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Savings-Bonds-Alert: Jan 93 HH Bonds

Tuesday, December 07, 2004

Jan 93 HH Bonds

What is the interest rate on Series HH bonds issued in January of 1993? Tom's response January 93 HH bonds earned 4% for 10 years. In January 2003 they entered what the Treasury calls a new maturity period. At that time the rate for HH bonds entering new maturity periods was 1.5%. That's what they'll earn until they stop paying any interest at all in Jan 2013. My book, Savings Bond Alert, has a chapter on why 1.5% HH bonds are a bad choice for almost everyone. The book explains how to check out whether you should exchange your 1.5% HH bonds for regular savings bonds, which are the better after-tax deal for most people.


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