How to Calculate the Value of an EE Bond

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EE bonds are government sponsored savings certificates. They can be purchased at banks, from the U.S. Treasury at treasurydirect.com and through payroll savings plans. Paper EE bonds are sold at a cost of half the face amount, meaning a $50 bond initially cost $25. Bonds issued after April, 2005 have interest added every month. Earlier bonds earn interest twice a year. The current value of an EE bond cannot be calculated by hand.

  • Go to the savings bond calculator on the U.S. Treasury website at treasurydirect.com.

  • Select the denomination or face amount of the EE bond using the pull down menu. This is the value printed on the bond, not the cost.

  • Enter the serial number and issue date of the bond in the appropriate boxes on the calculator. A bond's serial number is in the lower right corner of the bond.

  • Click on the blue "Calculate" button below the calculator data box. The current value of the bond will be immediately listed.

Tips & Warnings

  • The Treasury Direct website will let you store your EE bond information as a personal inventory. Then you can easily check the value of the bonds at any time.
  • The bond value will be less than the denomination unless the bond is very old. EE bonds are sold at a discount and accumulate interest until they reach the face amount.
  • Bond cashed less than one year after issue will forfeit all interest earned.
  • Bonds cashed in the first five years after issue will lose three months worth of interest.

References

  • Photo Credit savings bonds image by Stephen VanHorn from Fotolia.com
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