Do you have to be American to purchase this? What about Canadians? This is absol... | Hacker News

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		tomatowurst on April 12, 2022 \| parent \| context \| favorite \| on: I Bond’s variable rate will rise to 9.62% with the... Do you have to be American to purchase this? What about Canadians? This is absolutely bonkers that this exists, the GIC account I put in pays a measly 1.25%. Update: so according to this site looks like it is possible but we will be taxed on the interest (50% capital tax!!!) https://www.thestreet.com/investing/funds/can-canadians-have... Is there a way to avoid this by putting it in TFSA or RRSP?

akg_67 on April 12, 2022 [–]

Why not look into Real Return Bond? It is Canadian version of inflation protected bond.

You need SSN to buy I-series bond.

tomatowurst on April 12, 2022 | [–]

Good point I guess 2.75 is better than 1.25. laughable that its "inflation protected" but bummer...you need a SSN

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