Electronic Series EE and Series I bonds are always issued at their full face value. As interest accrues, the bond's value is the face value plus the accrued
interest. Unlike paper bonds, there are no set denominations for electronic Series
EE and Series I bonds. A person can purchase a bond in any amount between $25 and
$10,000. It is not possible to verify an electronic bond's current value using the
Treasury's online “Savings Bond Calculator” or the Table of Redemption Values. To
determine the value of an electronic bond:
Ask the individual to print out his or her “Current Holdings” list from the Treasury Direct web site. Verify the total current value of the electronic bonds using the Current Holdings
Use the “Current Holdings—Summary” page to verify the number of bonds, face value
of the bonds, issue dates, confirmation numbers, and the value of individual bonds.
If the individual alleges he or she cannot obtain the Current Holding list because
he or she has lost the password or account number, the individual must contact Treasury
to retrieve them.
NOTE: Treasury protects the Current Holdings list by password, account number, and other
authentication information, so only the account holder can access this information.
If the owner of the bond is also the purchaser, he or she only needs his or her TreasuryDirect
account number, password, and other access authentication information to access the
account and retrieve the Current Holdings list.
EXAMPLE: Mr. Johnson purchases an electronic Series EE savings bond for $457.32. The face
value of that bond is $457.32 and interest will accrue on that amount. To verify ownership
and value of the bond, the claims representative (CR) asks Mr. Johnson to obtain his
Current Holdings list and Current Holdings Summary on the TreasuryDirect web site.
From the Current Holdings Summary, the claims representative verifies the face value
as $457.32 and that, with accrued interest, the current value of the bond is $491.50.
The CR documents $491.50 as the countable resource value for SSI purposes.