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One of the safest investments available is the Series EE savings bond, issued by the U.S. government. Though savings bonds have a low rate of return, there are few investments that guarantee to ...
There are currently two types of U.S. savings bonds: Series EE and Series I. Both types of bonds are sold at face value — in amounts between $25 and $1000 — and you can purchase up to $10,000 ...
Series EE bonds issued today will mature in 20 years, and they are guaranteed to double in value over that time. ... 2025, will have an interest rate of 2.6 percent. This bond would double in ...
$50 Series EE savings bond featuring George Washington. Series EE bonds are guaranteed to double in value over the purchase price when they mature 20 years from issuance, though they continue to earn interest for a total of 30 years. Interest accrues monthly, and is compounded semiannually, that is, becomes part of the principal for future ...
Savings bonds are currently offered in two forms, Series EE and Series I bonds. Series EE bonds pay a fixed rate but are guaranteed to pay at least double the purchase price when they reach initial maturity at 20 years; if the compounded interest has not resulted in a doubling of the initial purchase amount, the Treasury makes a one-time ...
$100 Series E bond (1944) ... when they were replaced by Series EE bonds. ... Series E bonds were sold at 75% of face value and had a 2.9% interest rate compounded ...
Bonds are sold at less than face value, for example, a $50 Series EE bond may cost $25. Bonds accrue interest, and your gains are compounded, meaning that interest is earned on interest.
The TreasuryDirect website started selling electronic Series I bonds online in October 2002, and it added Series EE bonds in May 2003. [35] This system was designed to support up to 80 million user accounts; by March 2004, it had 168,000 accounts. [26]