How much is a EE savings bond worth after 30 years?

How much is a EE savings bond worth after 30 years?

For example, if you purchased a $50 Series EE bond in May 2000, you would have paid $25 for it. The government promised to pay back its face value with interest at maturity, bringing its value to $53.08 by May 2020. A $50 bond purchased 30 years ago for $25 would be $103.68 today.

What is a Series EE savings bond worth from 1994?

Series EE Bonds So if the bond says $100 on the front, it sells originally for $50. In 1994, U.S. Series EE bonds were for sale in such a manner. They sold in face value denominations of $100, $200, and $500, all of which followed the doubling rule after the 20 years expired.

How much is a $200 EE savings bond worth?

Savings bonds — series EE — are purchased for one-half of the face amount. For example, a $200 bond is bought for $100.

What is the Guaranteed Rate for EE bonds issued before 1995?

When it changes a guaranteed rate, Treasury must announce the rate before the extended period starts. For all EE bonds issued before May 1995, the guaranteed rate for extension periods entered on or after March 1993 has been 4 percent. An extended maturity period is usually 10 years.

What is a Series EE Savings Bond?

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.

What is the interest rate for EE bonds in 2021?

Treasury determines the rate each May 1 and November 1 and applies that rate for the next six months. For six-month rate periods that start during the time period from May 2021 through October 2021, the annual interest rate that applies to EE bonds with issue dates from May 1995 through April 1997 is 0.49 percent.

Are EE bonds fixed or variable interest?

Series EE bonds issued May 2005 and after earn a fixed rate of interest. EE bonds purchased between May 1997 and April 30, 2005, earn a variable rate of interest. Interest is added to an EE bond monthly and paid when you cash the bond. Paper bonds were sold at half the face value; i.e., you paid $25 for a $50 bond.