Talk of The Villages Florida - View Single Post - I Bonds
Thread: I Bonds
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Old 12-09-2022, 05:46 PM
rustyp rustyp is offline
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Originally Posted by rmd2 View Post
Does anyone know the answer to this question?
If I buy a US Treasury I Bond will the interest rate ever vary during the term I have the Bond? I Bonds are made up of a fixed interest rate and a variable interest rate based on inflation. If I already have an I Bond and the inflation goes down will the interest rate on the I Bond I already have also go down or does it stay the same for the full term of the bond?
Also are there any costs like buy, sell or manage etc associated with having I Bonds?
The variable rate on an I Bond changes every 6 months - Spring and fall. The fixed rate has been 0% for a long time and in November finally came back at a rate that isn't going to put a dent into anything you care about. Many Youtube Videos to explain how an I Bond works. My guess is you are looking for stability such as a T bill.