What Is the Maturity of a Series EE U.S. Savings Bonds?
Series EE savings bonds have provided investors with a low-risk investment since 1980. But savings bonds eventually stop earning interest, and depending on when you purchased your Series EE bond, it may be close to its final maturity date.
Series EE savings bonds were first offered by the federal government on July 1, 1980. These bonds replaced the Series E bond, which was taken out of circulation.
Series EE savings bonds have two different maturity dates. The first is the original maturity date, which establishes the date when the bond reaches face value. Then the bond reaches full maturity 30 years after its purchase date, at which time it no longer earns additional interest.
1980s through early 1990s
Bonds purchased in the 1980s had varying original maturity dates, ranging from eight to 12 years. The maturity dates were based on changing interest rates set during the terms of the bonds.
Interest rates on Series EE savings bonds dropped from six percent to four percent, creating an extended original maturity date. From 1993 to 2003, original maturity dates ranged from 17 to 18 years.Current
Bonds purchased since June 2003 will reach face value after 20 years. Like all other Series EE bonds, they will continue to earn interest for up to 30 years after the purchase date.
You can determine the current value of your Series EE bond by using a savings bond calculator. You may redeem bonds at www.treasurydirect.gov, or by visiting your financial institution.
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