Jon wrote back with the results of his attempt to redeem a gift certificate that’s over a decade old.
redemptions
Check For Unredeemed, Matured Government Bonds
By 6.3.09
A PR person just contacted us on behalf of the U.S. Treasury Department to point out that there are $16 billion in unredeemed bonds that are no longer earning interest. “Specifically, there are 40 million Series E savings bonds purchased between 1941 and 1978 that are over 30 years old and therefore have fully matured. They can be cashed out today for at least four times their face value.”
