So it looks like the October buyers (including me to some extent) of I-bonds may get 0% for 6 months, but what will the November buyers get?The same thing, but they'll be a month behind.When you purchase an I Bond, regardless of the month you buy it in, you receive the current combined annualized rate (fixed + inflation component) for 6 months. After that, you receive the next inflation adjustment, added to your fixed rate (which remains fixed for as long as you own the bond), for the following 6 months, and so on. So the October buyers get 1% + 5.75% (approx) for Oct - Mar, and then they would (currently) get 0% for Apr - Sep. The November buyers get exactly the same, but for Nov - Apr followed by May - Oct. Clear?Since the value of an I Bond can never go down, in this case -2% + 1% = 0%. Pitty the poor folks who have a 2% or higher fixed rate. They'll actually be losing more than those with the 1%'ers. (Yeah, I know, no solace whatsoever.)Ken
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