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#1
09-06-2005, 03:32 PM
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Savings bond questions
My mom recently sent me savings bonds that were purchased for me at various stages of my childhood. They include some Series EE bonds (mostly issued around 1991) and some Series E bonds (mostly purchased around 1979.)
1) I assume I can cash these in at my local bank, right? 2) Have these bonds continued to accrue interest after reaching face value? If so, is there a way I can figure out how much they are presently worth? (I'm about to do a a Google search. I'll post any results I come up with.) 
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#3
09-06-2005, 03:33 PM
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Re: Savings bond questions
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#4
09-06-2005, 03:34 PM
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Re: Savings bond questions
Yeah, you can cash them at your local bank.
As far as the rest, I dunno. Depends on the time frame they mature at. The teller should be able to tell you the value of them without cashing them.
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#7
09-06-2005, 04:03 PM
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Re: Savings bond questions
[ QUOTE ]
I'm rich! [/ QUOTE ] Hehe, I doubt it. EE bonds in that time frame may only be worth their face value or slightly more. I would guess that they're almost certainly < 2x their face value. I used to work for the Federal Reserve in the savings bond division. What you really want to find under a mattress are I/E Series bonds from a long time ago. I forget the exact time frame, but there was about a 6 month period where the interest rate was phenomenal.
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