United States Savings Bond
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As we know that many saving bonds are being issued by the governments of all countries, US Saving bond is one of them . If you are going to invest your money in us savings bond , do,nt worry about safety of your money with us savings bonds . us saving bond is the best saving bond and any person who wants to invest in us saving bond, can easily buy it . as we know that interesting rate be the one of the many features available with the saving bonds who attracts any person to invest the money in the saving bond . this interesting rate can be high or low with time . normally , interest rate on us saving bonds depends on the bond series . let us know about the bond series included in us saving bond. There are three different bond series available in us saving bond which are follow.
1.series EE bonds
2. Series HH bonds 3. Series I bond
1. Series EE bond – you can buy this bond at the half value of it . but it can be bought only up to 5000$ each year. You will be happy to know that worth of these bounds will be more including interest with time and mature after 30 years. After 30 years ,bond holder will get principal plus interest. 2. you can buy this bond between 5000$ and 10000$ and can by in unlimited amounts too. After 20 years , bond holder can get only principal without any interest with this series of bond. 3. series I bond is the third series of us saving bond , it is just like series EE bond but with series Interest rate is little different in comparison with series EE bond . here I refers to inflation. I would like to say in other words that the actual interest rate of series I bond keeps pace with semi annual inflation rate . face value for this bond is 5000$ per year . ultimately, I would like to say that us saving bond is one of best saving bonds . |
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