Bond Reaches Original Maturity Guarantee

Thursday, July 1st, 2004
Categorized as: Yesterday's News (old post archive)

I have a $10,000 Series EE Savings Bond that was purchased in August 1992 that is currently paying 6% interest and matures in August 2004. Will this bond continue to pay 6% interest beyond the maturity date of August 2004 and if not, what would the new rate be?

Tom’s response

On August 1 this bond reaches its “original maturity guarantee”. This means that when you bought it the Treasury guaranteed it would reach face value in 12 years (for a bond you buy today, it’s 20 years!).

The good news is that it will actually be worth a little more than that – $10,164.

The bad news is that on August 1 the guaranteed rate will drop to 4% from the current 6%. Nonetheless, 4% is better than what you can get with a new Savings Bond and much better than comparable investments.

Series EE bonds don’t reach final maturity for 30 years – so this bond will pay interest until 2022, if you want to keep it that long.

Rate this post (1 to 5 stars):  1 Star2 Stars3 Stars4 Stars5 Stars
(Average rating: 5.00 stars)

FDIC Insured Certificates of Deposit can pay 1 or 2% more than savings bonds when held for a similar length of time. See top CD Rates Below:

No comments yet.

Comments Closed

June 1, 2010

After six years, over 400 posts, 3,680 real comments, and over 90,000 spam comments (thank you, Akismet, for making managing a blog with comments possible), I am closing public comments on I will contine to update the main articles on this site, but not the comments.

Virtually every question about Savings Bonds has been asked and answered on this site multiple times. Use the search feature (see the box in the gray area near the top of this page) or the detailed menu on the lower part of the home page to find the information you're looking for. If you have a copy of Savings Bond Advisor, you can ask me a question here.

Tom Adams

Savings Bond Calculator


Savings Bond

Get an answer to your questions from the Treasury's Savings Bonds team.

Click below to ask a question.

Ask the Treasury


Invest online in Savings Bonds or
marketable Treasury securities.

Deal directly with the U.S. Treasury.

More info


Log in