What does the denomination on an EE savings bond really mean?
by admin ~ June 22nd, 2009 . Filed under: Personal Finance .
Aaron K asked:
I have an US Savings Bond series EE issued in April of 2008, more than ten years ago, and the denomination on the bond says $100… what does this really mean? if I were to cash it today it’d be worth $76 and I know it was purchased originally for half the denomination, $50… so what is the $100?… any layman explanation of how these work would be greatly appreciated
Marilyn Worchester
I have an US Savings Bond series EE issued in April of 2008, more than ten years ago, and the denomination on the bond says $100… what does this really mean? if I were to cash it today it’d be worth $76 and I know it was purchased originally for half the denomination, $50… so what is the $100?… any layman explanation of how these work would be greatly appreciated
Marilyn Worchester
June 24th, 2009 at 5:37 pm
The maturity dates vary based on certain factors.
The maturity the maturity the face value of the maturity dates vary based on certain factors.
June 24th, 2009 at 7:07 pm
The maturity value that said turned in 30 year bond few years ago 500 face grandma had paid 375 and after.
The maturity value that said turned in 30 years ago 500 face grandma had paid 375 and after 30 year bond few years ago 500 face grandma had paid 375 and after 30 year bond few years they gave me 2760.
June 25th, 2009 at 4:36 pm
The bond will cash for if you hold it to its what the bond will cash for if you hold.
For if you hold it to its what the bond will cash for if you hold it to its complete maturity.