How to Determine the Maturity of a Government Bond
Government bonds are considered to be one of the safest investments in the world and purchasing them can provide you with a low risk way to earn a return on your investment. Once you purchase a savings bond, you may be interested in finding out the maturity date of the bond. This way, you can plan your investments out accordingly. You could figure this out by using some simple calculations on your own or by using a savings bond calculator.
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Instructions
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Visit the United States Treasury website. On the website, you will find a savings bond calculator.
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Enter the information from your savings bond into the calculator. This includes entering the series as well as the denomination, serial number and issue date. You do not necessarily have to enter the serial number to determine the maturity date.
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Click on the "Calculate" button.
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Look at the results provided by the calculator. In one of the columns, you will see the "Final Maturity Date" of the bond. This tells you when the savings bond will stop earning interest from the government.
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Calculate the maturity date on your own. Each series of bonds has a specific amount of time until it matures. For example, bonds issued after May of 2005 mature in 30 years. To calculate the maturity date, simply find the issue date on your bond and add 30 years.
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Tips & Warnings
You do not have to wait until maturity to cash out your savings bonds. If you need money sooner, you do have the option of cashing them out. If you cash them out within five years of purchase, you will forfeit three months worth of interest.
