Just below this may be preferred shares of a company, which usually pay a fixed dividend (and therefore do not participate in a company’s profit growth) and usually have no maturity date.
The demise of the fund is sure to renew fears that less liquidity in the corporate bond market will cause more volatility, especially as the Federal Reserve leans toward raising interest rates next week for the first time in a decade.
You can cash paper EE and E bonds at some local financial institutions.
Information for special circumstances: For instructions, please see FS Publication 0105 (download or order).
Redemptions are comprised of principal and interest.
(In a partial redemption, we pay interest only on the partial amount you redeem.) For paper bonds, there’s no general limit to the total value you may redeem in a single transaction; however, banks have varying policies on how much they will redeem in one transaction and some banks may have a policy to not redeem savings bonds at all.