New Law Gives Your Series E Bends Ten More Interest-Bearing Years
Bond bought for $18.75 in ’41 Will Pay $33.33 in ’61!
Congress has passed a bill that makes it
possible for all United States Series E
Bonds to continue earning interest ten
years longer than was originally planned.
For example, a Series E Bond which
cost you $18.75 in 1941 will pay you $25
in 1951. But if you hold that bond ten
extra years, until 1961, it will pay you
$37."T This L average interest of 2.9%
per year.
The new law applies to Series E Eonds
of any denomination (purchase price of
$18.75, $37.50, $75 and up to $750.00)
bought in any year. The me holds true
for any bonds of this series which you
may buy in the future.
There is nothing for y u, as a bond
holder, to do. You need not exchange the
bonds you have. You need not sign any
paper, fill out any form. You simply keep
your bonds as you have been keeping them.
This law does not change your privilege
of redeeming bonds in any way. You may
still redeem your bonds at any time after
the first sixty days you have held them.
The tables below show the cash value of
all bonds from year to year.
May be converted to Series G
The new law also makes it possible for 1
j '■•ou to exchange your Series E Bonds, in
j blocks of $500 or more, for Special Series
G Bonds which pay their interest in cash
twice a year for 12 years. For further
details on this Series, ask at any Federal
Reserve Bank or Branch.
Here’s how Series E Defense Bonds
earn the first 10 years
¥
Maturity Value.
Issue Price.
$25.00
$18.75
$50.00
$37.50
$100.00
$ 75.00
Period After Issue Date
Redemption Values During Each Year
10 years.
Maturity value
(10 years from issue
date).
$18.75
19.00
19.25
19.75
20.25
2Q.75
21.50
22.50
23.50
24.50
$25.00
$37.50
38.00
38.50
39.50
40.50
41.50
43.00
45.00
47.00
49.00
$50.00
75.00
76.00
77.00
79.00
81.00
83.00
86.00
90.00
94.00
98.00
$100.00
I
Now look how your maturing bonds go on earning under the new law!
Original maturity (or
face) value.
Issue price.
Period after issue date
11 years.
13 years.
14 years.
15 years...
16 years.
19 years.
20 years.
Extended maturity value
(20 years from issue
date).
$25.00
$18.75
$25.31
25.94
26.56
27.19
27.81
28.44
29.06
30.00
31.33
32.67
$33.33
$50.00
$37.50
$100.00
$ 75.00
$200.00
$150.00
$500.00
$375.00
Redemption values during each year
$50.62
51.87
53.12
54.37
55.62
56.87
58.12
60.00
62.67
65.33
$66.67
$101.25
103.75
106.25
108.75
111.25
113.75
116.25
120.00
125.33
130.67
$133.33
$202.50
207.50
212.50
217.50
222.50
227.50
232.50
240.00
250.67
261.33
$266.67
$506.25
518.75
531.25
543.75
556.25
568.75
581.25
600.00
626.67
653.33
$666.67
$1,000.00
$ 750.00
$1,012.50
1.037.50
1.062.50
1.087.50
1.112.50
1.137.50
1.162.50
1,200.00
1,253.33
1,306.67
$1,333.39
J
Buy U. S. Defense Bonds tooay • Now they earn interest ID years longer!
The U. S. Government does not pay for this advertising. The Treasury Department thanks,
for their patriotic donation, the Advertising Council and
i
Mirror