WALL STREET LINGO Thousands of Investment Terms Explained Simply by Nora Peterson
Author:Nora Peterson
Language: eng
Format: epub
Tags: wall street, terms, investor, stockbroker, stock market terms, jargon, lingo, investments, language, definitions, acronyms
Publisher: Atlantic Publishing Group
Published: 2013-09-19T00:00:00+00:00
Series EE Paper Bonds*
Series EE Electronic Bonds and I Bonds*
Sold at a 50 percent discount to face value
You pay $25 for a $50 bond
Sold at face value
You pay $50 for a $50 bond
Denominations Available
Purchase in any denomination of $25 or more, to the penny, $49.99
$25
$100
$1,000
$50
$200
$5,000
$75
$500
$10,000
*$30,000 maximum purchase in one calendar year.
Both Series EE and āIā bonds are accrual bonds, meaning that the interest is paid at redemption rather than in periodic installments. The interest compounds semi-annually.
There is a one-year holding period before either can be redeemed and both Series EE and āIā bonds held less than five years are subject to a three-month interest penalty.
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