Also, you mention WaMu…I went to a WaMu in southern California and was advised of two things I had not known: 1) they don’t sell US Treasuries but they will redeem them; and 2) they are not a “bank” — they are a…(drum roll)…”savings and loan”. You might recall an in...
The Series EE Bond (often referred to as a "Patriot Bond") is a non-marketable, interest-bearing U.S. government savings bond. These bonds are guaranteed to at least double in value over the typical 20-year initial term. Some Series EE bonds have total interest-paying lives that extend ...
Different types of savings bonds U.S. savings bonds come in a three series, only two of which are still issued: Empty heading Series E bonds The U.S. government first issuedSeries E bondsto fund itself during World War II, and it continued to sell them until 1980, when Series EE bonds...
Series I bonds are one type of savings bond, and they’ve become popular in recent years because of their built-in inflation protection.Municipal bondsUsually referred to as “munis,” municipal bonds are a type of government bond issued by state or local governments. The main advantage of ...
Now, the staid savings bond is back in fashion, or at least has seen a boom in recent years as an inflation-beating investment, particularly because of Series I bonds, introduced in 1998 (the savings bond itself was created in 1935). For those of us who purchased or received any type ...
the Treasury pledges to double your initial investment if you hold the bond for 20 years, effectively providing a guaranteed return of about 3.5% compounded annually.6This guaranteed doubling can make Series EE bonds an appealing long-term, low-risk investment option, especially for conservative inv...
Different types of savings bonds U.S. savings bonds come in a three series, only two of which are still issued: Series E bonds The U.S. government first issuedSeries E bondsto fund itself during World War II, and it continued to sell them until 1980, when Series EE bonds superseded th...
Analysis: I Bond advantages and how they compare to savings or money market accountsALEX CHADWICK
Different types of savings bonds U.S. savings bonds come in a three series, only two of which are still issued: Series E bonds The U.S. government first issuedSeries E bondsto fund itself during World War II, and it continued to sell them until 1980, when Series EE bonds superseded th...
the Series I is sold at face value. These bonds offer a rate of interest adjusted forinflation, making the interest rate somewhat variable. If inflation increases, the interest rate on the savings bond will be adjusted upward. During periods ofdeflation, the bonds are guaranteed never to drop...