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F & G Savings Bonds

When E bonds were offered in 1941, so were Series F & G. The bonds were offered not just to individual investors, but to all investors, excluding banks. Since they were only offered until 1952, there weren't that many bonds issued. Check your safety deposit boxes, your drawers, or even in your grandma's attic. If you find one of these rare bonds, you could be in for a pleasant surprise!

"F" Series Facts:

Offered in denominations of $25, $100, $500, $1,000, $5,000 and $10,000.00
Bought at 74% (not 75%) of face value.
Increased in value until it reached full maturity in 12 years.
When held to maturity, the bond offered a 2.53% interest rate.
Were sold through Federal Reserve Branches and the Treasury, not through banks.
The bond could be redeemed after 6 months old, with a one month's written notice.
Initially annual purchase limits were $50,000, but soon raised to $100,000.

"G" Series Facts:

Offered in denominations of $100, $500, $1,000, $5,000 and $10,000.00.
Bought at face value.
Matured in 12 years.
Interest was paid at 2.5% per year, paid via a Treasury check every six months.
Bonds are subject to an interest adjustment if redeemed prior to maturity.
Were sold through Federal Reserve Branches and Treasury, not through banks.
The bond could be redeemed after 6 months old, with a one month's written notice.
Initially annual purchase limits were $50,000, but then raised to $100,000.

SavingsBonds.com Inc. Tip: If you own any F & G bonds, and you wish to redeem them, you must send them into a Federal Reserve Location, don't try to cash them in at a financial institution (i.e banks, credit unions). The actual bond (printed paper) may be worth more at an auction or to a collector than the face value (depending on the denomination), due to the limited availability of these bonds.

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