Quote:
Originally Posted by rmd2
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?
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I bonds have an interest rate of 6.89% until April 2023, then they change according to the inflation rate. Keep in mind they can not be redeemed for 1yr after purchase and if you redeem it before 5yrs, you will loose the last 3 months of interest. I would suggest you read about it at
Home — TreasuryDirect Everything you want to know is there and you can start an account, link it to your bank and buy if you wish.