the finance connection » I bonds http://thefinanceconnection.com Sat, 04 Sep 2010 10:24:28 +0000 http://wordpress.org/?v=2.9.2 en hourly 1 What are I Bonds http://thefinanceconnection.com/bonds/what-are-i-bonds/ http://thefinanceconnection.com/bonds/what-are-i-bonds/#comments Fri, 17 Jul 2009 07:35:30 +0000 admin http://thefinanceconnection.com/?p=188
  • High Yield Bonds definition By definit
    • ]]>     I Bonds are a low-risk, liquid savings product. While you own them they earn interest and protect you from inflation. You may purchase I Bonds at www.TreasuryDirect.gov and at most local financial institutions.

    Additional Inflation Bond Facts:

    • I Bonds earn interest from the first day of their issue month.
    • You can redeem them at any time after a twelve-month minimum holding period
    • They are an accrual-type security
    • They increase in value monthly and the interest is paid when you redeem the bond
    • I Bonds are sold at face value; i.e., you pay $50 for a $50 I Bond
    • I Bonds grow in value with inflation-indexed earnings for up to 30 years
    • If you redeem I Bonds before they’re five years old, you’ll forfeit the three most recent months’ interest; at or after 5-years old, you won’t be penalized.

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    1. High Yield Bonds definition By definit

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