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EE savings bonds above face value?

I have some EE series savings bonds ($50 face / $25 issue) that I received over ten years ago. They mature around 2020. Some of them have a market value exceeding their face value (between $55-$65). If I redeem them at the bank, will I get face or market value? How can I get the market value if not at the bank?

4 Answers

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  • 1 decade ago
    Favorite Answer

    You will get the value as told by www.usbonds.gov. You just put in their serial number, and it will tell you what they will get for them.

  • 1 decade ago

    I think you are confusing market and face value. The face value is always going to be what the bond will be worth when it matures. EE bonds mature on average 15 years after purchase. They will continue to earn interest however for 30 years. Once 30 years hits the bond will stop growing in value. Check out the value of your bond at http://www.savingsbonds.gov/indiv/tools/tools_savi...

    The value that banks pay is mandated by the government. The banks are onl acting as intermediaries for the government. They earn nothing off of the transaction.

    Source(s): Former Financial Consultant
  • Anonymous
    1 decade ago

    I sold my EE bonds to a bank once and got extremely low interest rates because I sold them before maturity.

    Bonds can be sold on the open market before maturity at their market value, but yours might be too small to consider.

  • 1 decade ago

    I'm pretty sure you'd get $55-$65, as that's interest they've earned.

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