Submitted by dune7red4 t3_z8s8oi in personalfinance
Werewolfdad t1_iycy3tn wrote
The value of the of ibonds always reflects the three month penalty until you've held it for 5 years.
dune7red4 OP t1_iyd0xff wrote
So the 3 month penalty is front loaded? Is this the correct term?
Cruian t1_iyd2cke wrote
The 3 month penalty is the most recent 3 months. The website shows the value with the penalty until the penalty disappears, when you'll see 4 months of interest added (the newest + the 3 that were locked up in the penalty).
Ihaveamodel3 t1_iyd3sfs wrote
No. See u/93195 comment.
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