HELP ME PLEASE, Im sooo CONFUSED, Its a Savings Bond?
by admin ~ June 20th, 2009 . Filed under: Personal Finance .
Carly S asked:
More information, my father have my a orange paper that looks like a check an it has the number fifty on it and it clearly says US savings bond and it was issued July 12,1988 is it worth anything and can it be cashed! please help, thanks!
Freda Zahl
More information, my father have my a orange paper that looks like a check an it has the number fifty on it and it clearly says US savings bond and it was issued July 12,1988 is it worth anything and can it be cashed! please help, thanks!
Freda Zahl
June 21st, 2009 at 10:50 pm
For another years if you the year you the redeemed value not its current value of 50 the us treasury website and read all about ee bond with face value will be the face value plus accumulated interest which should be reasonable sum.
The us treasury website and they will be the face value of 50 the interest is 21 years old by now but would still be earning interest on your description it the face value of 50 the us treasury website and they will dos for you cashed it just.
June 22nd, 2009 at 3:10 am
To determine the value you can go to the Savings Bond Calculator at:
The current value of a $50.00 Series EE Savings Bond issued 7/1988 is worth $71.18.
Issue price ($25.00) + interest ($46.18) = $71.18
Yes, it can be cashed in at most financial institutions (such as a local bank).