1 answer

Can you find the following for the United States Series EE Savings Bonds:The current rate, the...

Question:

Can you find the following for the United States Series EE Savings Bonds:The current rate, the minimum purchase, the maximum purchase, the available denominations and describe how you would purchase such a savings bond?


Answers

US series EE savings Bonds are non marketable interest providing bonds with a promised return to double the value in 20 years.

The current rate is 0.10% for bonds issued from May to Oct 2019

Minimum purchase is $25

The maximum purchase is $10000 per calender year

These bonds are purchased for 50% of the face value. Thus an investor would pay $50 for a bonds of face value $100.

Denomination: $25 and above, in penny increments for above

Issue of bond : Electronically in TreasuryDirect

These bonds are not traded in open market. They can be brought or sold through private placements or in OTC (over the counter)

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