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I Bond, iBonds, i-Bonds or Series I bonds.: Re: Fixed rate on I Bonds


  1. Thruhiker

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Top 1.   Aug 24, 2003 5:52 PM

» Thruhiker - Re: Fixed rate on I Bonds

In response to message posted by BSexton1:

Theoretically, there is NO reason for the fixed portion to EVER change.

However, it doesn't work that way in practice. The rate has continued to change ever since I-Bonds were created. I've got some with fixed rates of 3.6% and 3.0%. The government changes it with no justification. My gut feeling is that the fixed rate is based upon how many Bonds they want to sell at that particular point in time.

-- posted by Thruhiker


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