Talk of The Villages Florida - View Single Post - Lets type about bond interest rates, credit risk and bond ETF ladders
Thread: Lets type about bond interest rates, credit risk and bond ETF ladders
View Single Post
 
Old 04-24-2022, 09:02 AM
rustyp rustyp is offline
Sage
Join Date: Jan 2009
Posts: 3,210
Thanks: 5,241
Thanked 2,576 Times in 925 Posts
Default
If you purchase an I bond before the end of this coming week you will be guaranteed 7.12% interest for the first 6 months and then 9.62 % interest for the following 6 months. After that the rates of your bond changes every 6 months (may and nov) indexed to inflation. You must hold for one year. If cashed in between years 2 - 5 you forfeit the last three months interest. After 5 years no penalty. These I bonds are issued solely by the government. The only place to purchase is TreasuryDirect - Home. Google I Bonds on YOUTUBE - lots of videos at present.