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The saving bond is being purchased for a child. If it matures in say, 7 years, do you just cash it in and buy another one or does it continue to accrue interest until she needs it for school?

2006-12-11 14:02:30 · 1 answers · asked by kathyw0728 2 in Business & Finance Personal Finance

1 answers

They have different ones, meaning different series. They mature at different rates depending on the series letter. Some of them you can cash in for part of the mature value if you cash it in earlier than the maturation date.

2006-12-11 14:06:56 · answer #1 · answered by Wrath Warbone 4 · 0 0

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