Savings Bonds:
- Available from the U.S. Department of the Treasury
Series EE Patriot Bond
- Accrual-type security (interest is paid when the bond is cashed)
- Interest is added monthly and compounded semi-annually
- Sold at 50% of the face value of bond
- Earns interest for up to 30 years
Series I Bond
- Accrual-type of security (interest is paid when the bond is cashed)
- Earnings are inflation-indexed. The earnings rate is calculated as a combination of a fixed rate of return and a semiannual inflation rate based on CPI-U
- Interest is generally added monthly and compounded semiannually
- Sold at face value
- Earns interest for up to 30 years
If you need any assistance, please call one of our Customer Service Representatives.