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1 Definition

I Bond

For I Bond we have a term and definition in Treasury.



I Bond (Treasury)

I Bonds are a type of U.S. Savings Bond offered by the U.S. Department of the Treasury. An I Bond is an accrual-type security, meaning interest is added to the bond monthly and paid when the bond is redeemed. The I Bond interest rate is based upon a combination of a fixed rate of return and a variable semiannual rate. I Bonds grow in value with inflation-indexed earnings for up to 30 years.


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