saving bond?

Question

how much i get out of a 100 saving bond what in the what is the interest is a year or month

Answer 1

Bonds are different. There are U.S. Savings Bonds, local state and city bonds, municipal bonds etc. A bond is basically a promise to pay, that's why it's called a bond.

If you buy a $100 bond, it usually means you will be paid back $100 on or after a certain date a couple or few years down the road. So, you usually would buy the bond for less than it's "face" or "maturity" value. Maybe you could buy it for $90 or $85. Bonds are usually VERY low interest earners.

People that buy them usually feel very confident that the organization will keep it's promise or won't go bankrupt. (Cities and Coutries DO go bankrupt though) Since they are considered so "SAFE" they don't have to usually pay a high interest to get people to buy them.

Answer 2

Most of the EE savings bonds are paying about 4% (give or take).

They are bought at 50% of their face value ($100 bond is bought for $50). Eventually it will be worth $100, but that can take over 15 years. If you "cash it in" prior to the maturity date, then it'll be worth something less than $100.

The US treasury has a nice website that will allow you to find out exactly what your bond is worth and what it is earning (i'd guess it's earning about 4%).

Answer 3

Search US Treasury for bond info. The rates change. You have to hold bonds for years w/ out penalty