Series E bond

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Series E bond

A local and state tax-free bond issued by the U.S. government from 1941 to 1979, which was then replaced by Series HH bonds.

Series E Bond

In the United States, a formerly-issued savings bond, exempt from state and local taxes, with a fixed interest rate. These bonds were sold at three-fourths of face value and pay par upon maturity, which was originally 10 years, but later became 30 or 40 years. They began to be issued to help finance American involvement in World War II; they were known colloquially as war bonds. They were non-transferable and must either have been held or redeemed. In 1980, the government stopped issuing Series E bonds and replaced them with Series EE bonds. For a time, Series E bonds were exchangeable for Series H or Series HH bonds, but this is no longer the case.
References in periodicals archive ?
Earlier last year, BATS was revamped along the lines of Bloomberg-based E-Bond with various system enhancements aimed at facilitating price discovery in listed debt instruments and price negotiation between market participants in line with international standards.
55% AER, Norwich and Peterborough BS's E-Bond offers a rate that hasn't been bettered for almost 18 months, says Andrew Hagger of Moneynet.
pounds NORWICH & Peterborough Building Society has increased the interest rate on its One-Year Fixed Rate Bond and internet One-Year E-Bond to three per cent gross a year.
The best rates include Skipton's one-year e-bond at 3.
A new range of Nationwide BS bonds includes a one year e-Bond paying 6.
As a primary dealer in government securities, and of national prominence in SBA lending, public finance advisory services, agricultural finance and e-bond trading, Zions First National Bank had to change its approach.
In Argentina's case, the e-bond platform widened the government's potential market of buyers to 1,000, many of them individual investors.
The FSA has so far authorized two brokerages, including E-Bond Securities K.
This E-Bond, as we like to call it, was an exciting achievement for many reasons," Donald A.
Northern Rock has launched two new issues of its new online fixed rate e-bond account, providing competitive interest rates for those savers who wish to operate their accounts online.
In a boost for savers is the Skipton BS E-Bond, has increased the rate on one-year accounts raised from 3.