Thousands of people across the country are invested in the U.S., not just legally through taxes, but by choice through U.S. Savings Bonds. A savings bond is a note that is issued by the government to recognize that they owe the buyer money, in essence the people of the United States who buy Savings bonds are loaning the government money. The government, in turn, has agreed to pay the lendee back within a certain period of time at a particular rate of interest.
(more…)
Comments Off
Were you aware that Government bonds and U. S. Savings bonds are exactly the same thing? You lend a sum of money to the United States government for an amount of time at a cost of interest. The nominal value of this loan is worth twice as much as what you give the government. You may give the government one thousands dollars but its value is two-thousand dollars.
(more…)
Comments Off
Key Points Regarding US Savings Bonds:
US Savings Bonds comprise the following: EE Bonds, HH Bonds (no longer issued as of 8/31/04) and I bonds (inflation protection)
(more…)
Comments Off
US Savings Bonds are government certificates of debt. What does this mean? When you buy these government bonds, you are in reality giving your money to the US government for a limited time during which you will receive interest. The value of this certificate of debt is set by the government issuing it and its face value is double of what you invest. This means that when you pay one-hundred dollars for a bond, you are in reality paying for something worth two-hundred dollars.
(more…)
Comments Off
