Summary
- The result matched market expectations, so no surprises.
- Investors had to pay a premium to get the coupon rate of 1.0%, with an adjusted price of about $103.31 for about $101.57 for par value.
- The inflation breakeven rate came in at 2.12%, exactly where it was in the February originating auction.
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Treasury Inflation-Protected Securities 
Yes, the purchase limit is not affected by an I Bond redemption. It remains $10,000 per person per year.