Liquidating united states savings bonds
Please note the following for bonds issued in the respective periods: These bonds begin earning interest on a fixed graduated scale that starts at 4.16% at six months and increases during the first five years to reach a guaranteed minimum rate at five years.Bonds with issue dates of November 1986 through February 1993 have a guaranteed minimum rate of 6% per year, compounded semiannually, for their 12-year original maturity period.
EE Savings Bonds purchased today increase in value every month rather than every six month. Series EE Savings Bonds purchased on or after May 1, 2005, earn a fixed rate of return which is set at their purchase. See the chart above in the Maturity Rules section for your bond's maturity information.Be sure to call first, some banks do not handle the cashing in of US Savings Bonds.