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Code of Federal Regulations (Last Updated: May 6, 2024) |
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Title 31 - Money and Finance: Treasury |
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Subtitle B - Regulations Relating to Money and Finance |
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Chapter II - Fiscal Service, Department of the Treasury |
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SubChapter A - Bureau of the Fiscal Service |
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Part 351 - Offering of United States Savings Bonds, Series EE |
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Subpart B - Maturities, Redemption Values, and Investment Yields of Series EE Savings Bonds |
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General Provisions |
§ 351.13 - What do I need to know about the savings bond rate to understand redemption value calculations in this subpart?
Latest version.
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§ 351.13 What do I need to know about the savings bond rate to understand redemption value calculations in this subpart?
We determine the savings bond rate by compiling 5-year Treasury securities yields as of the close of business for each day of the previous six months and calculating the monthly average to the nearest one-hundredth of one percent. We then determine the savings bonds rate by taking 90 percent of the 6-month average and rounding the result to the nearest one-hundredth of one percent.