Individual - The Patriot Savings Bond - patriot bond mature time


How Long Does It Take to Cash In a Patriot Bond? - Budgeting Money patriot bond mature time

Nov 21, 2018 · In the event a Patriot Bond's accrued interest does not double its worth within the 17- or 20-year time frame, the Treasury Department adjusts the value to twice the original purchase price. The bond then continues to earn its regular interest until it matures after 30 years.

Patriot Bonds mature in the same fashion as an EE savings bond, which means they earn interest every year for 30 years. So the longer you have the bond, the more it will be worth. Once the bond hits the 30-year mark, the bond stops accruing interest and reaches maturity, making it the perfect time to redeem.

Dec 06, 2018 · The Patriot Savings Bond. The Patriot Bond was sold from December 2001 to December 2011. It is a paper EE Bond with "Patriot Bond" printed on the top half of the bond between the Social Security Number and issue date.