To jump onto this thread, if we buy it before the change in Nov, we're locked in at the previous interest rate for 6 months. After since months, it changes to Nov's interest rate for 6 months. So there's always a 6 month lag on interest rates if you do it now? Oct locks in the 9% for 6months from the May 2022 rate. April 2023 it switches 6%- the Nov 2022 rate. Oct 2023 it switches to the May 2023 rate for 6 months and keeps going like that correct?
DoctorNeuro t1_itxtwlr wrote
Reply to comment by pollywantapocket in Treasury Direct log in issue by Mrs_WorkingMuggle
To jump onto this thread, if we buy it before the change in Nov, we're locked in at the previous interest rate for 6 months. After since months, it changes to Nov's interest rate for 6 months. So there's always a 6 month lag on interest rates if you do it now? Oct locks in the 9% for 6months from the May 2022 rate. April 2023 it switches 6%- the Nov 2022 rate. Oct 2023 it switches to the May 2023 rate for 6 months and keeps going like that correct?