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Are Series EE bonds sold at face value?

By Emily Wilson |

PAPER SERIES EE BONDS ARE SOLD AT 50% of face value, with an individual maximum purchase of $60,000 face value per year. Electronic EE bonds are sold at face value with an annual purchase limit of $30,000.

What is the face value of a savings bond?

Electronic Series EE savings bonds, purchased via TreasuryDirect, are sold at face value. For example, you pay $25 for a $25 bond. Paper EE bonds, last sold in 2011, were sold at half of face value.

How long does it take for a Series EE bond to mature?

30 years
All Series EE Bonds reach final maturity 30 years from issue. All Series EE bonds reach final maturity 30 years from issue. Series EE savings bonds purchased from May 1995 through April 1997 increase in value every six months. The interest rate is compounded semiannually.

How long do Series EE Savings Bonds last?

According to Ashley Dixon, a Certified Financial Planner with Gen Y Planning, a Series EE savings bond is guaranteed to be worth its face (or dollar) value after 20 years and will earn additional interest for another 10 years. Savings bonds are available in two forms: paper and electronic.

Do you have to have social security to invest in Series EE bonds?

There are a handful of additional eligibility requirements to investing in Series EE savings bonds. You must have your own Social Security Number and be one of the following: A minor. U.S. Savings Bonds, including the Series EE savings bonds, are the only security minors can own directly.

Where can I find the current value of an EE bond?

If you hold an electronic Series EE (or Series I) bond in TreasuryDirect, you can find the bond’s current value there. Use the “Current Holdings” tab inside your account. For a paper bond, use the Savings Bond Calculator. How do I cash my EE and E bonds?

What was the face value of the first savings bond?

The first Series A savings bond was issued a month later, with a face value of $25. They were marketed as a safe investment that was accessible to everyone. Series B, C, and D bonds followed over the next few years.