Patriot Bonds are Series EE savings bonds, which are specially inscribed with the words "Patriot Bond." The Patriot Bond series will begin December 11, 2001. Bonds increase in value every month, and interest is compounded semiannually. You can cash your bond after six months. Bonds cashed before they are five years old are subject to a 3-month interest penalty.
In 30 years time, a $50 Patriot Bond will be worth about $103.68. This is because the bond earns interest over the years for up to 30 years.
The value of a 50 Series EE Patriot bond depends on the denomination of the bond, as well as its maturity date and current interest rate. You can check the value of the bond on the U.S. Department of the Treasury's Savings Bond Calculator website using the bond's serial number.
A fifty-dollar patriot bond that is ten years old typically has a fixed interest rate and accrues interest over time. However, the actual value depends on the specific terms of the bond, including the interest rate and whether it has matured. Generally, if the bond has reached maturity, its worth would be the face value plus any accumulated interest. If it hasn't matured, its value would be less than the face value, depending on the interest earned.
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With the newly revised PATRIOT ACT, technically they can hold someone indefinitely if they believe or have reason to believe that they are involved in subversive activity.