I too redeemed our two 2022 bonds yesterday. For us, the penalty was minor. Losing the last 3 months of interest was a little more than $104 on each bond. We netted $11,208 each.
Moved funds back to our 7-day money market fund at Fidelity which is paying annualized return of 5.27%; rate has been relatively flat for several months, and interest is credited each week for compounding.
Thanks for tip on redeeming the bonds.
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Mike
Village of Marsh Bend
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We live in interesting times
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