How Do You Find The Value Of US Saving Bonds?
The U.S. Treasury Department Bureau of the Public Dept sells Series EE and Series I Savings Bonds to the public in two forms. You can purchase electronic versions online at TreasuryDirect.gov. You may still buy paper bonds because Congress mandated the sale of paper “Patriot Bonds” following the September 11, 2001 terrorist attack. Paper EE and I bonds can be purchased at almost any bank or other financial institution. The procedure to find the value of Savings Bonds is slightly different depending on whether you have a paper or electronic savings bond. Check the terms and conditions of the savings bond to find the annual interest rate. For paper bonds, this information comes with the bond. For electronic bonds, you will need to go to TreasuryDirect.gov and log onto the account the bond was purchased under. Calculate the monthly interest rate. U.S. Savings Bonds are compounded monthly, so divide the annual percentage rate by 12 to get the monthly rate. Find the purchase price of the bo