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Savings EE bonds are a popular type of government bond: They earn a fixed rate of return, and only require $25 to buy. ... 2024, and April 30, 2025, will have an interest rate of 2.6 percent. This ...
Bonds issued in May 2005 or later pay a fixed interest rate for the life of the bond. [6] [7] Paper EE bonds, last sold in 2011, could be purchased for half their face value; for example, a $100 bond could be purchased for $50, but would only reach its full $100 value at maturity.
For example, Series EE Savings Bonds currently earn a 2.60% interest rate, which is subject to change after 20 years. Series I Savings Bonds are fixed at 3.11%, though this rate may change every ...
Series EE savings bonds mature after 20 years, and they’ll continue earning interest for 10 more years. As such, holding onto your bonds for three decades is the way to collect the largest ...
The guaranteed minimum investment yield for the bonds was 4 percent, compounded semiannually. [11] Interest was exempt from state and local taxes, but was subject to federal taxes. [12] Series E bonds were sold at 75% of face value and had a 2.9% interest rate compounded semiannually. [13]
Say, for example, you buy a Series EE bond for $100 that earns 2.70% interest per year, which was the rate from May 1 to Oct. 31, 2024. One month’s worth of interest is added to the $100 ...