They earn that interest for the first 20 years. Since May 2005, new EE bonds earn a fixed rate of interest that is set when you buy the bond. Thus, your bond's value grows both because it earns interest and because the principal gets bigger. The new principal is the sum of the prior principal and the interest earned in the previous 6 months. Interest is compounded semiannually, meaning that every 6 months we apply the bond’s interest rate to a new principal. How does an EE bond for sale today earn interest? Everything about EE bonds applies to these Patriot Bonds. They were a special edition to fund anti-terrorism. Some paper EE bonds that we sold between 20 say "Patriot Bond" on them. You may own a paper EE bond that we issued between 19. You must have a TreasuryDirect account to buy and manage new EE bonds. EE bonds at a glance Electronic or paper?
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