Category: Finance
US authorities [treasurydirect.gov] is anticipated to pay 9.62% on its I-bonds in mixed Fixed + Inflation Rate Earnings legitimate on newly issued Series I Savings Bonds bought 05/01/22-10/30/22.
In laymen’s phrases: These are secure U.S. treasury securities which regulate their rate of interest each 6 months based mostly on the present inflation fee.
For additional particulars on how I-bonds work, see the earlier Front Page deal when the 7.12% fee was introduced. There is loads of dialogue and knowledge there on how I-bonds work.
https://www.treasurydirect.gov/in…s_ibuy.htm
