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When EE US Saving bonds mature, do they double in face value or the value you paid?

April 26, 2017bonds Business double EE Face Finance Investing Mature Saving

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When EE US Saving bonds mature, do they double in face value or the value you paid?

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Your information is correct. After 20 years, a series EE savingsbond is guaranteed to double in value. In the case of an EE bond, after 20 years, it will be worth AT LEAST the value printed on the bond. If you have a $50 bond, you paid $25 for it. After 20 years, the bond is guaranteed to be worth at least $50. If the savings bond rates are good, it is very possible that your bond may be worth more than its face value after 20 years. You can check the current value of your savings bonds online at http://www.treasurydirect.gov/BC/SBCPric… If you have a lot of bonds, you can download a tool called Savings Bond Wizard to your PC that will help you inventory them.