Will i receive a 1099-int for i bonds the first year i purchased them if they were not redeemed or transferred?

You will not receive a Form 1099-INT.  You do have the choice of paying the accrued interest every year or waiting.  According to Treasury Direct:

You have a choice. You can

• report the interest every year
• put off (defer) reporting the interest until you file a federal income tax return for the year in which the first of these events occurs:
• you redeem (cash in) the bond and receive what the bond is worth, including the interest, or
• you give up ownership of the bond and the bond is reissued, or
• the bond stops earning interest because it has reached final maturity

For more information, go to Tax Considerations for I Bonds