Series 7: 2.12.5 U.S. Savings Bonds

2.12.5  U.S. Savings Bonds

U.S. savings bonds were created in 1935 to broaden citizen participation in government financing by making bonds available in small denominations. Savings bonds offer a fixed rate of interest over a fixed period of time (30 years), with face values ranging from $25 to $10,000. They are non-callable, nontransferable, and nonnegotiable. They cannot be sold in the secondary market; they can only be sold by redeeming them to the U.S. government.

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