I have gotten several savings bonds as gifts since 1991 till 1996. One person told me it takes 18 years for their value to mature and another person told me it only takes a few years.
2006-11-19 11:51:54 · 6 answers · asked by ginnrc 5 in Business & Finance ➔ Personal Finance
It takes about 15-20 years to fully mature.
Use this web address to see the amount of your bonds.
http://www.treasurydirect.gov/BC/SBCPrice
2006-11-19 11:55:52 · answer #1 · answered by Joe Somebody 6 · 1⤊ 0⤋
They take 15-20 years to fully mature, but after 5 years you can cash them in without a penalty.
Keep in mind that you paid 50% of their face value (i.e.: pay $25 for a $50 bond).
2006-11-20 02:01:46 · answer #2 · answered by derek 4 · 0⤊ 0⤋
It depends on the type of bond and when it was issued, but it's usually up to 20 years. You can cash them earlier, but with some you pay a penalty of some of the interest if you cash them within 5 years of issue.
Many bonds over 30 years old are no longer earning interest.
2006-11-19 12:19:20 · answer #3 · answered by Judy 7 · 0⤊ 0⤋
On average 2-5 years
2006-11-19 12:11:41 · answer #4 · answered by Anonymous · 0⤊ 1⤋
It doesn't need to "mature." You just need to hold it for at least a year. EE bonds keep earning interest for 30 years.
2016-05-22 05:14:23 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Goverment bonds generally mature in 20yrs.....
2006-11-19 12:02:33 · answer #6 · answered by dootch 2 · 0⤊ 0⤋