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 ?
The rates for the new issues of fixed rate e-bonds are as follows:
45% The Society's E-Bonds offer customers the chance to benefit from good returns over six months and one, two, three, four or five years.
E-bonds (Issues 7 and 8) are non-redeemable and neither issue allows any withdrawals or closure during its respective fixed rate period.
So-called E-bonds would be a joint euro zone bond backed by all its members, both weak and strong.
We believe financial markets are likely to be disappointed by C* the overall silence regarding other proposals made in the run-up to the summit, such as the upsizing of the EFSF and E-bonds," said Frank Engels, economist at Barclays Capital.
German Chancellor Angela Merkel gets close to French President Nicolas Sarkozy - but she wants to keep her distance from E-bonds
Nationwide has also announced details of the following new range of e-Bonds and Fixed Rate Bonds, offering guaranteed returns for savers:
The E-Bonds action mascot was created to illustrate how Morgan Stanley is a crusader for new network trading platforms that can help clients fortify themselves in the international bond markets.
E-bonds (Issues 3 and 4) are non-redeemable and neither issue allows any withdrawals or closure during its respective fixed rate period.
The campaign took place during a period of extraordinary demand for E-bonds, using segments from Nationwide's award- winning "Proud to Be Different" promotion.
In his new role, Probert will manage underwriting and issuance of high grade products including asset backed, corporates, e-bonds, medium term notes and preferred securities.
The issuing entity of the e-bonds is DaimlerChrysler North America Holding Corporation.