Treasury Savings Bonds (TreasuryDirect)
Statutory term: Matured Unredeemed Debt (MUD)
Overview
Search for Unclaimed Property
This program provides a public search portal where you can look up unclaimed property.
Search Now →Key Statistics
Dormancy Periods
The dormancy period is how long property must be inactive before it is considered unclaimed and reported to the state.
| Property Type | Years | Notes |
|---|---|---|
| Series EE bonds | 30 | Earn interest for 30 years from issue date; stop earning at final maturity. Bonds issued Jan 1980 - May 1995 have already stopped earning interest. |
| Series I bonds | 30 | Earn interest for 30 years from issue date. Must hold minimum 1 year; early redemption penalty (3 months interest) if cashed before 5 years. |
| Series E bonds | 30 | All Series E bonds have reached final maturity and stopped earning interest. Last issued June 1980. |
| Series H/HH bonds | 20 | Series H: 30-year maturity (last issued 1979). Series HH: 20-year maturity (last issued Aug 2004). All have reached final maturity. |
| Savings Notes (Freedom Shares) | 30 | Issued 1967-1970. 30-year maturity. All have matured and stopped earning interest. |
Treasury savings bonds represent the largest single category of unclaimed federal property. Approximately $29 billion in matured, unredeemed debt (MUD) exists as of 2024, representing roughly 1% of all paper savings bonds ever issued. Since 1935, Treasury has issued 6.8+ billion paper bonds valued at $731+ billion. The MUD balance was projected to peak near $39 billion around 2023. Under the SECURE 2.0 Act (2022), Treasury is required to work with states to transfer matured bond data to state unclaimed property programs, making it easier for owners to claim. As of September 30, 2025, the Treasury Hunt search tool was retired and inquiries are now routed through state unclaimed property offices. Paper bonds can still be redeemed at authorized financial institutions or by mailing to Treasury Retail Securities Services.
Finder / Helper Restrictions
Restriction Level: None
Fee Cap: None — Federal savings bonds are not subject to state unclaimed property finder fee regulations. Owners redeem bonds directly through TreasuryDirect or authorized financial institutions. No finder services are regulated at the federal level for bond redemption.
Waiting Period: None — No waiting period applies. Bond owners can redeem at any time after the minimum holding period (typically 1 year for EE/I bonds).
Solicitation Rules: Not applicable. Savings bond redemption is handled directly by the Treasury through TreasuryDirect.gov or authorized financial institutions. As of September 30, 2025, the Treasury Hunt tool was retired; inquiries about unredeemed securities are now handled through state unclaimed property programs under SECURE 2.0 Act provisions.