immigration and Customs Enforcement Immigration Bond interest rate is 3 per centum per annum.
DATES:
Rates are applicable April 1, 2026, to June 30, 2026.
ADDRESSES:
Comments or inquiries may be mailed to Will Walcutt, Supervisor, Funds Management Branch, Funds Management Division, Fiscal Accounting, Bureau of the Fiscal Services, Parkersburg, West Virginia 26106-1328.
You can download this notice at the following internet addresses: < http://www.treasury.gov > or < http://www.federalregister.gov >.
FOR FURTHER INFORMATION CONTACT:
Ryan Hanna, Manager, Funds Management Branch, Funds Management Division, Fiscal Accounting, Bureau of the Fiscal Service, Parkersburg, West Virginia 261006-1328 (304) 480-5120; Will Walcutt, Supervisor, Funds Management Branch, Funds Management Division, Fiscal Accounting, Bureau of the Fiscal Services, Parkersburg, West Virginia 26106-1328, (304) 480-5117.
SUPPLEMENTARY INFORMATION:
Federal law requires that interest payments on cash deposited to secure immigration ( printed page 17334) bonds shall be “at a rate determined by the Secretary of the Treasury, except that in no case shall the interest rate exceed 3 per centum per annum.” 8 U.S.C. 1363(a). Related Federal regulations state that “Interest on cash deposited to secure immigration bonds will be at the rate as determined by the Secretary of the Treasury, but in no case will exceed 3 per centum per annum or be less than zero.” 8 CFR 293.2. Treasury has determined that interest on the bonds will vary quarterly and will accrue during each calendar quarter at a rate equal to the lesser of the average of the bond equivalent rates on 91-day Treasury bills auctioned during the preceding calendar quarter, or 3 per centum per annum, but in no case less than zero. [FR Doc. 2015-18545 ]. In addition to this Notice, Treasury posts the current quarterly rate in Table 2b—Interest Rates for Specific Legislation on the Treasury Direct website.
The Acting Fiscal Assistant Secretary, Gary Grippo, having reviewed and approved this document, is delegating the authority to electronically sign this document to Heidi Cohen, Federal Register Liaison for the Department, for purposes of publication in the Federal Register.
Heidi Cohen,
Federal Register Liaison.
[FR Doc. 2026-06629 Filed 4-3-26; 8:45 am]
BILLING CODE 4810-AS-P
Published Document: 2026-06629 (91 FR 17333)
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