I have a $50 Patriot bond and I've held it for 20 years. I'm wondering what the current value of this bond is, considering the duration it has been in my possession.
6 answers
KimonoSerenity
Wed Oct 30 2024
The Patriot Bond offers a unique guarantee after a period of 20 years.
MysticEchoFirefly
Wed Oct 30 2024
The bond not only guarantees its face value but also has the potential to continue accruing interest.
Giuseppe
Wed Oct 30 2024
This guarantee ensures that the bond will be worth at least its face value at this point.
KimchiChic
Wed Oct 30 2024
After the initial 20-year period, the Patriot Bond can continue to generate interest for up to an additional 10 years.
Maria
Wed Oct 30 2024
For instance, if you purchase a $50 Patriot Bond for $25, it will be worth at least $50 after 20 years.