A $100 Series EE savings bond issued in 2003 is worth $111.12 to $117.80 in November 2026, and a $50 bond $55.56 to $58.90, by issue month.
January to May issues are worth more than June to December issues, because the 20-year original maturity starts with June 2003 bonds. All earn interest until January 1 to December 1, 2033.
The values come from Treasury's Savings Bonds Value Files for redemption month November 2026. They change on the 1st of each month.
Values for November 2026
How Much Is a 2003 Series EE Savings Bond Worth in November 2026?
A 2003 paper Series EE savings bond is worth $55.56 (a $50 bond issued December 2003) to $11,780.00 (a $10,000 bond issued January 2003) in November 2026.
Paper EE bonds sold for half of face value, the amount printed on the bond, and each is worth at least face since original maturity in 2020 or 2023 (31 CFR 351.32(b)).
The rules of Series EE savings bonds cover each issue period.
Table 1: What a 2003 paper Series EE savings bond is worth in November 2026, by issue month and face value
| Issue month | $50 | $75 | $100 | $200 | $500 | $1,000 | $5,000 | $10,000 | Stops earning |
|---|---|---|---|---|---|---|---|---|---|
| January 2003 | $58.90 | $88.35 | $117.80 | $235.60 | $589.00 | $1,178.00 | $5,890.00 | $11,780.00 | Jan 1, 2033 |
| February 2003 | $58.74 | $88.11 | $117.48 | $234.96 | $587.40 | $1,174.80 | $5,874.00 | $11,748.00 | Feb 1, 2033 |
| March 2003 | $58.56 | $87.84 | $117.12 | $234.24 | $585.60 | $1,171.20 | $5,856.00 | $11,712.00 | Mar 1, 2033 |
| April 2003 | $58.40 | $87.60 | $116.80 | $233.60 | $584.00 | $1,168.00 | $5,840.00 | $11,680.00 | Apr 1, 2033 |
| May 2003 | $58.78 | $88.17 | $117.56 | $235.12 | $587.80 | $1,175.60 | $5,878.00 | $11,756.00 | May 1, 2033 |
| June 2003 | $56.50 | $84.75 | $113.00 | $226.00 | $565.00 | $1,130.00 | $5,650.00 | $11,300.00 | Jun 1, 2033 |
| July 2003 | $56.34 | $84.51 | $112.68 | $225.36 | $563.40 | $1,126.80 | $5,634.00 | $11,268.00 | Jul 1, 2033 |
| August 2003 | $56.20 | $84.30 | $112.40 | $224.80 | $562.00 | $1,124.00 | $5,620.00 | $11,240.00 | Aug 1, 2033 |
| September 2003 | $56.04 | $84.06 | $112.08 | $224.16 | $560.40 | $1,120.80 | $5,604.00 | $11,208.00 | Sep 1, 2033 |
| October 2003 | $55.88 | $83.82 | $111.76 | $223.52 | $558.80 | $1,117.60 | $5,588.00 | $11,176.00 | Oct 1, 2033 |
| November 2003 | $55.70 | $83.55 | $111.40 | $222.80 | $557.00 | $1,114.00 | $5,570.00 | $11,140.00 | Nov 1, 2033 |
| December 2003 | $55.56 | $83.34 | $111.12 | $222.24 | $555.60 | $1,111.20 | $5,556.00 | $11,112.00 | Dec 1, 2033 |
Notes: From June 2003, original maturity is 20 years instead of 17 (31 CFR 351.29). The table shows every paper EE face value in 31 CFR 351.40; your bond's face value is printed on it. Every 2003 issue month includes bonds with the Patriot Bond inscription, which have the same value (2003 Patriot Bond value). Electronic EE bonds are not priced here.
Source: Bureau of the Fiscal Service, Savings Bonds Value Files (Fiscal Data, dataset 015-BFS-2014Q3-094, updated November 2, 2026), redemption month November 2026. Values for each face value are the file's $25-unit value times the face value divided by 25.
How Much Is a $50 or $100 Savings Bond From 2003 Worth?
A $100 savings bond from 2003 is worth $111.12 to $117.80 in November 2026, and a $50 bond $55.56 to $58.90. January to May issues run $116.80 to $117.80 per $100 and June to December issues $111.12 to $113.00. A $100 January 2003 bond cost $50 and holds $67.80 of interest.
When 2003 EE Bonds Stop Earning Interest in 2033
Every 2003 Series EE bond stops earning interest between January 1 and December 1, 2033, 30 years after its issue month (final maturity, 31 CFR 351.5, eCFR).
- January 2003 issues: January 1, 2033
- December 2003 issues: December 1, 2033
- After final maturity: value fixed, no deadline to cash (EO 13968, 85 FR 83745)
The rules on when savings bonds stop earning interest differ by series. Treasury has not published 2033 values.
2003 Bonds With the "Patriot Bond" Inscription
Any 2003 EE bond may carry the "Patriot Bond" inscription, because every 2003 issue month falls inside the Patriot Bond period of December 2001 to December 2011. Patriot Bonds have the same terms and value as any EE bond of the month: $111.12 to $117.80 per $100 in November 2026, June split included.
Why a June 2003 EE Bond Is Worth Less Than a May 2003 Bond
A June 2003 EE bond is worth less than a May 2003 bond because bonds issued from June 1, 2003 reach original maturity after 20 years instead of 17 (31 CFR 351.29).
In November 2026 a $100 May bond is worth $117.56 and a June bond $113.00, which is $4.56 apart. Original maturity is the date a bond is first guaranteed at least face value.
Table 2: The two splits inside 2003
| Issue months | $100 value, November 2026 | Original maturity (at least face) | Minimum holding period | Final maturity |
|---|---|---|---|---|
| January 2003 | $117.80 | 17 years: January 1, 2020 | 6 months | January 1, 2033 |
| February to May 2003 | $116.80 to $117.56 | 17 years: February to May 2020 | 12 months | February to May 2033 |
| June to December 2003 | $111.12 to $113.00 | 20 years: June to December 2023 | 12 months | June to December 2033 |
Source: Bureau of the Fiscal Service, Savings Bonds Value Files (Fiscal Data, dataset 015-BFS-2014Q3-094, updated November 2, 2026), redemption month November 2026. Values for each face value are the file's $25-unit value times the face value divided by 25. Rules: 31 CFR 351.29 (original maturity), 351.6 (holding period; 68 FR 2666 as corrected by 68 FR 7427).
Original Maturity at 17 Years (2020) or 20 Years (2023)
January to May 2003 bonds reached original maturity after 17 years, in 2020, and June to December 2003 bonds after 20 years, in 2023, each then worth at least face for paper, not twice its face (31 CFR 351.29, 351.32(b)).
An electronic EE bond is guaranteed at least double its price: "This is true for any EE bond bought as far back as June 2003" (TreasuryDirect).
Which EE Rules Apply to 2003 Bonds?
Every 2003 EE bond follows the rules Treasury set for EE bonds issued May 1997 through April 2005, with two splits inside the year: original maturity (above) and the minimum holding period.
January 2003 issues kept 6 months; February 2003 and later issues need 12 months (31 CFR 351.6; 68 FR 2666, January 17, 2003, corrected by 68 FR 7427, effective February 1, 2003).
Table 3: The EE rules shared by every 2003 bond
| Attribute | 2003 Series EE bonds |
|---|---|
| Rules (TreasuryDirect page) | EE bonds issued May 1997 through April 2005 |
| Price (paper) | Half of face ($50 for a $100 bond) |
| How interest is set | 90% of the 6-month average of 5-year Treasury yields, reset May 1 and November 1, applied from each bond's next 6-month period; no fixed rate |
| When interest is added | Monthly, compounded semiannually |
| Original maturity | 17 or 20 years (Table 2); at least double the price (face, for paper) |
| Extension | To 30 years; "we use the same method unless we announce a different method" (TreasuryDirect) |
| Final maturity; holding period | January 1 to December 1, 2033; 6 or 12 months (Table 2), long past |
| 3-month early-cash penalty (under 5 years) | Applies to EE issued from May 1, 1997; no 2003 bond is under 5 years, and Treasury's values already include it |
| Rates announced in 2003 | 2.66% (periods starting on or after May 1, 2003); 2.61% (on or after November 1, 2003) |
| Rate for 6-month periods starting on or after November 1, 2026 | 4.02% |
| Regulation | 31 CFR 351.29 to 351.33; 351.6 |
Sources: TreasuryDirect "May 1997 through April 2005" page (November 11, 2026); 31 CFR Part 351 (eCFR, November 9, 2026); 68 FR 2666, 68 FR 7427.
Both periods ended long ago; the rules on when you can cash savings bonds cover the 12-month lock.
What Interest Rate Does a 2003 EE Bond Earn?
A 2003 EE bond earns 4.02% for each 6-month period that starts on or after November 1, 2026 (TreasuryDirect). That is 90% of the 6-month average of 5-year Treasury yields (31 CFR 351.13, 351.30). Treasury announced 2.66% from May 1, 2003 and 2.61% from November 1, 2003; see savings bond interest rates by issue date.
Why January 2003 Bonds Are Worth the Most and December 2003 Bonds the Least
January 2003 bonds are worth the most ($117.80 per $100) and December 2003 bonds the least ($111.12) in November 2026, because January is the earliest month of the 17-year group and December the latest of the 20-year group. The two are $6.68 apart.
Inside each group, each later month is $0.28 to $0.36 lower. May ($117.56) is the exception, $0.76 above April, for reasons the value files do not state.
How 2003 Values Change From November 2026 to May 2027
Every 2003 EE bond gains value on the 1st of each month from November 2026 to May 2027 in Treasury's current value file.
A $100 January 2003 bond goes from $117.80 to $120.04 and a December 2003 bond from $111.12 to $113.28. Six-month gains run $1.92 (October) to $2.36 (May), and the May and June gap stays at $119.92 against $115.20.
Table 4: A $100 2003 EE bond, November 2026 to May 2027
| Issue month | Nov 2026 | Dec 2026 | Jan 2027 | Feb 2027 | Mar 2027 | Apr 2027 | May 2027 |
|---|---|---|---|---|---|---|---|
| January 2003 | $117.80 | $118.12 | $118.44 | $118.84 | $119.24 | $119.64 | $120.04 |
| April 2003 | $116.80 | $117.12 | $117.48 | $117.80 | $118.12 | $118.44 | $118.84 |
| May 2003 | $117.56 | $117.96 | $118.36 | $118.72 | $119.12 | $119.52 | $119.92 |
| June 2003 | $113.00 | $113.32 | $113.68 | $114.08 | $114.44 | $114.84 | $115.20 |
| November 2003 | $111.40 | $111.76 | $112.16 | $112.52 | $112.88 | $113.28 | $113.64 |
| December 2003 | $111.12 | $111.40 | $111.76 | $112.16 | $112.52 | $112.88 | $113.28 |
Source: Bureau of the Fiscal Service, Savings Bonds Value Files (Fiscal Data, dataset 015-BFS-2014Q3-094, updated November 2, 2026), redemption month November 2026. Values for each face value are the file's $25-unit value times the face value divided by 25. Later months are Treasury's scheduled values in the same file. Rates for periods starting after April 2027 are not yet announced.
How to Find the Exact Value of Your 2003 Savings Bond
Treasury prices a 2003 EE bond by its series, face value and issue month; the serial number is not needed. Our savings bond calculator, built on Treasury's published value files, uses them.
- Check the series: EE, or I.
- Read the issue date on a paper savings bond; May or June 2003 matters.
- Read the face value.
- Find the row and column in Table 1.
- Check the as-of month.
TreasuryDirect's calculator is Treasury's free tool. A paper bond bought at face value in 2003 is Series I, not in Table 1. Its fixed rate was 1.60% (January to April 2003 issues) or 1.10% (May to December).
A 2003 EE bond can also be electronic. TreasuryDirect has sold electronic EE bonds at face value since 2002 (76 FR 66855; 31 CFR 351.61), and their value appears only in the owner's account (ID.me login since October 28, 2026). See electronic savings bonds in TreasuryDirect.
How 2003 Values Compare With 2002 and 2004 Issues
2003 values meet their neighbors at both ends of the year. January 2003 ($117.80 per $100) sits just below December 2002 ($118.12), and December 2003 ($111.12) just above January 2004 ($110.80), in November 2026. Bonds from 2002 stop earning in 2032 and from 2004 in 2034.
Table 5: A $100 EE bond issued 2002 to 2004, November 2026
| Issue months | $100 value, November 2026 | Status | Year page |
|---|---|---|---|
| January to December 2002 | $118.12 to $120.68 | Earns until January to December 2032; original maturity 17 years (2019) | 2002 |
| December 2002 | $118.12 | Earns until December 1, 2032 | 2002, above |
| January 2003 | $117.80 | Earns until January 1, 2033 | This page |
| December 2003 | $111.12 | Earns until December 1, 2033 | This page |
| January 2004 | $110.80 | Earns until January 1, 2034 | 2004, below |
| January to December 2004 | $107.00 to $110.80 | Earns until January to December 2034; original maturity 20 years (2024) | 2004 |
Source: Bureau of the Fiscal Service, Savings Bonds Value Files (Fiscal Data, dataset 015-BFS-2014Q3-094, updated November 2, 2026), redemption month November 2026. Values for each face value are the file's $25-unit value times the face value divided by 25.
Cashing a 2003 Savings Bond and Reporting Its Interest
A 2003 paper EE bond is cashed at a bank that redeems savings bonds or by mail with FS Form 1522, and Treasury charges no fee. The forms are free; see how to cash savings bonds. Banks may cash paper bonds but need not (FS Publication 0022, Rev. October 2022).
FS Form 1522 (Revised April 2026, PDF from TreasuryDirect) needs no signature certification up to $1,000 in total, such as one $500 bond ($555.60 to $589.00). Above that, such as one $1,000 bond ($1,111.20 to $1,178.00), a notary or certifying officer certifies your signature.
Mail it to Treasury Retail Securities Services, P.O. Box 9150, Minneapolis, MN 55480-9150. Payment takes three months or longer (TreasuryDirect, November 11, 2026); see cash by mail with FS Form 1522.
Tax Year 2033: When Interest on a 2003 Bond Is Reportable
Interest on a 2003 bond that is never cashed is reportable for tax year 2033, the year of its final maturity, unless the owner reports it yearly (26 CFR 1.454-1(a)(1); IRS Publication 550).
If you cash it earlier, or have it reissued to another person, that earlier year applies. Interest is the value minus the price, $67.80 on a $100 January 2003 bond cashed in November 2026; see federal tax on savings bond interest.
State and local income tax does not apply (31 U.S.C. 3124(a)). Payers report $10 or more on Form 1099-INT for savings bonds.
Education costs can exclude interest on Form 8815 (IRC 135) for EE bonds issued after 1989 to owners at least 24 at issue (education savings bond program); the 2026 phase-out is $101,800 to $116,800 single and $152,650 to $182,650 joint. Ask a tax professional about your case.
Lost, Found or Inherited 2003 Bonds, and 2003 I and HH Bonds
A lost 2003 bond is claimed with FS Form 1048 (Revised March 2026), and from 2039 the claim needs the serial number (31 CFR 353.29(c); the year is our calculation). Use the FS Form 1048 claim for lost savings bonds.
A bond passes to the surviving "OR" co-owner or POD beneficiary, else the estate (31 CFR 353.70); see savings bonds after death or found old savings bonds.
A paper I bond from 2003 earns until 2033 (31 CFR 359.5; our calculation); see Series I savings bonds. A 2003 bond paying interest every 6 months is Series HH, which stopped in 2023 (our calculation); see Series HH savings bonds.
Other Issue Years and Face Values
Value tables for other issue years and face values follow; 2002 issues run $118.12 to $120.68 per $100 and 2004 issues $107.00 to $110.80 in November 2026.
- 2002 Series EE savings bond value
- 2004 Series EE savings bond value
- 2005 Series EE savings bond value
- $50 savings bond worth (all years)
- $100 savings bond worth (all years)
- $1,000 savings bond worth (all years)
- Banks that cash savings bonds
2003 Savings Bond FAQ
How much is a $100 savings bond from 2003 worth after 30 years?
A $100 savings bond from 2003 reaches 30 years in 2033, and its final value is not in Treasury's value files yet. It is worth $111.12 to $117.80 in November 2026. A 30-year bond keeps its final value and never expires.
Did 2003 EE bonds double in value after 20 years?
2003 EE bonds reached at least twice their price (face, for paper) after 17 years for January to May issues (2020) and 20 years for June to December issues (2023), not twice their face. See when savings bonds mature.
How much would a savings bond be worth from 2008?
A $100 Series EE bond from 2008 is worth $63.00 to $87.64 in November 2026, below face until 20 years in 2028 (31 CFR 351.35(f)(1)); a $50 bond $31.50 to $43.82. See a bond worth from 2008.
When did banks stop selling savings bonds?
Banks stopped selling paper savings bonds on January 1, 2012 (76 FR 66855). New EE and I bonds are electronic, through TreasuryDirect. See the banks that cash savings bonds.
How much is a $50 Series EE bond worth today?
A $50 Series EE bond is worth $27.38 (December 2011 issue) to $167.40 (May to October 1980 issues) in November 2026; a 2003 $50 bond $55.56 to $58.90. See the $50 savings bond worth.
Claiming from Treasury and from state programs costs nothing, and the forms are free. Found bonds you cannot cash, or a relative's bonds? ClaimMyBonds is a private company, not the government; we can help with the paperwork, tracing and follow-up.