Series E bond
Series E U.S. Savings Bonds were marketed as
war bondsduring the Second World War. When Americans refer to war bonds, they are usually referring to Series E bonds.
The U.S. Savings Bond Programs
The first modern U.S. Savings Bonds were issued in
1935, to replace U.S. Postal Service Bonds. They were marketed as a safe investment that was accessible to everyone. The first bonds, series A, were followed by series B, C, D, E, EE, F, G, H, HH, and I.
The first Series E Bond was sold to President
Franklin D. Rooseveltby Secretary of the Treasury Henry Morgenthau on May 1, 1941. [ [http://www.treas.gov/offices/treasurer/savings-bonds.html U.S. Treasury - Introduction to Savings Bonds ] ] . These were marketed first as "defense bonds", then later as "war bonds".
After the War
Although Series E bonds are usually associated with the war bond drives of
World War II, they continued to be sold until 1980, when they were replaced by Series EE bonds. A version of Series EE bonds, known as the Patriot Bond, is a sort of post- 9/11war bond, but has never enjoyed the broad subscription of the Series E war bond.
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Look at other dictionaries:
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