Legal Question in Investment Law in North Carolina
Zero Coupin Bonds
Who can I contact to redeem zero coupon bonds purchased around 1986? These were purchased when I lived in Maine.
Asked on 2/14/09, 11:25 am
1 Answer from Attorneys
Warren Markowitz
Warren R. Markowitz, Esq
Re: Zero Coupin Bonds
If you are referring to US Treasury Zero Coupon Bonds then you can contact the Treasury Department directly and they can tell you where to send the certificates for payment.
If the bonds are being held in a brokerage account, then they should automatically revert to cash when they come due.
Answered on 2/14/09, 2:34 pm