Patriot Bond

(redirected from Patriot Bonds)

Patriot Bond

A Series EE bond issued after September 11, 2001. Patriot bonds were inspired by the war bonds issued during World War II, but they never gained the latter's popularity.

Patriot Bond

A specially inscribed Series EE savings bond issued by the U.S. Treasury beginning December 11, 2001, three months following the September 11 terrorist attacks, to call attention to the country's war effort.
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2 September 2011 -- Spanish lender CaixaBank (MCE:CABK) has been mandated to book-run Andalusia's proposed sale of EUR400m (USD570.6m) of patriot bonds, the region's official gazette said Thursday.
United States savings bonds (Series E before 1980 and Series EE after), including Patriot Bonds (see below) are issued on a noninterest bearing discount basis.
Patriot Bonds. Patriot Bonds are regular Series EE Savings Bonds specially inscribed with the legend "Patriot Bond." As with regular Series EE Savings Bonds, Patriot Bonds are sold at one-half of face value ($50, $75, $100, $200, $500, $1,000, $5,000, and $10,000).
(6aw.) See Treasury Press Release, Treasury Department Unveils Patriot Bond on 3-Month Anniversary oof September 11 Attacks (December 22, 2001).
* Redeeming any Series EE savings bonds (also called Patriot bonds) on which you have elected to defer taxes until they are redeemed
bonds as "Patriot Bonds," whose purpose was "to fight the
print the words "Patriot Bond" on the Series EE bond.
Besides going to the mall or investing in the stock market, they could go to the bank and buy up the government's brand new "Patriot Bonds."
These "Patriot Bonds," it turned out, were just regular Series EE savings bonds with a new label, and what revenue they raised was not even earmarked for the war on terrorism.
According to Treasury News Release PO-854, a new series of EE Savings Bonds have been designated as "Patriot Bonds" after the Sept.
Series EE savings bonds sold through financial institutions will be specially inscribed with the legend "Patriot Bond." The legend will also appear on Series EE bonds available at the Bureau of the Public Debt's Savings Bond Direct Website, www.publicdebt.treas.gov.
(3.) See Treasury Press Release, Treasury Department Unveils Patriot Bond oon 3-Month Anniversary oof September 11 Attacks (December 22, 2001).