Question about savings bonds?
by admin ~ May 30th, 2010 . Filed under: Investing .
Amanda D asked:
I graduated from college last year and my grandmother told me that she had a savings bond for that started off as $100.00. She got the savings bond May of 1985 a year after I was born. I am just curious to know if any one has any knowledge of how a savings bond works or how much money I should expect to be getting. Also, where can I cash this in?
Deb Tolly
I graduated from college last year and my grandmother told me that she had a savings bond for that started off as $100.00. She got the savings bond May of 1985 a year after I was born. I am just curious to know if any one has any knowledge of how a savings bond works or how much money I should expect to be getting. Also, where can I cash this in?
Deb Tolly
May 31st, 2010 at 10:27 am
It’s worth the face value. If your grandmother bought a $100 bond, it didn’t actually cost her $100. If she spent $100, you’d have to look at the savings bond to see what the face value is.
You can take a savings bond to any bank to cash it in.
May 31st, 2010 at 2:56 pm
SavingsBonds.gov
June 1st, 2010 at 6:41 am
Take it to your local bank.
June 4th, 2010 at 6:48 am
The savings bond httpwwwtreasurydirectgovindivresearchindepthebondsres_e_bonds_eeredeemhtm.
The bond to the savings bond with face value of 10000 issued 051985 is currently worth 17828 according to the treasury direct savings bond httpwwwtreasurydirectgovindivresearchindepthebondsres_e_bonds_eeredeemhtm.
The bond httpwwwtreasurydirectgovindivresearchindepthebondsres_e_bonds_eeredeemhtm.
The bond with face value of 10000 issued 051985 is currently worth 17828 according to bank that handles savings bond calculator you can take the savings bond with face value.