How long for EE bonds to mature to their face value?
2007-01-13 12:41:13 · 6 answers · asked by in a hurry 1 in Business & Finance ➔ Investing
It depends on when you bought the EE bond. New EE bonds are guarranteed to reach their face value in 20 years and the bond matures in 30 years. In the '90s, the guaranteed time was around 14 years and in the '80s the guaranteed time was 6-8 years. The interest is based on the T-bill so the EE bond yield keeps changing and therefore impossible to forecast.
2007-01-13 16:06:58 · answer #1 · answered by gregory_dittman 7 · 0⤊ 1⤋
sequence EE reductions bonds are assured by utilising united states of america governemnt, pay interest in accordance with contemporary industry expenditures, and may be cashed in any time after six months. as properly, sequence ee bonds are exempt from state and native tax, and in circumstances the place they are used to pay college expenditures, from Federal taxes as properly. They get matured in 30 years.
2016-12-16 04:05:08 · answer #2 · answered by binford 4 · 0⤊ 0⤋
EE and I Bonds must be held for 12 months from their issue date before they can be redeemed
2007-01-13 12:53:14 · answer #3 · answered by HDMOM77 3 · 0⤊ 0⤋
Depends on the interest rate of the bond, if it 4% it will take longer than 5% bond.each bond has its on rate,depends on when you brought it.
2007-01-13 13:12:51 · answer #4 · answered by pomohud 5 · 0⤊ 0⤋
18 years to reach face value
2007-01-13 15:39:42 · answer #5 · answered by Inamra 1 · 0⤊ 0⤋
By mature I assume you mean before it stops earning interest.
They earn interest for a period of 30 years.
http://www.treasurydirect.gov/indiv/products/prod_eebonds_glance.htm
2007-01-13 16:04:27 · answer #6 · answered by Anonymous · 0⤊ 0⤋