Is the bond worth cashing in or rolling it over?
2006-11-10 02:33:16 · 10 answers · asked by covlover 1 in Business & Finance ➔ Personal Finance
It's not yet worth the face value of $100.00. Without knowing what series bond you have (like and I Bond, or EE) and the month and year it was issued there's no way for me to tell exactly. An EE bond issued in Jan, 1997 is worth about $71.
If you go here
http://www.savingsbonds.gov/BC/SBCPrice
you can price your bonds without going to the bank
bonds usually take at least 20 years to reach face value, depending on the interest rate at the time of purchase. they'll earn for a total of 30 years, then they are considered mature. Savings bonds are actually a decent small investment because the interest rates are higher than some small savings accounts.
2006-11-10 02:52:48 · answer #1 · answered by eeyoung03 3 · 2⤊ 0⤋
The savings bond has a FACE VALUE of $100. It was purchased for $50. ALL US savings bonds are sold at 1/2 the face value. That has been true for as long as US Savings bonds have existed.
2016-05-22 02:44:59 · answer #2 · answered by Anonymous · 0⤊ 0⤋
EE Savings Bond with an issue price of 100 dollars in December 1996
2014-01-07 08:42:25 · answer #3 · answered by gladys 1 · 0⤊ 0⤋
It is worth $100. Rolling it over, you mean buying another $100 US Savings Bond ? Hate to say this but US Savings Bonds are not a good investment.
2006-11-10 02:42:46 · answer #4 · answered by no nickname 6 · 0⤊ 2⤋
You have to wait till the bond has matured to get full value from it, most are at least 10 years, if not 20.
2006-11-10 02:41:35 · answer #5 · answered by Yo LO! 6 · 0⤊ 0⤋
Most banks will be able to help you understand what kind of bond you have (series) and when it matures. Give one a call.
2006-11-10 02:38:20 · answer #6 · answered by SafetyDancer 5 · 0⤊ 0⤋
71.92 or more if it is an ee bond.It depends on the month and year.Check out www.savingsbonds.gov.
2006-11-10 02:54:43 · answer #7 · answered by ponygirl 6 · 1⤊ 0⤋
Go to
www.treasurydirect.gov
2006-11-10 02:41:08 · answer #8 · answered by i have no idea 6 · 0⤊ 0⤋
It's worth $100.00
2006-11-10 02:36:12 · answer #9 · answered by Jet 6 · 0⤊ 4⤋
about .17 cents
2006-11-10 02:35:49 · answer #10 · answered by timestamps 6 · 0⤊ 3⤋