Series E bond

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Series E U.S. Savings Bonds were marketed as war bonds during the Second World War. When Americans talk about war bonds, they are usually referring to Series E bonds.

Contents

[edit] 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.

[edit] War Bonds

The first Series E Bond was sold to President Franklin D. Roosevelt by Secretary of the Treasury Henry Morgenthau on May 1, 1941. [1]. These were marketed first as "defense bonds", then later as "war bonds".

[edit] After the War

Although Series E bonds are usually associated with the war bond drives of WW2, 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-9/11 war bond, but has never enjoyed the popularity of the Series E war bond.

[edit] Notes