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EE Savings bond...help please (:?
I was given a savings bond when I was 2.
Issued in Nov., 1995
It's 50$..
It stops increasing after 30 years..so after 30 years, how much is it worth?
3 Answers
- cainvest1Lv 71 decade ago
It depends on what interest rates do. You are paid interest semi-annually on your bond.
Rates
Series EE Savings Bonds issued May 1, 1995 through April 30, 1997 earn interest based on market yields for U.S. Treasury securities. Each May 1 and November 1 these bonds earned two savings bond rates: a short-term rate and a long-term rate. The details are outlined below. See Market-Based Savings Bond Rates for the actual rates.
Short-Term Rate
Series EE bonds earn the short-term rates for the first five years.
The short-term rates were 85% of the 3-month averages of 6-month U.S. Treasury Security yields.
Long-Term Rate
Applied to EE bonds from five years through 17 years.
EE Bonds will continue to earn interest from 17 years through 30 years at the rates in effect at that time.
Each long-term rate is 85% of the 6-month average of five-year U.S. Treasury security yields.
A new rate is determined and becomes effective each May 1 and November 1. The May 1 rate reflects market yields during the preceding November through April and the November 1 rate reflects market yields during the preceding May through October.
- Sharon TLv 71 decade ago
There is a site you can go to and enter the information and they will tell you what it is worth now. I'm sorry I don't know where but just search for "EE savings bond value."