Comments on: How long to reach face value http://www.savings-bond-advisor.com/how-long-to-reach-face-value/ Fri, 29 Aug 2008 20:28:32 +0000 http://wordpress.org/?v=2.0.4 by: Tom Adams http://www.savings-bond-advisor.com/how-long-to-reach-face-value/#comment-72 Tue, 07 Feb 2006 18:39:59 +0000 http://www.savings-bond-advisor.com/how-long-to-reach-face-value/#comment-72 My original answer to the question, written over a year ago, leaves a lot to be desired. Let me start over from the beginning: <i>How long does it take a savings bond to reach face value?</i> Newly issued Series EE, but not Series I, Savings Bonds have a feature that guarantees your investment will double in value in 20 years. Since paper EE bonds are sold at half of their face value, this guarantee also means they will reach their face value in 20 years. Depending on their issue date, EE bonds issued before June 2003 have either already doubled in value or will double in value in 17 or 18 years. The guarantee applies to both paper and electronic EE bonds. Athought electronic EE bonds don't have a face value, your investment is still guaranteed to double in value in the required number of years. My original answer to the question, written over a year ago, leaves a lot to be desired. Let me start over from the beginning:

How long does it take a savings bond to reach face value?

Newly issued Series EE, but not Series I, Savings Bonds have a feature that guarantees your investment will double in value in 20 years.

Since paper EE bonds are sold at half of their face value, this guarantee also means they will reach their face value in 20 years.

Depending on their issue date, EE bonds issued before June 2003 have either already doubled in value or will double in value in 17 or 18 years.

The guarantee applies to both paper and electronic EE bonds. Athought electronic EE bonds don't have a face value, your investment is still guaranteed to double in value in the required number of years.

]]> by: jay http://www.savings-bond-advisor.com/how-long-to-reach-face-value/#comment-71 Tue, 07 Feb 2006 06:34:21 +0000 http://www.savings-bond-advisor.com/how-long-to-reach-face-value/#comment-71 How about electronic EE bonds which sold at face value. How maturity guarantee works? How about electronic EE bonds which sold at face value. How maturity guarantee works?

]]> by: Tom Adams http://www.savings-bond-advisor.com/how-long-to-reach-face-value/#comment-65 Tue, 31 Jan 2006 19:36:35 +0000 http://www.savings-bond-advisor.com/how-long-to-reach-face-value/#comment-65 The Series EE <i>original maturity guarantee</i> depends on when the bond was issued. Bonds issued in: <ul> <li>February 93 or earlier: <ul> <li>are over face value now</li> </ul></li> <li>March 1993 through April 1995: <ul> <li>are guaranteed to reach face value within 18 years from their issue date</li> </ul></li> <li>May 1995 through May 2003: <ul> <li>are guaranteed to reach face value within 17 years from their issue date</li> </ul></li> <li>June 2003 and later <ul> <li>are guaranteed to reach face value within 20 years from their issue date</li> </ul></li> </ul> The Series EE original maturity guarantee depends on when the bond was issued. Bonds issued in:

  • February 93 or earlier:
    • are over face value now
  • March 1993 through April 1995:
    • are guaranteed to reach face value within 18 years from their issue date
  • May 1995 through May 2003:
    • are guaranteed to reach face value within 17 years from their issue date
  • June 2003 and later
    • are guaranteed to reach face value within 20 years from their issue date
]]> by: Paola http://www.savings-bond-advisor.com/how-long-to-reach-face-value/#comment-64 Tue, 31 Jan 2006 05:12:58 +0000 http://www.savings-bond-advisor.com/how-long-to-reach-face-value/#comment-64 You didn't answer the question on how long for EE bonds to reach face value. My children's bonds (var. amounts $75, $100 and $500) were purchased in 9/1996. So in other words, when will the $100 bond be worth $100? Thank you for your help. You didn't answer the question on how long for EE bonds to reach face value. My children's bonds (var. amounts $75, $100 and $500) were purchased in 9/1996. So in other words, when will the $100 bond be worth $100?

Thank you for your help.

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