Question:

I have lost the bond certificate. How do I get the money as the RBI 6.5% bonds have matured in june>?

by  |  earlier

0 LIKES UnLike

They were tax free 6.5% bonds and have matured in June

 Tags:

   Report

2 ANSWERS


  1. contact the institution where you bought them.


  2. Most bond are sold over a computer system.  They will all have CUSIP numbers.  You actually never get a copy of the bond.  You just watch it online with your numbers.  If you have a copy of your actual bond I would have to say its a bearer bond.  Meaning whoever turns it in, its theirs.  Its like cash, you drop 100 dollar bill and somebody picks it up.  They can cash it anywhere.

    I cant imagine that anybody would keep a bearer bond in a place that could be lost, but if this is the case.  The money is gone.  Otherwise you wont have a certificate but simply an accounting.  The bank can look it up under your SSN and CUSIP.  Take them about 3 seconds.

    But as I said if its a bearing bond, you are screwed if you cant find it.

Question Stats

Latest activity: earlier.
This question has 2 answers.

BECOME A GUIDE

Share your knowledge and help people by answering questions.