Series EE Savings Bonds

As of January 1, 2012, paper savings bonds are no longer sold at financial institutions. This action supports Treasury’s goal to increase the number of electronic transactions with citizens and businesses. See the press release.

Series EE savings bonds are low-risk savings products that pay interest for up to 30 years. You may purchase EE bonds in electronic form via TreasuryDirect. We no longer issue EE bonds in paper form. As a TreasuryDirect account holder, you can purchase, manage, and redeem EE bonds directly from your web browser.

Use EE bonds to:

  • Finance education
  • Supplement retirement income
  • Give as a gift
at a glance
Current Rate:  0.10% through April 30, 2016 (fixed rate)
Minimum purchase: $25 for a $25 EE bond when purchased electronically via TreasuryDirect
Maximum Purchase
(per calendar year):
$10,000 in TreasuryDirect
Denominations: Electronic bonds via TreasuryDirect: purchase to the penny for $25 or more
Issue Method: Electronic issue in TreasuryDirect accounts

Rates & Terms

  • Series EE bonds issued May 2005 and after earn a fixed rate of interest.
  • EE bonds purchased between May 1997 and April 30, 2005, earn a variable rate of interest.
  • Interest is added to an EE bond monthly and paid when you cash the bond.
  • Paper bonds were sold at half the face value; i.e., you paid $25 for a $50 bond.
  • Electronic bonds purchased via TreasuryDirect are sold at face value; i.e., you pay $25 for a $25 bond.

Redemption Information

  • Minimum term of ownership: 1 year
  • Interest-earning period: 30 years
  • Early redemption penalties:
    • Before 5 years, forfeit 3 most recent months' interest
    • After 5 years, no penalty

Tax Considerations

  • Savings bonds are exempt from taxation by any State or political subdivision of a State, except for estate or inheritance taxes.
  • Interest earnings are subject to Federal income tax.
  • Interest earnings may be excluded from Federal income tax when bonds are used to finance education (see education tax exclusions). Restrictions apply.

EE Bond-Related FAQs

  • How do market rates affect EE bonds?
  • Is my EE bond eligible for the Education Tax Exclusion?

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