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Originally Posted by MTPockets
Is the interest added monthly, semi-annually or how is that figured? I'm just curious. It'll be another year or so before I'm in a position to purchase these, but I'm just trying to get an idea of how interest is added.
Thanks.
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The base rate is refigured every 6 months along with the inflation rate. The amount to be paid totally during that 6 month period is posted. Interest is paid, I believe, Quarterly. Remember you can buy these for as little as $25. You could buy these little by little. I would suggest that you read all my past post to learn more and have links to various sites to increase your information base.