Government Bonds & E-Savings Bonds

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  • Topic: Series E bond, Bonds, War bond
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  • Published : December 28, 2012
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Government Bonds & E Savings Bonds
David A Barton
Colorado Technical University Online

Government Bonds & E Savings Bonds
Retrieved from: Treasury Direct
http://www.treasurydirect.gov/BC/SBPrice
EE BONDS: $ 50 - $500 - $1,000 Oct-2001|  | Oct-2004| | Oct-2007| | Oct-2010| Value| | Int. Rate| | Value| | Int. Rate| | Value| | Int. Rate| | Value| | Int. Rate| 34.84| | 0.81%| | 31.42| | 0.81%| | $29.68| | 3.40%| | $25.66| | 1.40%| 348.40| | 0.81%| | $314.20| | 0.81%| | $296.80| | 3.40%| | $256.60| | 1.40%| 696.80| | 0.81%| | $628.40| | 0.81%| | $593.60| | 3.40%| | $513.20| | 1.40%| | | | | | | | | | | | | | | |

I Bonds: $50 - $500 - $1,000|
Oct-2001|  | Oct-2004| | Oct-2007| | Oct-2010|
Value| | Int. Rate| | Value| | Int. Rate| | Value| | Int. Rate| | Value| | Int. Rate| 92.26| | 5.23%| | 68.10| | 3.20%| | 61.14| | 3.51%| | $52.46| | 2.40%| 922.60| | 5.23%| | 681.00| | 3.20%| | $611.40| | 3.51%| | $524.60| | 2.40%| 1,845.20| | 5.23%| | 1,32.00| | 3.20%| | $1,222.80| | 3.51%| | $1,049.00| | 2.40%| | | | | | | | | | | | | | | |

E Bonds: $25 - $100| | | | | | Savings Notes: $50 - $100| Oct-1967|  | Oct-1970| | 10/1/1967 ($50 lowest)|  | 10/1/1970 ($50 lowest)| Value| | Int. Rate| | Value| | Int. Rate| | Value| | Int. Rate| | Value| | Int. Rate| $128.45| | N/A| | $139.69| | N/A| | $308.10| | N/A| | $277.40| | N/A| $513.80| | N/A| | $558.76| | N/A| | $616.20| | N/A| | $554.80| | N/A| | | | | | | | | (These 2 were not available in the $25 amount) | | | | | | | | | | | | |

Government Bonds & E Saving Bonds

The U.S. Savings Bond over the last 77 years has been one way that citizens have saved money in hopes of investing money without risking losing money by investing in the stock market. Over the last 77 years savings bonds have underwent major transformations The first savings bond where E-Bonds and in 1935 President Franklin D. Roosevelt signed legislation that allowed the U.S. Treasury department to sell these bonds to the American Citizens what made these bonds so nice was there price if $18.75 with a face value of $25.00 the first bond was a series A bond in 1935 followed by the B bond in 1936 the C Bond in 1938 and the D bond in 1941. The earlier A,B,C and D bonds were nicknamed the “ Baby Bond” (History of Savings Bonds,2012) With the attack on Pearl Harbor and the U.S. becoming involved in WW2 President Roosevelt introduced the Series E Bonds they would later be called the Defense Bond or after the attack on Pearl Harbor they become known as War Bonds as they were sold to Citizens to fund WW2 over the next 5 years until 1946 with the help of famous people like Norman Rockwell the War Bonds generated over 130 million dollars in sales which helped fund the War. (History of Savings Bonds, 2012)

The Series E bond which come out on May 1, 1941 and was patterned after its predecessors become the most durable of all series and the world’s most widely held security. As the defense bond of 1941 the “War Bond” of 1942-1945 and in 1946 became just a savings bond-it was purchased by tens of millions of families during the years of 1941 through 1945 more people brought savings bonds than cashed them it was how many Americans families build their nest eggs. Most E Bonds were purchased at 75% of face value meaning a 100 dollar E savings bond would cost 75 Dollars at time of issue. Most Series E Savings bonds had a 4 %...
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