Asked on 22 Oct 2018
Regarding the SSB, if I plan to "invest" $500 every month from today, am I buying a new bond every month (in this case I will be holding 120 bonds in 10 years, and the last bond I buy maturing 20 years from today)? Or am I "pumping" money into the same bond?
It's a different share of one bond each application. Thus, you'll be having a part of 120 bonds over 10 years if you apply and get it every month.
22 Oct 2018