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Maturity dates for Series EE bonds. If you purchase a Series EE bond today, you are guaranteed to earn a fixed interest rate for 20 years, which is when the bond matures. At 20 years, the ...
Another feature of the Series EE savings bond is that you can also keep the bond beyond its maturity date. Bond holders continue to earn interest for up to 30 years, making the bond even more ...
If not redeemed at maturity, the bonds would continue earning interest for a total of 40 years if issued before December 1965, or for 30 years if issued in December 1965 or later. Series E was replaced by Series EE bonds in 1980, and the last issued Series E bonds ceased earning interest in 2010.
Savings bonds are currently offered in two forms, Series EE and Series I bonds. Series EE bonds pay a fixed rate but are guaranteed to pay at least double the purchase price when they reach initial maturity at 20 years; if the compounded interest has not resulted in a doubling of the initial purchase amount, the Treasury makes a one-time ...
The U.S. government first issued Series E bonds to fund itself during World War II, and it continued to sell them until 1980, when Series EE bonds superseded them. Series E bonds are no longer issued.
With 20 years remaining to maturity, the price of the bond will be 100/1.07 20, or $25.84. Even though the yield-to-maturity for the remaining life of the bond is just 7%, and the yield-to-maturity bargained for when the bond was purchased was only 10%, the annualized return earned over the first 10 years is 16.25%.
Series E United States Savings Bonds were government bonds marketed by the United States Department of the Treasury as war bonds during World War II from 1941 to 1945. After the war, they continued to be offered as retail investments until 1980, when they were replaced by other savings bonds .
Par value: The amount that is repaid at maturity. If a bond has a coupon rate, the investor will receive a coupon payment each period and the par value plus a coupon payment at maturity ...