Series HH Bond

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Dictionary Says

Definition of 'Series HH Bond'

A 20-year non-marketable U.S. government savings bond that pays semi-annual interest based on a coupon rate. This coupon is locked in at a fixed rate for the first 10 years, after which it is reset by the U.S. Treasury for the rest of the bond's life. Interest on Series HH bonds is exempt from state and local - but not federal - taxes.
Investopedia Says

Investopedia explains 'Series HH Bond'

Series HH bonds were no longer available for purchase or exchange as of August 31, 2004. 
Denominations were available in amounts ranging from $500 to $10,000 with no capital appreciation potential, but early redemption and exchange options after six months. 

For many current HH bondholders, once the 10-year locked in rate expired, the coupon rate would fall as low as 1.5%. Investors should calculate the real return being earned to determine whether holding onto these bonds is the wisest choice or if the money received in redeeming the bonds could be put to better use in higher yield securities.

 
Search results for

'Series HH Bond'

  • Series 6 Study Guide - Investment Securities - Agency Issues and ...

    http://www.investopedia.com/exam-guide/finra-series-6/investment-securities/agency-issues-us-united-states-savings-bonds.asp
    ... EE and HH bonds is federally taxable but free of state and local taxes. Taxes on
    the interest of Series EE bonds can be deferred until the bond matures or is ...

  • Taxation Rules For Bond Investors

    http://www.investopedia.com/articles/tax/08/bond-tax.asp
    ... is divided equally among the number of years to maturity and taxed as interest,
    just as any other original issue discount bond. ... Series H and HH bonds pay ...

  • The History Of The T-Bill Auction

    http://www.investopedia.com/articles/bonds/10/history-t-bill-auction.asp
    ... For a review on bond fundamentals, refer to How Bond Market Pricing ... signed the Baby
    Bonds Bill that would later allow the government to issue Series HH, EE and ...

  • CFP Study Guide - Financial Planning: Process and Rules ...

    http://www.investopedia.com/exam-guide/cfp/financial-planning-process-rules/default.asp
    ... 25.6 Series H, HH and I; 25.7 Mortgage-Backed Securities; 25.8 Zero-Coupon and
    Municipal Bonds; 25.9 Types of Municipal Bonds; 25.10 Corporate Bond; 25.11 ...

  • CFP Study Guide - Principles of Risk and Insurance - Introduction ...

    http://www.investopedia.com/exam-guide/cfp/principles-of-risk-and-insurance/default.asp
    ... 25.6 Series H, HH and I; 25.7 Mortgage-Backed Securities; 25.8 Zero-Coupon and
    Municipal Bonds; 25.9 Types of Municipal Bonds; 25.10 Corporate Bond; 25.11 ...

  • CFP Study Guide - Principles of Risk and Insurance - The Risk ...

    http://www.investopedia.com/exam-guide/cfp/principles-of-risk-and-insurance/cfp2.asp
    ... 25.6 Series H, HH and I; 25.7 Mortgage-Backed Securities; 25.8 Zero-Coupon and
    Municipal Bonds; 25.9 Types of Municipal Bonds; 25.10 Corporate Bond; 25.11 ...

  • CFP Study Guide - Property, Casualty and Liability Insurance ...

    http://www.investopedia.com/exam-guide/cfp/property-casualty-liability-insurance/default.asp
    ... 25.6 Series H, HH and I; 25.7 Mortgage-Backed Securities; 25.8 Zero-Coupon and
    Municipal Bonds; 25.9 Types of Municipal Bonds; 25.10 Corporate Bond; 25.11 ...

  • CFP Study Guide - Property, Casualty and Liability Insurance ...

    http://www.investopedia.com/exam-guide/cfp/property-casualty-liability-insurance/cfp4.asp
    ... 25.6 Series H, HH and I; 25.7 Mortgage-Backed Securities; 25.8 Zero-Coupon and
    Municipal Bonds; 25.9 Types of Municipal Bonds; 25.10 Corporate Bond; 25.11 ...

  • Spoil Your Grandkids, Cut Your Tax Bill

    http://www.investopedia.com/articles/tax/09/cutting-taxes-with-college-costs.asp
    ... this program, while Series H and HH bonds are not. However, several conditions must
    be met in order for this exemption to apply. Any eligible bond must have ...

  • Breaking Down The Fed Model

    http://www.investopedia.com/articles/stocks/08/fed-model.asp
    ... of 1978; July 22, 1997 http://www.federalreserve.gov/boarddocs/hh/1997/july ... Grenfell
    published several research reports further analyzing this bond yield/stock ...

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