Treasury Department announces new Series I bond rate of 6.89% for the next six months

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Treasury Department announces new Series I bond rate of 6.89% for the next six months
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Series I bonds will pay 6.89% annual interest through April 2023, down from the 9.62% yearly rate offered since May. katedore has the details.

What the rate change means for older I bonds

The headline rate may be different than what you receive, considering that the fixed rate remains set for the life of your bond.

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