Bureau Of The Public Debt Announces Series EE Savings Bond Rate For May Through October 2001
FOR IMMEDIATE RELEASE
May 1, 2001
The Bureau of the Public Debt announced today the rate for Series EE savings bonds issued on or after May 1, 1997.
SERIES EE SAVINGS BOND RATE: 4.50%
The 4.50 percent Series EE savings bond rate is in effect for bonds issued on or after May 1, 1997, that enter semiannual earnings periods from May through October 2001. The rate is 90 percent of the average 5-year Treasury securities yields for the preceding six months. A new interest rate is announced effective each May 1 and November 1. A 3-month interest penalty is applied to these bonds if redeemed before five years. The Series EE bonds on sale now increase in value monthly. The bond's interest rate is compounded semiannually.
SERIES EE BONDS ISSUED BEFORE MAY 1997
The 4.25 percent Long-Term Series EE savings bond rate is in effect for bonds issued from May 1995 through October 1996 as they enter semiannual earnings periods from May through October 2001. The 3.77 percent Short-Term Series EE savings bond rate is in effect for bonds issued from November 1996 through April 1997 for bonds that enter semiannual earnings periods from May through October 2001. See the Earnings Report for earnings on Series EE bonds issued from January 1980.
MATURED SERIES E SAVINGS BONDS AND SAVINGS NOTES
Series E savings bonds and Savings Notes continue to reach final maturity and stop earning interest. Bonds issued from May 1941 through April 1961, along with those issued from December 1965 through April 1971, have stopped earning interest. Savings Notes issued from May 1967 through April 1970 have stopped earning interest. Bonds and Notes with issue dates shown here will reach final maturity in the next six months.
|Bond/Note Issue Dates||Bonds/Notes Stop Earning Interest|
|May 1961 through October 1961||May 2001 through October 2001|
|May 1971 through October 1971||May 2001 through October 2001|
Information about savings bonds is available at Public Debt's website at www.savingsbonds.gov.Buy bonds online, and check out our new Savings Bond Calculator to see how easy it is to find out what your bonds are worth, what they're earning, and even keep track of them. Or, download the free Savings Bond Wizard to keep track of your savings bond portfolio. The Earnings Report, which contains rate and yield information for bonds is available by mail. Send a postcard asking for “Earnings Report” to Bureau of the Public Debt, 200 Third Street, Parkersburg, WV 26106-1328.