Treasury Sets 3% Rate for ICE Immigration Bond Cash Deposits
Published Date: 4/6/2026
Notice
Summary
Starting April 1, 2026, through June 30, 2026, the interest rate on cash held for U.S. Immigration and Customs Enforcement immigration bonds is set at 3%. This affects anyone who deposits money to secure these bonds, ensuring they earn interest up to 3% annually. The rate updates every quarter based on Treasury bill rates but won’t go above 3% or below zero.
Analyzed Economic Effects
2 provisions identified: 1 benefits, 0 costs, 1 mixed.
3% Interest on ICE Bond Cash
If you deposit cash to secure a U.S. Immigration and Customs Enforcement (ICE) immigration bond, the interest rate on that cash is set at 3.0% per year for the period April 1, 2026 through June 30, 2026. That means money held to secure an ICE immigration bond will earn interest at an annual rate of 3% during those dates.
Quarterly Rate Rule, Cap at 3% and Floor 0%
Treasury sets the immigration bond cash interest rate each calendar quarter equal to the lesser of (a) the average bond-equivalent rates on 91-day Treasury bills auctioned during the preceding quarter or (b) 3.0% per year, and in no case will the rate be less than 0.0%. Treasury also posts the current quarterly rate in Table 2b on the TreasuryDirect website.
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