Series Bonds Faqs | US Savings Bonds

Posts Tagged ‘series bonds faqs’

Series I Bonds, also called Series I Savings Bonds or Series I government bonds are also popular US Savings Bonds along with Series E and EE Savings Bonds. In the past, you can only purchase and invest in Series I Bonds in paper form. Nowadays, you can invest in the US government ’s Series I Bonds electronically.

How are Series I Bonds sold?

The US government ’s Series I Bonds are sold at face value. The maximum amount of Series I Bonds you can purchase in a year is currently $30,000

How to buy Series I Bonds?

Series I Bonds can be purchased in denominations of:

$50,
$75,
$100,
$200,
$500,
$1,000,
$5,000, and
$10,000.

Interest rates on I Bonds and redemption

The interest rates on I bonds are forfeited on the most recent 3 months’ interest if you buy the US Series I Bonds and then redeem them within 5 years. If you hold onto US Series I Savings Bonds for more than 5 years, there is no penalty on the interest on I bonds.