I bond rates have a variable and fixed rate portion, which the Treasury adjusts every May and November. Together, these are known as the I bond "composite rate" or "earnings rate," which determines ...
What Is a Variable-Rate Demand Bond? A variable-rate demand bond (VRDB) is a type of municipal bond with a floating interest rate that adjusts periodically, usually weekly or daily. This type of bond ...
A savings bond is a type of government-issued investment security designed to help fund government expenditures and raise capital. It is a debt instrument where an individual lends money to the ...
The New Jersey Supreme Court agreed to review a lower court's ruling against a whistleblower who sued a bevy of Wall Street banks over alleged rate-rigging on the state's variable-rate demand bonds.
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We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Sabrina Karl has over two decades of experience writing about savings, CDs, and ...