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Series I Savings Bonds. On the first business day in may and the first business day in november, the u.s. The current i bond composite rate is 7.12%.
Cash In Report Prevents Savings Bond from www.prweb.com
You can buy i bonds at that rate through april 2022. However, you are guaranteed the 3.56% semiannual inflation rate for the first (six) 6 months you hold. But the numbers suggest otherwise for a particular type of bond — the return for series i savings bonds issued between november 2021 and april 2022 is 7.12%.
Cash In Report Prevents Savings Bond
The $10,000 purchase limit may dampen the appeal a little bit, but that’s still $10,000 you can effectively lock in a 3.56% return on, on a security backed by the us treasury. Series i bonds give investors a return plus inflation protection on. The initial interest rate on new series i savings bonds is 7.12 percent. The $10,000 purchase limit may dampen the appeal a little bit, but that’s still $10,000 you can effectively lock in a 3.56% return on, on a security backed by the us treasury.
