Sorry to bore the board with a seemingly dumb question, but here goes:Do the rates for EE bonds adjust twice a year? IOW, is the interest rate variable? I understand that I bonds have a base rate and an inflation "fudge factor". Hence, the rate that they earn fluctuates. Does the same thing happen for EE's, only that the "whole rate" fluctuates, instead of a fixed and variable component, like I bonds.FWIW, the http://www.savingsbonds.gov/sav/savmktrt.htm site says that EE bonds bought in Nov 01 paid 4.07%. Furthermore, the current rate is 3.96%. Does an EE bond purchased in Nov 01 now only earn 3.96%? If rates go up in Nov of '02, will the old EE bond then earn whatever rate is determined at that time? (For a total of 3 different rates, the Nov 01 rate, May 02 rate, and then the Nov 02 rate.)I could not gather this from reading the savings bonds website. Please advise and thanks in advance.ricerFool
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