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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: bluejeans who wrote (42866)	1/10/1999 6:06:00 PM
From: voodooist	Respond to of 132070

Bluejeans, I didn't have access to that site when I started redeeming bonds for my aunt, dating back to 1954. I noticed that the redemption amounts for her bonds didn't jump in value during the month anticipated. I received several invaluable charts from the Federal Reserve. The relevant one is titled "When to Cash Series E Savings Bonds". It indicates the "best" time to cash bonds of a given month based on the original issue date (these are ranges of dates). An example would be bonds issued from 6/1/69 to 11/1/73. Bonds purchased during this period with a Jan. date have interest credited in Nov/May. The note at the bottom states: Months listed are for Series E Bonds in extended maturity. Bonds still in first maturity have interest credited on the anniversary dates of purchase and the midpoint between anniversary dates, except for the final interest period which varies for Bonds with "odd" maturity lengths. The Fed. Reserve can send you a companion sheet "Guaranteed Minimum Rates for Series EE and E Savings Bonds and US Savings Notes. I found these two reference pages invaluable. I have no idea if any of this is available online. I hope this helps.