US Savings Bonds

Archive for April, 2007

There are many types of government Savings Bonds. US Savings Bonds are government Savings Bonds that are great for small investors to invest in. Below are some government Savings Bonds. Some are for short term investment while others are for longer terms. As you can see US Savings Bonds are not the only government Savings Bonds available for investors.

Series EE Savings Bonds or series E Savings Bonds

Series EE Savings Bonds or series E Savings Bonds are popular government savings bonds. Series EE Bonds or Series E Savings Bonds are a secure savings product that pay interest based on current market rates for up to 30 years. You can use the free Savings Bond Calculator to calculate the value of Us Savings Bonds.

Series I Savings Bonds

Series I Bonds are a low-risk government savings bond that earn interest while protecting you from inflation. I government savings bonds are sold at face value.

Treasury Bills

Treasury bills are short-term government savings bonds with maturities ranging from a few days to 52 weeks. Treasury Bills are sold at a discount from their face value.

Treasury Notes

Treasury notes are government savings bonds that are issued with maturities of 2, 5, and 10 years. This type of government savings bonds pay interest every six months. Treasury discontinued 3-year notes.

Treasury Bonds

Treasury resumed selling 30 year bonds in February 2006. Treasury bonds are government savings bonds that pay interest every six months.

Treasury Inflation-Protected Securities (TIPS)

TIPS are marketable securities whose principal is adjusted by changes in the Consumer Price Index.

Question: Cashing in Savings Bonds/interest question.?

I’m cashing in a savings bond with a face value of $50, and was bought for $25 in 1992. According to a Savings Bonds Calculator, the interest is about $13.00.
So I’d get $63.00, right? Or am I doing the math wrong?

Answer: It takes a bond 18 years to reach face value. (mature)

Bond Market : How Much Is My Savings Bond Worth Today?

Question: What is better for my godchild, an EE or I Savings bond?

I want to give him him $1,000. Do I buy the EE bond at $500 and then in 20 years its guaranteed to be worth $1,000? Or do I buy the $1,000 I Bond and hope that the interest rate is good for the next 20 years and he has some good money for college, at least doubling my investment. Also, can the EE bond be worth more than double what I paid for it in 20 years?

Answer: Buy an EE series. They can cash it in at maturity and get $1000 plus interest if used for education no taxes to pay.