I Bond Rate Is Now 6.89%…

[karna11]

@dasari4kntr intrest eppudu vastadi bro, check or DD ?

Oct lo tesukonnavallaki

[BMDablu]

14 minutes ago, karna11 said:

@dasari4kntr intrest eppudu vastadi bro, check or DD ?

Oct lo tesukonnavallaki

The interest gets added to the bond's value

I bonds earn interest from the first day of the month you buy them.

Twice a year, we add all the interest the bond earned in the previous 6 months to the main (principal) value of the bond.

That gives the bond a new value (old value + interest earned).

Over the next 6 months, we apply the new interest rate to that entire new value.

This is called semiannually compounding (adding value 2 times a year). That way, your money grows not just from the interest percentage but from the fact that the interest is calculated on a growing balance.

[dasari4kntr]

36 minutes ago, karna11 said:

@dasari4kntr intrest eppudu vastadi bro, check or DD ?

Oct lo tesukonnavallaki

bro..i will respond tomorrow…

weekend party lo full vunnany…

[ARYA]

16 minutes ago, dasari4kntr said:

bro..i will respond tomorrow…

weekend party lo full vunnany…

Please take care thata 

[dasari4kntr]

2 hours ago, karna11 said:

@dasari4kntr intrest eppudu vastadi bro, check or DD ?

Oct lo tesukonnavallaki

 

2 hours ago, BMDablu said:

The interest gets added to the bond's value

I bonds earn interest from the first day of the month you buy them.

Twice a year, we add all the interest the bond earned in the previous 6 months to the main (principal) value of the bond.

That gives the bond a new value (old value + interest earned).

Over the next 6 months, we apply the new interest rate to that entire new value.

This is called semiannually compounding (adding value 2 times a year). That way, your money grows not just from the interest percentage but from the fact that the interest is calculated on a growing balance.