savings bond?????

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i found a savings bond for me (form my deceased grandmother) from 1996 for $100, would it be worth more now that it is eleven years later.

2007-06-29 12:00:48 · 2 answers · asked by נυѕт ѕмιℓє 5 in Business & Finance ➔ Personal Finance

2 answers

Savings bonds are issued at 50% of the face value. Your bond was originally sold for $50.00. A $100.00 series EE savings bond issued in Jan 1996 is currently worth $76.56. If issued in Dec 1996, it is now worth $74.68. The final maturity date will be in 2026.

2007-06-29 12:24:29 · answer #1 · answered by STEVEN F 7 · 0⤊ 0⤋

no they mature at a certain year after purchase. i believe it would double in value.but if you reinvest it it can do it again.

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2007-06-29 19:09:37 · answer #2 · answered by pbear i 5 · 0⤊ 1⤋