0.10%
Effective today, Series EE savings bonds issued May 2021 through October 2021 will earn an annual fixed rate of 0.10%. Series I savings bonds will earn a composite rate of 3.54%, a portion of which is indexed to inflation every six months. The EE bond fixed rate applies to a bond’s 20-year original maturity.

Are Series EE savings bonds still earning interest?

Series EE Bonds, the common variety first issued in 1980, and still being issued today, were designed to pay interest for up to 30 years. 1 2 So any bonds dated 1989 or earlier—the first generation, so to speak—will have stopped paying by the end of 2019.

Do you get interest on EE Savings Bonds?

Series EE Savings Bonds. Yes. EE bonds bought from May 1997 through April 2005 earn a rate of interest that changes every six months (a variable rate). EE bonds bought before May 1997 earn interest at different rates depending on when they were bought. Learn more on Interest Rates – Current and Past.

What was the interest rate on EE bonds in 1997?

Treasury determines the rate each May 1 and November 1 and applies that rate for six-month rate periods that start in the next six months. For six-month rate periods that start from May 2021 through October 2021, the annual interest rate that applies to EE bonds with issue dates from May 1997 through April 2005 is 0.52 percent.

What happens to an EE bond after 20 years?

If an EE Bond does not double in value (reach its face value) as a result of applying the fixed rate of interest for those 20 years, Treasury will make a one-time adjustment at the 20-year anniversary of the bond’s issue date to make up the difference.

What is the face value of an EE bond?

The face value of that paper EE Bond is $50.) The paper EE Bond starts to earn interest on what it cost (not on its face value). Over time, with compounded interest, the paper EE Bond gets closer and closer to its face value.