Series EE – Double-Value Questions
Tuesday, August 3rd, 2004
Categorized as: Series EE US Savings Bonds
About how long will it take for Series EE bonds purchased this year to reach face value? In the past it took about seven or eight years. If the new EE take longer, are there other US bonds which will double in value in about a 10 year period?
Tom’s response
Series EE bonds purchased now are guaranteed to double in value in 20 years, which is the equivalent of a 3.5% interest rate. To double in value in 10 years, you’d need an interest rate of just under 7.2%. There aren’t any low-risk investments currently paying that high a rate.
Rate this post (1 to 5 stars): 
(Average rating: 4.17 stars)
(Average rating: 4.17 stars)
Loading...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:
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 Savings-Bond-Advisor.com. 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