TREASURY SECURITIES & PROGRAMS

Series HH Savings Bonds

Notices:

  • We no longer offer Series HH savings bonds, but some we issued in the past haven't matured and are still paying interest.
  • Before Series HH savings bonds, we issued Series H savings bonds. All H bonds have matured.

HH bonds pay interest every six months. The value of the bond doesn't change. You paid face value to buy the bond and we pay you face value when you cash the bond.

  • Learn more in HH 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.
at a glance
Current Rate: 1.5%
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 or Series E bonds or upon reinvestment of matured Series H bonds.
  • You paid face amount; i.e., a $500 HH bond sold for $500.
  • The interest rate of an HH bond was set on the day it was purchased and remained that rate for 10 years. After 10 years the rate could have been changed.

Redemption Information

  • Minimum term of ownership: 6 months
  • Interest-earning period: 20 years or until you cash them, whichever comes first

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.
  • Also, you may owe tax on deferred interest.

HH Bond-related FAQs

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