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dgmodel

If you were an Investor...

Would you invest in War Bonds???  

4 members have voted

  1. 1. Would you invest in War Bonds???

    • Yes...
      2
    • No...
      1
    • What Barry Bonds Is Going To War???
      1


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The yield on them is too low. Why would I buy them when I can buy tax free municipal bonds yielding a higher rate?

AS OF NOVEMBER 19, 2001

On November 16, 2001, the Treasury Department announced that it will designate Series EE savings bonds that are sold through financial institutions as "Patriot Bonds." The funds that are raised by the sale of these bonds, will not be earmarked for a specific purpose, but will contribute to the Federal government's overall effort to fight the war on global terrorism.

These Series EE savings bonds will be specially inscribed with the legend "Patriot Bond." The legend also will appear on Series EE bonds available at the Bureau of the Public Debt's Savings Bond Direct web site. The Series EE savings bonds earn 90 percent of the 5-year Treasury securities yield. The rate in effect through April 2002 is 4.07 percent. The bonds sell at half of their face value and are available in denominations of $50, $75, $100, $200, $500, $1,000, $5,000 and $10,000.

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