Can EE savings bonds go down in value?
by admin ~ January 30th, 2008 . Filed under: Investing .
adrian leverkuhn asked:
i have EE bonds from 1993, 1998, and 1999 - and i plugged them into the “savings bond calculator,” and either they’ve gone down in value, or i’m reading the data incorrectly.
Thaddeus Stark
i have EE bonds from 1993, 1998, and 1999 - and i plugged them into the “savings bond calculator,” and either they’ve gone down in value, or i’m reading the data incorrectly.
Thaddeus Stark
February 1st, 2008 at 3:54 pm
They never go down in value. They are always worth their purchase price plus accrued interest.
February 3rd, 2008 at 12:54 am
They haven’t gone “down in value”, they just haven’t gone up as much as you would like; when you bought a “$100 bond” in 1993 that had a 2013 surrender date, you only paid $70 for it.
February 5th, 2008 at 3:01 am
The value of the dollar may have an effect, but they grow at the rate they were purchased at. Right now EE bonds are at 3.6% and I bonds are at 4.3%.
February 7th, 2008 at 12:07 am
Not unless the US Gov defaults on them.
They are US government guaranteed.
I