Series HH bonds are sold in amounts from $500 to $10,000. They may be redeemed after only six months, and their interest is exempt from state and local taxes. The interest rate at the time of purchase is locked in for the first 10 years that the bond is held. After ten years, HH bonds enter extended maturity and the new interest rate is determined by the rate assigned to new bonds issued at that time.
Related information about Series HH bond:
- Series HH Bond Definition | Investopedia
A 20-year non-marketable U.S. government savings bond that pays semi-annual interest based on a coupon rate. This coupon is locked in at a fixed rate for the ...
- Inherited Series HH bond could trigger tax
Feb 6, 2009 ... A woman who inherited a Series HH bond from her aunt is likely to owe taxes on deferred interest.
- Series HH Savings Bonds - A Guide to Owning and Investing in ...
Interest rates reset on the tenth anniversary of the Series HH bond's issue date. Series HH savings bonds reach maturity and stop earning interest income ...
- HH Savings Bonds - Series HH Savings Bonds - Maturity - Rates ...
If a Series HH bond is redeemed before final maturity, interest ceases as of the end of the interest period preceding the date of redemption. If the redemption ...
- What is Series HH bond? definition and meaning
Definition of Series HH bond: Series HH bonds are sold in amounts from $500 to $10000. They may be redeemed after only six months, and their interest is ...
- Series HH Bond - Financial Dictionary - The Free Dictionary
In the United States, a formerly-issued savings bond, exempt from state and local taxes, with an interest rate fixed for 10 years. These bonds paid par upon ...
- Savings Bond Options: Patriot Bonds, Series HH, and Series I - For ...
Series HH: A Series HH bond pays interest directly to your account at a financial institution every six months. These bonds have fixed interest rates for 10 years ...
- Series HH Bond: Definition from Answers.com
U.S. government bond formerly available in denominations of $500 to $10000 in exchange for Series E or EE bonds.