Ask Terry Questions I- bond interest

I- bond interest

By Terry Savage on November 07, 2022 | Chicken Money

I bought $10,000 I-bonds for my spouse and myself 02/24/2022. I have not received any interest yet. Do you have to hold them for a full year before they pay?
Thanks

Terry Says

The interest gets posted into your account in the FIFTH month after purchase! That is to accommodate the possible 3 months interest penalty, and the fourth month where the interest is posted after the end of the month.

money

ASK TERRY

a personal
finance question