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Strategies & Market Trends : LastShadow's Position Trading

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To: LastShadow who wrote (26892)12/12/1999 10:50:00 AM
From: AlienTech  Read Replies (1) of 43080
 
>>Not a US Savings Bond, Alien. If you are buying/trading corporate bonds through E*Trade or the like, then what the clerk told you is correct. however, if you are buying US Savings Bonds, then say you got a $50k bond (Maturity value) for $37.5k, and decide to redeem it in a few years instead of waiting the full term, then you would get how much the bod had appreciated during that time at the rate established at the time of purchase.<<

Sorry this is confusing..

Okay so what you are saying is no matter what that US Saving bond would be worth 37.5K? plus what ever intrest it accured in the term.
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