UnThreaded | Threaded | Whole Thread (12) | Ignore Thread Prev | Next
Author: wcfenton Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 35357  
Subject: Re: Tracking value of savings bonds Date: 4/10/2004 3:56 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0
I recently switched from paper EE Bonds to electronic through TreasuryDirect. I assumed that the interest rate for the bonds that I purchased would be as advertised for that particular period. Recently, they have advertised 2.61%. I didn't notice the "Market-Based Rate" part of the program. So...I have two questions:

1)What, specifically, does "Market-Based Rate" mean?

2)Will the bonds I purchased maintain the same interest rate throughout their interest bearing period (30 years) or does it change according to current market conditions?

I'm a little embarrassed by not looking futher into this before jumping into the program.

TIA,
Bill

Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (12) | Ignore Thread Prev | Next

Announcements

Post of the Day:
TMFDeej's CAPS Blog

Activist Investors Unlocking Value at LSB Industries?
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement