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i bond intrest rate

 

Definitions from the Web

i bond interest rate

Noun: The interest rate associated with a US Treasury savings bond known as an I bond.

Sample Sentence: The current i bond interest rate is 1.68% and is subject to change every six months.


i bond

Noun: A type of US savings bond issued by the Department of the Treasury, offering a combination of fixed and inflation-based interest rates.

Sample Sentence: Investing in i bonds can be a smart way to protect against inflation and earn a competitive interest rate.


interest rate

Noun: The percentage charged or paid for the use of money, typically expressed as an annual percentage rate (APR).

Sample Sentence: The bank offered me a mortgage with a low interest rate, making it a favorable option for purchasing a house.


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