i have some to cash in and found the same interest rate but different yields. i would rather keep a few that earn the most money. i have 237 bonds to weed through.
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i have some to cash in and found the same interest rate but different yields. i would rather keep a few that earn the most money. i have 237 bonds to weed through.
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The rate is the annual percentage rate paid, and yield is what you actually MAKE in a year when compounding is taken into account. So a bond with an annual rate of, say, 4%, will have a yield slightly higher than that because of the compounding that occurs during the year.