Hi. When I was getting my first Communion an old family friend purchased a $50 EE Bond and gave it to me as a present. She's moved to Poland since then. Where can I find out the interest rate of this bond and how much I've gained?
2007-02-14 10:00:31 · 5 answers · asked by Gaz 2 in Business & Finance ➔ Investing
The government's website gives you tools with which you can do things like...
calculate the value of a bond, if you know the face value and the purchase date:
http://www.savingsbonds.gov/indiv/tools/tools_savingsbondcalc.htm
2007-02-14 10:09:27 · answer #1 · answered by Web Maven 6 · 0⤊ 0⤋
they usually are sold for 50% of face or $25. If it's more than 10 years old it's worth $50 plus...Earning about 4% now.
2007-02-14 18:03:33 · answer #2 · answered by zocko 5 · 0⤊ 0⤋
They are redeemable at face value at maturity - she probably bought it for $25.00. You don't say how long ago that was. If it has matured, it is worth $50 plus interest. If it hasn't its worth less (plus whatever penalties you are assessed). The easiest thing to do is to go to your bank and ask them. They will be able to give you all the info.
2007-02-14 20:17:00 · answer #3 · answered by jerry 5 · 0⤊ 0⤋
Most savings bonds pay around 4%.
Sell it and buy a good stock mutual fund.
2007-02-14 18:27:14 · answer #4 · answered by derek 4 · 0⤊ 0⤋
Just get rid of it at local bank. Now.
2007-02-14 18:08:56 · answer #5 · answered by vegas_iwish 5 · 0⤊ 0⤋