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Savings-Bonds-Alert: Death of paper Savings Bond imminent?

Friday, January 14, 2005

Death of paper Savings Bond imminent?

It is my understanding that sometime this year the paper savings bond program will be done away with. Have you heard when this might happen? Tom's response This isn't true. What will happen this year is that people who have Treasury Direct accounts will be able to convert their paper bonds into electronic bonds. This will be voluntary. Although discontinuance of paper bonds was under discussion, the plans met a great deal of resistance and have been filed away.


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