savings bonds
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'Baby Bonds' - A,B,C,D Savings Bonds

In March 1935, the first savings type security offered by the Treasury Department became available to the non-professional investor, it was called the A bond. The B bond was offered in 1936, followed by the C bond in 1937 and 1938. The D bond was issued in 1939 through April 1941. These first savings bonds are often referred to as "baby bonds." Through the sales of these bonds, the government borrowed $3.9 billion, and it was the start of something big for the Treasury - the savings bond market! (Now worth over $187 billion) .

How A, B, C and D Series Bonds worked:

Denominations available were $25.00 to $1,000.00
Sold at 75% of face value
Accrued interest at 2.9%, compounded semi-annually (when held for 10 years)
10 year maturity period
Sold in post offices and U.S. Treasurers Office
THE INTEREST FROM BONDS ISSUED FROM 3/35 THROUGH 2/41 ARE NOT TAXABLE

Baby Bonds Have "Small" Maturity Periods:
Unlike E, EE or the I Bond which earn interest for 30 or even 40 years, the baby bonds are only worth their face value if you redeem them and held them for 10 years. Baby bonds
are not listed on the PDF 3600 forms.

Did Mom, Dad or Grandma Own Baby Bonds? - Ask them!
If you think you or your family may have ever owned one of these bonds, they could be worth up to 8 times their face value. If they were lost, stolen or possibly destroyed, you should go to the SavingsBonds.com Inc. Lost Bond Service and submit an application. They can be replaced and could be your lost treasure!

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