Treasury Raises I Bond Fixed Rate To 0.1%, Sets Composite Rate At 2.58%

Posted on November 1, 2017 by Tipswatch

Summary

  • Investors waiting to complete their I Bond allocation for 2017 have the green light: Buy in November.
  • A fixed rate of 0.1% means these I Bonds should be held longer than I Bonds with a fixed rate of 0.0%.
  • Terms on EE Bonds remained the same: A fixed rate of 0.1%, but a doubling in value if held for 20 years.

Read my full analysis on SeekingAlpha.com

About Tipswatch

Author of Tipswatch.com blog, David Enna is a long-time journalist based in Charlotte, N.C. A past winner of two Society of American Business Editors and Writers awards, he has written on real estate and home finance, and was a founding editor of The Charlotte Observer's website.
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