Quote:
Originally Posted by cptacek
Right now the fixed rate interest rate on an I bond is 0%:
Individual - I Savings Bonds Rates & Terms
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Then how are they able to quote the interest rate of 4.84% on the letter they sent? I see on the site you linked they got that number by multiplying inflation by 2. Will inflation *always* be multiplied by 2 to determine the rate of this bond? I'm confused.