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EE savings bonds - when do they pay?
Old 02-01-2006, 09:44 AM   #1
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EE savings bonds - when do they pay?

I have a bunch of EE savings bonds purchased July 1992. Since the current rate is so dismal, I'm going to trade them for I bonds, (trade = sell/buy) Does anyone know when the interest is credited? I understand it isn't obvious.

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Re: EE savings bonds - when do they pay?
Old 02-01-2006, 10:43 AM   #2
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Re: EE savings bonds - when do they pay?

Irwin,
You can plug in the serial numbers and other data to deterimine value of your bonds at this site:
http://wwws.publicdebt.treas.gov/BC/SBCPrice Good luck.
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Re: EE savings bonds - when do they pay?
Old 02-05-2006, 10:07 PM   #3
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Re: EE savings bonds - when do they pay?

Quote:
Originally Posted by Irwin41
I have a bunch of EE savings bonds purchased July 1992.
...
Does anyone know when the interest is credited?
For EE Bonds, the interest is credited once every 6 months (while I bonds have interest credited on the 1st of every month). Since they are July bonds, interest is credited on your bonds every January 1 and July 1. Since it's 1 month into the next holding period, it wouldn't hurt you to cash them in immediately..but don't wait until June 28.
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