Department of Treasury Information EE Savings Bonds I Savings Bonds Treasury Auctions Treasury Bills Treasury Bonds Treasury Direct Treasury Inflation-Protected Securities Treasury Notes
Published:Thu, 17 Dec 2009 06:04:14 GMT
WASHINGTON (AP): In a striking reversal of its attempts to unwind the governments financial stakes in big banks, the Treasury Department is backing out of plans to sell its 34 per......
Published:Thu, 17 Dec 2009 00:49:27 GMT
Whats Your Reaction? The Treasury Department is backing off its plans to help Citigroup free itself from partial government ownership after the markets priced Citis shares below T......
Published:Wed, 16 Dec 2009 14:12:52 GMT
WASHINGTON -- The U.S. Department of the Treasury announced today that it priced a secondary public offering of 3,199,988 warrants to purchase common stock of TCF Financial Corpor......
Published:Thu, 17 Dec 2009 05:03:45 GMT
Tepid investor interest changes Treasurys mind about selling 34 percent Citi stake just yet......
Published:Wed, 16 Dec 2009 15:22:38 GMT
The Treasury Department has received $9.45 million in the sale of warrants it had received from TCF Financial Corp. as part of the support the government provided the bank during ......
Series EE Savings Bonds Information
Series EE Bonds are reliable, low-risk government-backed savings products that you can use toward financing education, supplemental retirement income, birthday and graduation gifts, and other special events. Series EE Bonds purchased on or after May 1, 2005, earn a fixed rate of return, letting you know what the bonds are worth at all times. EE Bonds purchased between May 1997 and April 30, 2005, are based on 5-year Treasury security yields and earn a variable market-based rate of return.
You may purchase EE Bonds via Treasury Direct or at almost any financial institution or through your employer's payroll deduction plan, if available. If you are a Treasury Direct account holder, you can purchase, manage, and redeem EE Bonds directly through the Internet.
Individuals, corporations, associations, public or private organizations, and fiduciaries can own paper Series EE/E Bonds. At this time, only individuals can open a Treasury Direct account and own electronic savings bonds.
You can own U.S. Savings Bonds if you have a Social Security Number and you're a resident of the United States. Citizen of the United States living abroad (must have U.S. address of record). Civilian employee of the United States regardless of residence. Unlike other securities, minors may own U.S. Savings Bonds.
Buying Electronic EE Bonds:
Sold at face value; i.e., you pay $50 for a $50 bond and it's worth its full value when it's available for redemption.
Purchase in amounts of $25 or more, to the penny.
$5,000 maximum purchase in one calendar year.
Issued electronically to your designated account.
Buying Paper EE Bonds:
Sold at half their face value; i.e., you pay $25 for a $50 bond but it's not worth its face value until it has matured.
Purchase in denominations of $50, $75, $100, $200, $500, $1,000, and $5,000, and $10,000.
$5,000 maximum purchase in one calendar year.
Issued as paper bond certificates.
If you redeem EE/E Bonds in the first 5 years, you'll forfeit the 3 most-recent months' interest. If you redeem them after 5 years, you won't be penalized.
