dasari4kntr Posted November 1, 2022 Report Posted November 1, 2022 The U.S. Treasury's wildly popular Series I savings bond will yield 6.89% for all purchases over the next six months, down from 9.62% previously. The I Bond rate is a combination of a fixed rate and an inflation adjustment. The Treasury is paying a fixed rate of 0.4%; the fixed rate had been zero since May 2020. The adjustment for the rise in the consumer-price index is by far the larger component of the rate. I Bond rates reset at the beginning of May and November; all bonds earn the going rate for six months, then adjust to a new rate every six months thereafter. Appetite for I Bonds had long been modest; before this year, the Treasury sold on average $166 million a month. But the high rates drove a flood of interest--savers rushed to get the 9.62% rate before it expired in October, buying about a billion dollars worth on Friday alone. Here's everything you need to know about I Bonds. Quote
phatposts Posted November 1, 2022 Report Posted November 1, 2022 not a bad thing for the overall market Quote
megadheera Posted November 1, 2022 Report Posted November 1, 2022 Can I buy on my name and wife, kids? Quote
Anta Assamey Posted November 1, 2022 Report Posted November 1, 2022 1 minute ago, megadheera said: Can I buy on my name and wife, kids? Yes but only $10,000 per year per person ... Quote
phatposts Posted November 1, 2022 Report Posted November 1, 2022 https://www.doctorofcredit.com/u-s-treasury-i-bonds-faq-when-to-buy-10000-i-bonds-april-or-may-and-more/ Anyone with questions about iBonds Quote
megadheera Posted November 1, 2022 Report Posted November 1, 2022 2 minutes ago, Anta Assamey said: Yes but only $10,000 per year per person ... I should have bought yesterday. Missed the 9.62 interest rate Quote
yemdoing Posted November 1, 2022 Report Posted November 1, 2022 1 hour ago, megadheera said: Can I buy on my name and wife, kids? per SSN 10k. yesterday was better day to buy.. 6.8% is also good rate to buy Quote
megadheera Posted November 1, 2022 Report Posted November 1, 2022 1 minute ago, yemdoing said: per SSN 10k. yesterday was better day to buy.. 6.8% is also good rate to buy Friday deadline anta as per @dasari4kntr Quote
Khaidino6093 Posted November 1, 2022 Report Posted November 1, 2022 6 minutes ago, yemdoing said: per SSN 10k. yesterday was better day to buy.. 6.8% is also good rate to buy wife ki itin undi, can i buy? Quote
yemdoing Posted November 1, 2022 Report Posted November 1, 2022 1 hour ago, megadheera said: Friday deadline anta as per @dasari4kntr yo mean previous riday ! ok. good that I got few days ago Quote
yemdoing Posted November 1, 2022 Report Posted November 1, 2022 58 minutes ago, Khaidino6093 said: wife ki itin undi, can i buy? teliyadu saar Quote
dasari4kntr Posted November 1, 2022 Author Report Posted November 1, 2022 3 minutes ago, Khaidino6093 said: wife ki itin undi, can i buy? yes…i guess it asks at registration page tax number…not ssn…that means bith ssn and itin… read faq page… 1 Quote
Gaali_Gottam_Govinda Posted November 1, 2022 Report Posted November 1, 2022 Why are people so obsessed with the cheap $1,800 per family($20K investment) interest? Quote
karna11 Posted November 1, 2022 Report Posted November 1, 2022 Naku purchase confirmation, oct 27th email vachindi, where can I check my lo ked intrest rate Quote
LadiesTailor Posted November 1, 2022 Report Posted November 1, 2022 2 minutes ago, Gaali_Gottam_Govinda said: Why are people so obsessed with the cheap $1,800 per family($20K investment) interest? Migatha investments anne sanka naakayu.. just diversifying 1 Quote
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