Series I Bond

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Dictionary Says

Definition of 'Series I Bond'

A non-marketable, interest-bearing U.S. government savings bond that is a combination of two separate rates:

1) Fixed Interest Rate
2) Variable Inflation Rate (adjusted semiannually)
Investopedia Says

Investopedia explains 'Series I Bond'

Series I bonds are meant to give investors a return, plus protection on their purchasing power.

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