When purchasing U. Treasury bonds, you may have wondered why Series EE savings bonds mature on different dates. For example, the U. Treasury's EE bonds issued in and took only eight years to reach full face value, while the same EE bonds issued in took twenty years to reach their full face value.
Series EE bonds, sometimes called Patriot Bonds after , differ from Series I because they are guaranteed to double in value after 20 years. They are granted in year terms, but can be cashed in at almost any point in their lifespan. Cash in your electronic bonds easily online through the TreasuryDirect website. If you have a paper savings bond, you can redeem it at your local bank. You can also cash in lost, damaged, or stolen bonds by mail. To cash in series EE savings bonds, you'll need to wait at least 1 year after you purchased the bond or received it as a gift.
Dear Dr. Don, I own three Series EE savings bonds with the following purchase dates and face value amounts:. Dear Suzanne, Series EE savings bonds issued in the s and early s have an original maturity of 20 years, and an extended maturity of 10 years, for a total of 30 years until the final maturity of the bonds.
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