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One of the safest investments available is the Series EE savings bond, issued by the U.S. government. Though savings bonds have a low rate of return, there are few investments that guarantee to ...
There are currently two types of U.S. savings bonds: Series EE and Series I. Both types of bonds are sold at face value — in amounts between $25 and $1000 — and you can purchase up to $10,000 ...
$50 Series EE savings bond featuring George Washington. Series EE bonds are guaranteed to double in value over the purchase price when they mature 20 years from issuance, though they continue to earn interest for a total of 30 years. Interest accrues monthly, and is compounded semiannually, that is, becomes part of the principal for future ...
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Series E bonds to fund itself during World War II, and it continued to sell them until 1980, when Series EE bonds superseded them.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 ...
U.S. savings bonds are a low-risk investment product backed by the U.S. government. Used by generations of Americans to generate a stable return on cash savings, savings bonds are purchased ...
For example, a Series EE bond issued between Nov. 1, 2024, and April 30, 2025, will have an interest rate of 2.6 percent. This bond would double in value in 27.69 years (72 divided by 2.6 percent ...
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==I remember paying $ 18.25 or thereabouts for a $ 25.00 bond; the exact year escapes me. Savings bonds were always sold at a discount, and had two maturity dates: the first, when the bonds redemption value equaled the face value of the bond, and the second when the bond ceased to earn interest.