FlyerTalk Forums - View Single Post - Problem using AMEX for US Savings Bonds

Jul 30, 2002 | 3:38 pm

#41

softwaremaker

Join Date: Jul 2002

Location: Sunnyvale, CA

Posts: 12

Question: If I buy a EE bond with a face value of $5,000 for a purchase price of $2500, how is the interest on this bond calculated?

Is it based on the face value (3.96% * $5,000) or is it based on the purchase price?

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