Page 34 - Interest Income - Individuals
P. 34

Series E and EE Bonds








                                                                                      Series E




                                                                                     Series E bonds were issued before 1980. All
                                                                                       Series E bonds have matured and are no
                                                                                       longer earning interest.
                                                                                     Series EE bonds were first offered in January
                                                                                       1980 and have a maturity period of 30 years;
                                                                                       they were offered in paper (definitive) form
                                                                                       until 2012.
                                           IN                                        Paper Series EE and Series E bonds were

                                                                                       issued at a discount and increase in value as
                                                                                       they earn interest. Electronic (book-entry)
                                                                                       Series EE bonds were first offered in 2003;
                                                                                       they are issued at face value and increase in
                                                                                       value as they earn interest.
                                                                                     For all Series E and Series EE bonds, the
                                                                                       purchase price plus all accrued interest is
                                                                                       payable to you at redemption.










                                                                                                                                     32
   29   30   31   32   33   34   35   36   37   38   39