What is the difference between original and final maturity?
Bonds earn interest until the original maturity date according to the terms and conditions established at the time they were issued. When a savings bond has reached its original maturity, it enters an extended maturity period. Extended maturity periods are generally ten years but can be shorter to complete an overall life span of 30 or 40 years. Bonds can continue to enter additional extended maturity periods and earn interest until final maturity.
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