Series EE savings bonds are issued with a cost that is one-half the face amount. The U. Treasury guarantees that your bond will double in value to reach face value after 20 years.
Dear Dr. How do we determine which ones to cash in? Do we go by the interest rate or the yield percent?
We're pleased to hear from our customers regarding their satisfaction with our website. Although your browser settings don't allow you to view the website survey we're conducting, please e-mail your comments. These EE bonds earn the same rate of interest a fixed rate for up to 30 years.
Savings bonds are among the safest types of investments available. These low-risk investments are backed by the U. Since savings bonds carry little risk, the rate of return is modest.
Savings bonds are a type of bond, or debt security, issued by the U. Savings bonds are an easy way for individuals to loan money directly to the government and receive a return on their investment. The bonds are sold at their face value.
Perhaps your grandparents gifted you with a savings bond on a special occasion, or you may have inherited one from an elderly relative. As long as the term of the bond is still running interest will keep accruing on it, but once the bond matures, you should go ahead and redeem it. To see if your bond has matured, start by looking at the series name on the upper right corner of the bond.
Payroll Savings Plan owners: All bonds are paid out by cheque or direct deposit upon maturity. Certificated bond owners: Redeem matured bonds at your financial institution. Find out how to redeem your funds, what happens when your bonds reach maturityand how to sign up for Direct Deposit.