What is the maturity date for EE savings bonds?
What is the maturity date for EE savings bonds?
30 years
All Series EE Bonds reach final maturity 30 years from issue. All Series EE bonds reach final maturity 30 years from issue. Series EE savings bonds purchased from May 1995 through April 1997 increase in value every six months.
How much is a $100 savings bond from 1999?
For example, a $100 denomination series I bond issued in July 1999 was worth $201.52 at the time of publication, 12 years after issue.
Do EE bonds pay interest after maturity?
EE bonds earn interest until final maturity, which is 30 years from the date of issue. You can also use the online TreasuryDirect savings bond calculator to find the final maturity dates of paper bonds.
What is the maturity date of a series E Bond?
Bonds are issued by month and their maturity dates depend on the type of bond you have and when you purchased it. Series E bonds bought between May 1941 and November 1965 mature in 40 years, but if you bought the same type of bond between December 1965 and June 1980, it would mature in 30 years.
How do you calculate bond maturity?
To calculate the bond years in an issue, it is necessary to use a simple mathematical formula. An investor can divide the number of months in the maturity period by 12, and multiply this by the face value of the bond divided by 1,000. For example, if a bond has a 13 month maturity period and a face value of $2,000 USD, it would have 2.16 bond years.
What is the maturity of Series E bonds?
Maturity Rules and Periods. Originally issued for a fixed term of 10 years, E bonds were granted interest extensions that brought their interest-bearing lives to 30 or 40 years, dependent upon the issue date of the bond. Some Series E bonds continue to earn interest today, although the last E bonds will stop earning interest in 2010.
How to check bond maturity?
Check the Bond Maturity Look for the issue date on your savings bond, which is located in the upper right corner. It will look like this: 02 2008, which is a bond issued on February of 2008. Figure out how old the bond is by counting the number of months that have passed since it was issued.
