How many years does it take for a savings bond to reach its maturity?
by admin ~ October 15th, 2009 . Filed under: Personal Finance .
Leanne asked:
I have a few savings bonds and would like to know just how many years it takes for them to reach maturity. Thank you for your help!
Jeffery Sprowls
I have a few savings bonds and would like to know just how many years it takes for them to reach maturity. Thank you for your help!
Jeffery Sprowls
October 15th, 2009 at 12:42 pm
well, if you’re talking about US Savings Bonds, they really don’t have a set maturity. You earn a variable amount of interest based on market rates, so it’s subject to change. plus, you can cash them in at (pretty much) any time, or hold it and earn interest for decades.
October 16th, 2009 at 2:43 am
18yrs to mature to face value but they can earn interest up to 30yrs