Ask Kip: Answers to Frequently Asked I Bond Questions

Ask Kip: Answers to Frequently Asked I Bond Questions
Answers to frequently asked I bond questions. Drozd Irina/Shutterstock
|Updated:
By Lisa Gerstner From Kiplinger’s Personal Finance
Q: I see that U.S. Series I Savings Bonds are currently paying a rate of paying 9.62 percent. How is the interest rate determined?