I did a $10K Ibond in March 2022 at 9.62% interest—why is my value only $10,000.00 ?? ELI5

I did a $10K Ibond in March 2022 at 9.62% interest---why is my value only $10,000.00 ?? ELI5 ELI5 ​ I check it this weeked for the first time. ​ This was my first and only venture into Ibond investing. ​ Am I reading this wrong or did I do something wrong? ​ I assumed when I checked on it this wee that I would have $10,962 or more, ​ Why is it only $10,000.
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