HH/H Savings Bonds


  • As of September 1, 2004, investors are no longer able to reinvest HH/H bonds or exchange EE/E bonds for HH bonds.

Unlike EE bonds, HH bonds are current-income securities. You paid face value, and receive interest payments by direct deposit to your checking or savings account every 6 months until maturity or redemption.

Use HH bonds to:

  • Supplement retirement income
  • Learn more in HH/H Savings Bonds in Depth
  • For service, you may call 844-284-2676 (toll free) and speak with a customer service representative. Representatives are available from 8 a.m. to 6 p.m. Eastern Time, Monday through Friday, except holidays. (We discontinued Internet Services for HH/H Savings Bonds.)
at a glance
Current Rate: 1.5% (as of January 2003)
Minimum purchase: NA
Maximum Purchase: NA
Denominations: Were sold at face value. $500, $1,000, $5,000, $10,000
Issue Method: Paper bond certificates

Rates & Terms

  • HH bonds were available only in exchange for Series EE/E bonds or upon reinvestment of matured Series H bonds.
  • You paid face amount; i.e., a $500 HH bond sold for $500.
  • HH/H bonds pay a fixed interest rate set on the day the bond was purchased.
  • The interest rate changes to the current HH Bond rate on the tenth anniversary of the issue date.

Redemption Information

  • Minimum term of ownership: 6 months
  • Interest-earning period: 20 years

Tax Considerations

  • Interest earnings are exempt from State and local income taxes but are subject to Federal, State, and local estate, inheritance, gift, and other excise taxes.
  • Interest earnings are subject to Federal income tax.

HH/H Bond-related FAQs

  • When is interest earned on my HH/H bonds?
  • Do I have to pay taxes on my interest earnings?
  • How do I purchase an HH bond?

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