I Bonds interest
Hi Terry, I invested $2,000 in I -Bonds on 8/1/2022 when it was like 9.64% however i am looking at the statement and they show 6.48%. It just looks like they are not distributing correctly. I also have been adding $100 a month but it looks like the highest interest rate given to me is 6.89% Am i looking at this wrong? Please let me know. Thank you
Terry Says
Are you looking at your online account at TreasuryDirect.gov. Check your holdings. You received 9.62% for 6 months, then the rate dropped to 6.89%. And since that rates is likely still in effect (and will be until this August when it will drop to the current lower rate), that’s what shows up in your “holdings”.
