Comments on: Savings Bond Alert #013

by: Tom Adams

Thu, 27 Oct 2005 18:18:00 +0000

Actually, you can also make partial withdrawals with paper bonds, but it's a real hassle.

For example, if you have a $10,000 bond, you can ask the Treasury to split it into ten $1,000 bonds for you.

You have to cash at least one of the $1,000 bonds, though. They won't reissue bonds just to change the denominations.

by: Anonymous

Wed, 26 Oct 2005 19:37:00 +0000

In response to the previous anonymous poster, what you described about withdrawing the "entire unit" is only true if you buy paper savings bonds from your bank or a broker.

However, those who purchase electronic savings bonds through the TreasuryDirect website can withdraw any amount of principal over $25, provided there is at least $25 remaining after the transation. (This is, of course, only after the mandatory one-year holding period for EE and I bonds has passed.)

Also, existing paper bonds can be converted to electronic bonds on the TreasuryDirect website, and then partial withdrawls according to the same rules described above would be allowed.

TreasuryDirect website
http://www.treasurydirect.gov/

info on converting paper bonds:
http://www.savingsbonds.gov/indiv/research/indepth/smartexchangeinfo.htm

Cheers!

by: Anonymous

Thu, 23 Jun 2005 19:57:00 +0000

I just invested in I bonds. I entered the entire amount as a lump sum. Somewhere in the back of my mind I remember hearing that you should invest in units (i.e., $1000,$5000, etc., because you have to take out an entire unit when you decide to withdraw funds).

by: Tom Adams

Wed, 08 Jun 2005 14:27:00 +0000

It's impossible to do an I bond yield curve because the inflation component changes every six months.

Come back in September after the Consumer Price Index is released. Then I can give you the one-year I bond rate. But even then longer rates can't be calculated

by: Anonymous

Wed, 08 Jun 2005 02:29:00 +0000

Do you have a similar yield curve for the new I Bonds?

by: Anonymous

Mon, 02 May 2005 16:58:00 +0000

NIce rate for those I Bonds. Glad I got your alert last month. I was going to invest in April but decided to hold off.
As a long term US Bond investor, I am quite happy. Iuse to buy only EE bonds and only started on I Bonds one year ago. Appreciate your info.
Dano in Calif.