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Reply to "How to buy I - Bonds "
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[quote=Anonymous][quote=Anonymous]Hey guys, I have i bond 101 type question. If your balance is 20000 and purchased another 10k at 7%, does that 7% apply to my total amount (30k) or just 10k? [/quote] Each bond you purchase will get the 7% interest rate for six months but the six months they get it for will vary for each bond according to the purchase date. The interest rate resets every six months for each bond but since you purchase them at different times they reset at different times. [/quote]
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