Yes, it has been working fine. Likely just too many people
waiting til the last minute to buy the I Bonds at the 9.62% before
the rate changed. The November rate came out on I Bonds too, 6.89%
for new issues. These T Bills are darn attractive though for only
weeks of holding time. I'm guessing the new 8 week I get will be
over 4% now. They were 3.896% last time. Over 4% already on the 13
week. 4.169% last time on those and 17 week at 4.402%. All in the
tab mentioned.
Yes, it has been working
T-Bills 4 and 8 week auction is today. Those who ...
Posted by fundamentalvalues on 3rd of Nov 2022 at 08:37 am
Yes, it has been working fine. Likely just too many people waiting til the last minute to buy the I Bonds at the 9.62% before the rate changed. The November rate came out on I Bonds too, 6.89% for new issues. These T Bills are darn attractive though for only weeks of holding time. I'm guessing the new 8 week I get will be over 4% now. They were 3.896% last time. Over 4% already on the 13 week. 4.169% last time on those and 17 week at 4.402%. All in the tab mentioned.
When is the new rate
Posted by rogerv on 3rd of Nov 2022 at 08:43 am
When is the new rate for I Bonds released. Any updae on raising the max purchase to 30K ?
Just updated my post below,
Posted by fundamentalvalues on 3rd of Nov 2022 at 08:46 am
Just updated my post below, New rate on I Bonds was 6.89%. It is always updated on this page too with a bunch more info and gives you dates, etc.:
https://www.treasurydirect.gov/savings-bonds/i-bonds/
No update on the vote to consider raising the max purchase limit yet.
treasurydirect.gov
I bonds — TreasuryDirect
Thanks
Posted by rogerv on 3rd of Nov 2022 at 08:50 am
Thanks