What is the maturity period of a Series I savings bonds?
Series I savings bonds have a total maturity period of 30 years from the issue date, consisting of an original maturity period of 20 years and an extension period of 10 years. § 359.6 When may I redeem my Series I bond? (a) Bonds issued on December 1, 2002, or earlier. You may redeem your Series I savings bond issued on January 1, 2003, or earlier, at any time after six months from its issue date. (b) Bonds issued on February 1, 2003, or thereafter. You may redeem your Series I savings bond issued on February 1, 2003, or thereafter, at any time after 12 months from its issue date. [68 FR 2667, Jan. 17, 2003, as amended at 68 FR 7427, Feb. 14, 2003] § 359.7 If I redeem a Series I savings bonds before five years after the issue date, is there an interest penalty? If you redeem a bond less than five years after the issue date, we will reduce the overall earning period by three months. For example, if you redeem a bond issued January 1, 2002, nine months later on October 1, 2002, the redem
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